JMI Equity, a private equity firm focused on investing in software companies, has made an investment in Fullbay, a platform that improves the operational efficiency of heavy duty repair shops.
Fullbay’s cloud-based software is designed to improve heavy-duty repair shop productivity, accountability and financial performance. Existing investor, Mainsail Partners, has also reinvested in the company. The combined partnership looks to drive the expansion of Fullbay’s software services to help more shops run and operate efficiently within the independent commercial repair and internal fleet maintenance industry.
“We are excited to partner with the Fullbay and Mainsail teams to continue the company’s focus on helping shops optimize and grow their businesses,” states Suken Vakil, partner at JMI Equity.