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
Location
California, United States
Transaction Type
Growth capital

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.