Madison Dearborn to sell Sage Products for $2.775 bln

By Luisa Beltran — 2 weeks ago

Stryker Corp has agreed to buy Sage Products, a portfolio company of Madison Dearborn Partners, for $2.775 billion. Cary, Illinois-based Sage develops products used to prevent hospital-acquired conditions. Barclays advised Sage with Kirkland & Ellis LLP and Madden, Jiganti, Moore & Sinars LLP providing the company with legal counsel. JP Morgan is serving as Stryker’s exclusive financial advisor while Sullivan & Cromwell LLP was their lawyer.

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Fleet Complete buys ITmobile

By Luisa Beltran — 1 month ago

Fleet Complete, a portfolio company of Madison Dearborn Partners, said Thursday it acquired ITmobile. Financial terms weren’t announced. ITmobile, of Toronto, Ontario, Canada, provides fleet telematics and mobile workforce technology.

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PE-backed MPS goes public

By Iris Dorbian — 4 months ago

New York City-based Multi Packaging Solutions International Limited, a provider of value-added packaging services, has raised about $215 million for its IPO after pricing its stock at $13 per share. The stock began trading Thursday on the New York Stock Exchange under the ticker symbol “MPSX.” BofA Merrill Lynch and Barclays were the lead underwriters. MPS is backed by The Carlyle Group and Madison Dearborn Partners.

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Madison Dearborn to sell Aderant for $675 mln

By Luisa Beltran — 4 months ago

Roper Technologies said Thursday that it has agreed to buy Aderant Holdings Inc. in a deal valued at $675 million. Madison Dearborn Partners was the seller. Atlanta-based Aderant provides business management software for legal and other professional services firms. Lazard advised Madison Dearborn.

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VISANOW hires former Madison Dearborn exec as CFO

By Iris Dorbian — 6 months ago

Chicago-based VISANOW, a provider of online immigration services in the U.S., has named Brittany Smith as chief financial officer. Previously, Smith worked at Madison Dearborn Partners where she served as a director in the technology, media and telecom services group.

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Madison Dearborn to acquire Patterson Medical for about $715 mln

By Iris Dorbian — 8 months ago

Madison Dearborn Partners has agreed to buy Patterson Companies Inc‘s medical business Patterson Medical for about $715 million in cash. The transaction is expected to be completed in the fiscal second quarter. BofA Merrill Lynch served as financial advisor to Patterson Companies while Barclays and Deutsche Bank advised MDP.

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Madison Dearborn invests in Liquid Web

By Iris Dorbian — 9 months ago

Madison Dearborn Partners has made a “substantial” investment in Liquid Web. No financial terms were disclosed. Based in Lansing, Michigan, Liquid Web is a provider of professional web hosting and managed cloud solutions.

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Quickplay nets C$57 mln

By Iris Dorbian — 11 months ago

Toronto-based Quickplay, which powers premium video to any device, has raised C$57 million in funding. The investors were Madison Dearborn Partners (which owns Quickplay), Orix Ventures and DIfference Capital Financial.

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Madison Dearborn Partners to exit Ikaria in $2.3 bln deal

By Luisa Beltran — 12 months ago

Mallinckrodt plc said Thursday that it has agreed to buy Ikaria Inc. in a deal valued at $2.3 billion. Madison Dearborn Partners, which acquired a majority of Ikaria in January 2014, and New Mountain Capital are selling. Hampton, New Jersey-based Ikaria is a critical care company. Goldman Sachs advised Mallinckrodt.

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