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Jamf Reportedly Files Confidentially for IPO

Minneapolis-based Jamf Software LLC has filed confidentially for an initial public offering, Bloomberg reports. According to unnamed sources, the company is seeking a valuation of around $3 billion.

Although Jamf considered an IPO in 2016, it ultimately didn’t go through with the move. Instead, the company was purchased by Vista Equity Partners for an undisclosed sum. Bloomberg’s sources said that while the company’s plans could change, the IPO could be finalized this year. The sources also said that the company’s 2019 revenue totaled about $220 million.

Jamf provides mobile device management (MDM) software that allows clients to manage Apple products including iPhones, iPads, Macs, and Apple TVs. As of 2019, the company says its services are used by more than 35,000 organizations.

We’ll continue to provide updates as more information becomes available.

Alex Skjong
Alex oversees the content produced for BETA, Twin Cities Startup Week, and When he’s not writing or editing, there’s a good chance he’s enjoying a refreshing brew and explaining the merits of heavy metal (of which there are many).