Madison Dearborn Partners Acquires Significant Ownership Position in NextGen Healthcare
May 2, 2025
Madison Dearborn Partners (MDP) has acquired a significant ownership position in NextGen Healthcare, partnering with existing investor Thoma Bravo and NextGen management to accelerate the company's growth and increase R&D investment. Thoma Bravo retains a material ownership stake; NextGen will also implement a planned CEO succession with President & COO Srinivas (Sri) Velamoor succeeding David Sides.
- Buyers
- Madison Dearborn Partners
- Targets
- NextGen Healthcare, Inc.
- Sellers
- Thoma Bravo
- Industry
- Healthcare Services
- Location
- California, United States
- Transaction Type
- Growth capital
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