Mr. Jarmel is the Principal and founder of Periscope Equity, a Chicago-based, lower-middle market private equity firm focused exclusively on making significant investments in technology-enabled business services companies. Mr. Jarmel has spent his entire career working with technology-enabled business services companies, serving as an investor and board member after working in investment banking and holding operational roles.
Prior to Periscope Equity, Mr. Jarmel was a principal at Bridge Investments, where he originated, negotiated and led the firm’s business services investments. He was the chairman of the board of Prime Visibility Media Group through its ultimate sale to blinkx plc (LSE: BLNX) in November 2011. In addition, he was a board member and the lead preferred director of FreightWatch International through its ultimate sale to United Technologies Corp. (NYSE: UTX) in June 2012. Prior to Bridge, Mr. Jarmel was a director at Lake Capital, a middle-market private equity firm focused on business services firms where he executed several transactions.
Earlier in his career, Mr. Jarmel was an investment banker, first at ABN Amro and then at Donaldson, Lufkin & Jenrette (later Credit Suisse First Boston through acquisition), where he was a member of the Mergers and Acquisitions group. At DLJ/CSFB, Mr. Jarmel worked extensively with Information Resources, Inc. (IRI), a Chicago-based market research company, which he later joined IRI in an operational capacity.
Mr. Jarmel earned his BSM from Tulane University and holds his MBA from the University of Chicago Booth School of Business. He is a member of the Tulane Fund Advisory Board.