Jamf Holding Corp.

What does Jamf do?

Jamf sells subscription software that organizations use to manage and secure Apple devices at work. Its tools handle device enrollment, configuration, app deployment, identity, and endpoint security for Macs, iPhones, iPads, and Apple TVs.

Is Jamf publicly traded?

No. Jamf traded on the NASDAQ under ticker JAMF from July 2020 until January 2026, when Francisco Partners completed a $2.2 billion acquisition and took the company private.

Who owns Jamf?

Private equity firm Francisco Partners owns Jamf as of January 2026. Vista Equity Partners, Jamf's controlling shareholder since 2017, retained a minority investment in the private company.

Who founded Jamf?

Zach Halmstad founded Jamf in 2002 in Eau Claire, Wisconsin, after writing software to manage Mac computers at the University of Wisconsin Eau Claire. Chip Pearson joined in 2003 as co-founder.

Where is Jamf headquartered?

Jamf is headquartered in Minneapolis, Minnesota. It maintains a major office in Eau Claire, Wisconsin, where the company was founded, and sells to customers in more than 120 countries.

What was Jamf's revenue?

Jamf reported $627.4 million in revenue for fiscal 2024 and $690.6 million in trailing twelve month revenue through September 2025. Annual recurring revenue was $728.6 million as of Q3 2025, the last publicly reported quarter before the take private.

Zach Halmstad founded the company in 2002 in Eau Claire, Wisconsin. As a student and then IT staff member at the University of Wisconsin Eau Claire, he managed the campus Mac fleet and found no good tools for administering Apple computers at scale. He wrote his own. Chip Pearson, a former Apple systems administrator who ran a Mac reseller called The Foundation, joined in 2003, and the pair built the business around a single product, the Casper Suite, later renamed Jamf Pro.

The company stayed small and bootstrapped for years, running on two employees until 2007. Its first outside capital came in 2010, followed by a $30 million investment from Summit Partners in 2013. By then Jamf had more than 4,000 customers and was managing millions of Apple devices for schools, creative agencies, and increasingly Fortune 500 companies.

Dean Hager became CEO in 2015 and professionalized the go to market operation. Vista Equity Partners acquired a majority stake in 2017, valuing the company at approximately $700 million according to press reports at the time. Under Vista, Jamf shifted its licensing model from perpetual licenses to subscriptions, a transition led by John Strosahl, who joined in 2015 as chief revenue officer.

Jamf went public on the NASDAQ in July 2020, raising $468 million at a valuation of roughly $4.6 billion including shares. The IPO priced during a surge in remote work demand for device management. Through the public years, the company acquired security vendors to extend beyond device management: Wandera for mobile threat defense in 2021 for approximately $400 million, ZecOps for mobile forensics in 2022, and Identity Automation for identity access in 2025.

Growth cooled as the post pandemic device cycle normalized, and the stock traded well below its IPO peak. On October 29, 2025, Jamf announced a definitive agreement to be acquired by Francisco Partners for $13.05 per share in cash, valuing the company at approximately $2.2 billion. The deal closed in late January 2026 and the stock was delisted on January 30, 2026. Strosahl remained CEO through the transition.

Jamf has had no major regulatory actions. The notable friction point is customer sensitivity to bundling: as management and security products merged into platform pricing, some customers pushed back on paying for capabilities they did not use. The company also drew routine scrutiny over its convertible notes and term loan structure entering the take private, standard for leveraged transactions and resolved at closing.