JobNimbus Acquires SumoQuote

Sumeru Equity Partners Acquires JobNimbus in $330M Control Investment

November 13, 2024

Cloud & SaaS

Sumeru Equity Partners has made a $330 million control investment to acquire JobNimbus, a Lehi, Utah–headquartered SaaS provider for roofing and exterior contractors. The funding — supported by a senior credit facility arranged by Monroe Capital — will be used to scale product development (including AI features), expand the team, and accelerate growth; existing investors and founders will remain on the cap table and Sumeru will join the board.

BigCommerce Acquires Quote Ninja (B2B Ninja)

February 10, 2022

Cloud & SaaS

BigCommerce acquired Quote Ninja, Inc. (dba B2B Ninja), a provider of enterprise quote management software, to integrate quoting capabilities into its Open SaaS ecommerce platform. The deal expands BigCommerce's B2B functionality and complements its recently launched B2B Edition, enabling merchants to manage quotes and complex B2B flows natively.

Mainsail Partners Invests $53 Million in JobNimbus

January 13, 2021

Cloud & SaaS

Lehi, Utah-based home services software company JobNimbus received a $53 million growth investment from San Francisco-based growth equity firm Mainsail Partners. The capital will be used to advance JobNimbus' core SaaS platform, expand product and support teams, and accelerate customer growth; Mainsail principals will join JobNimbus' board.

MBO Partners Acquires MindSumo, Inc.

September 29, 2020

Marketing & Advertising

MBO Partners has acquired MindSumo, an open innovation and crowdsourcing platform based in Durham, North Carolina. The acquisition adds MindSumo's community and crowdsourced innovation capabilities to MBO's independent-workforce platform, enabling expanded services for enterprise clients focused on product development, market research and co-creation.

Francisco Partners Acquires Sumo Logic

May 12, 2023

Cloud & SaaS

Francisco Partners has completed its acquisition of Sumo Logic for $12.05 per share in cash, valuing the company at approximately $1.7 billion. The transaction takes Sumo Logic private and positions the SaaS analytics provider to accelerate product innovation and growth in observability and security for cloud-native applications.

NSI Insurance Group Acquires Majority Stake in HoneyQuote

March 22, 2022

Insurance

NSI Insurance Group has acquired a majority stake in Florida-based insurtech HoneyQuote to expand NSI's digital capabilities and accelerate HoneyQuote's national rollout and product expansion. HoneyQuote operates a machine-learning powered insurance search engine that enables consumers to compare and purchase homeowners and other property insurance online and is licensed in Florida and Texas.