Vista funds exit Jamf (JAMF) as 45.4M shares cashed out in $13.05 merger
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vista-affiliated investment funds reported the completion of a cash merger involving Jamf Holding Corp. (JAMF). At the effective time of the merger with Jawbreaker Parent, Inc., each Jamf common share held by the reporting Vista funds was cancelled and converted into the right to receive $13.05 per share in cash.
The Form 4 shows that 45,358,762 shares of Jamf common stock indirectly held through Vista funds were converted in this transaction, leaving zero shares beneficially owned after the merger. Jamf now survives as a wholly owned subsidiary of Jawbreaker Parent, reflecting the company’s move from public to private ownership under this buyout structure.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
VEP Group, LLC, Vista Equity Partners Fund VI, L.P., Vista Equity Partners Fund VI-A, L.P., VEPF VI FAF, L.P., VEPF VI GP. Ltd., Vista Equity Partners Fund VI GP, L.P., Vista Co-Invest Fund 2017-1, L.P., VISTA CO INVEST FUND 2017 1 GP, L.P., VISTA CO INVEST FUND 2017 1 GP, LTD., VEPF VI Co-Invest 1, L.P.
Role
10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common stock, $0.001 par value | 45,358,762 | $13.05 | $591.93M |
Holdings After Transaction:
Common stock, $0.001 par value — 0 shares (Indirect, See Footnotes)
Footnotes (1)
- Pursuant to the Agreement and Plan of Merger, dated as of October 28, 2025, by and among the Issuer, Jawbreaker Parent, Inc. ("Parent") and Jawbreaker Merger Sub, Inc. ("Merger Sub"), Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving as a wholly owned subsidiary of Parent. At the effective time of the Merger (the "Effective Time"), each issued and outstanding share of the Issuer's common stock, par value $0.001 per share ("Common Stock"), owned by the reporting persons immediately prior to the Effective Time was automatically cancelled, extinguished and converted into the right to receive $13.05 per share in cash, without interest thereon. Consisted of (a) 24,312,715 shares held directly by Vista Equity Partners Fund VI, L.P. ("VEPF VI"), (b) 14,687,388 shares held directly by Vista Equity Partners Fund VI-A, L.P. ("VEPF VI-A"), (c) 295,855 shares held directly by VEPF VI FAF, L.P. ("VEPF FAF"), (d) 4,490,966 shares held directly by Vista Co-Invest Fund 2017-1, L.P. ("Vista Co-Invest") and (e) 1,571,838 shares held directly by VEPF VI Co-Invest 1, L.P. ("VEPF Co-Invest") (collectively, the "Vista Funds"). Vista Equity Partners Fund VI GP, L.P. ("Fund VI GP") is the sole general partner of each of VEPF VI, VEPF VI-A and VEPF FAF. Fund VI GP's sole general partner is VEPF VI GP, Ltd. ("Fund VI UGP"). Vista Co-Invest Fund 2017-1 GP, L.P. ("Vista Co-Invest GP") is the sole general partner of Vista Co-Invest. Vista Co-Invest GP's sole general partner is Vista Co-Invest Fund 2017-1 GP, Ltd. ("Vista Co-Invest UGP"). VEPF VI Co-Invest 1 GP, L.P. ("VEPF Co-Invest GP") is the sole general partner of VEPF Co-Invest. VEPF Co-Invest GP's sole general partner is VEPF VI Co-Invest 1 GP, Ltd. ("VEPF Co-Invest UGP"). Robert F. Smith is the Sole Director and one of the 11 members of each of Fund VI UGP, Vista Co-Invest UGP and VEPF Co-Invest UGP. VEPF Management, L.P. (the "Management Company"), is the sole management company of each of the Vista Funds. The Management Company's sole general partner is VEP Group, LLC ("VEP Group"). Robert F. Smith is the sole Managing Member of VEP Group. Consequently, Mr. Smith, Fund VI GP, Fund VI UGP, the Management Company and VEP Group may be deemed the beneficial owners of the shares held by the Vista Funds. Each of the Vista Funds, Fund VI GP, Fund VI UGP, Vista Co-Invest UGP, VEPF Co-Invest UGP, the Management Company, VEP Group and Mr. Smith expressly disclaim beneficial ownership of any shares not held directly, except to the extent of its or his pecuniary interest.
FAQ
What corporate event triggered this Jamf (JAMF) Form 4 filing?
The filing was triggered by the closing of a merger where Jawbreaker Merger Sub, Inc. merged into Jamf Holding Corp. Jamf survived as a wholly owned subsidiary of Jawbreaker Parent, Inc., and Vista funds’ Jamf shares were cancelled for cash consideration of $13.05 per share.
Who are the main entities involved with Vista in this Jamf (JAMF) filing?
The filing lists multiple Vista funds, including Vista Equity Partners Fund VI vehicles and Vista Co-Invest funds, plus related general partners and VEP Group, LLC. These entities collectively held Jamf shares that were cashed out in the merger at $13.05 per share.