Articles from Madison Dearborn Partners, LLC

Madison Dearborn Partners, LLC (“MDP”), a leading private equity investment firm based in Chicago, today announced that it has signed an agreement with Thoma Bravo, a leading software investment firm, to acquire a significant ownership position in NextGen Healthcare, Inc. (“NextGen Healthcare” or the “Company”), a leading provider of innovative healthcare technology and data solutions. Thoma Bravo will retain a significant ownership position in NextGen Healthcare. MDP will partner with Thoma Bravo and NextGen Healthcare’s management team to support NextGen Healthcare’s growth.

Madison Dearborn Partners (“MDP”), a leading private equity investment firm based in Chicago, today announced that it has promoted nine of its leaders to best position MDP for continued long-term success. Effective immediately, Vahe Dombalagian has been promoted to lead MDP as Managing Partner, a newly created role, and will be supported by eight Partners.

Harmonia Holdings Group, LLC (“Harmonia” or the “Company”), a provider of innovative technology solutions to the U.S. Federal Government, today announced that it has received a strategic growth investment from funds affiliated with Madison Dearborn Partners, LLC (“MDP”). As part of this investment, Damon Griggs and Jon Brooks, formerly Executive Partners of MDP’s Technology & Government team, are joining Harmonia’s executive team with Damon serving as Chief Executive Officer (CEO) and Chairman of the Harmonia Board of Directors and Jon serving as Chief Business and Legal Officer.

Madison Dearborn Partners (“MDP”) today announced that it has signed a definitive agreement to sell LinQuest (“the Company”), a leader in National Security space systems and technology solutions for the defense and intelligence communities, to KBR (NYSE: KBR). KBR, a leading provider of science, technology and engineering solutions to governments and companies around the world, will acquire LinQuest in an all-cash transaction that is expected to be completed by the fourth quarter of 2024, pending regulatory approval and other customary closing conditions.

Michael D. Eisner’s Tornante Company and Madison Dearborn Partners (“MDP”) today announced that they have sold TDS Gift Cards to Ziff Davis (Nasdaq: ZD) in an all-cash transaction. The sale marks the last piece of the former Topps companies portfolio, which was owned by Tornante Company and funds affiliated with MDP, to be sold, and ends a partnership that began in 2007.

Madison Dearborn Partners (“MDP”), a leading private equity investment firm based in Chicago, today announced that funds affiliated with MDP have acquired T2S Solutions (“T2S” or “the Company”), a founder-owned provider of R&D, prototyping, engineering, integration, and technology products to mission critical programs for the U.S. Department of Defense (“DoD”), Intelligence Community (“IC”), and other U.S. Government Agencies. The T2S founders will retain a significant minority ownership position and will continue to lead the Company.

Madison Dearborn Partners (“MDP”), a leading private equity investment firm based in Chicago, is pleased to announce that Tim Sullivan and Tom Souleles have begun their tenure as Co-CEOs of MDP as of today. Sullivan and Souleles have served as Co-Presidents of MDP since May 2022 and succeed Paul Finnegan and Sam Mencoff as Co-CEOs. Finnegan and Mencoff co-founded MDP in 1992 and have served as Co-CEOs since 2007. As part of this leadership transition, Finnegan will assume the role of Chairman of MDP and Mencoff will serve as a Senior Advisor to the firm. John Canning, who led MDP until 2007 and subsequently served as Chairman, will transition to Chairman Emeritus.

Madison Dearborn Partners (“MDP”), a leading private equity investment firm based in Chicago, today announced that long-tenured executives Tim Sullivan and Tom Souleles have been named Co-Presidents. In their new roles, they will work closely with Co-CEOs Paul Finnegan and Sam Mencoff on all aspects of firm-wide operations. Sullivan and Souleles also will continue to serve as the Head and Co-Head, respectively, of MDP’s Health Care and Basic Industries teams.

Madison Dearborn Partners, LLC (“MDP”), a leading private equity firm based in Chicago, today announced that it has formed an executive partnership, which is branded MissionX, with former LGS Innovations (“LGS”) Chief Executive Officer Kevin Kelly and two other former LGS executives, Robert Gallegos and Chris McCall, who previously served as LGS’ Chief Operating Officer and Chief of Staff, respectively. MissionX and MDP’s Business & Government Software and Services team will pursue investments in differentiated technology companies focused on high-growth mission areas within the US national security marketplace, and will apply their expertise and resources to support and strengthen the companies with which they partner.