Madison Dearborn Partners Takes Significant Ownership Position in NextGen Healthcare

Thoma Bravo Acquires NextGen Healthcare

November 10, 2023

Cloud & SaaS

Thoma Bravo, a leading software-focused private equity firm, has completed the acquisition of NextGen Healthcare, Inc. for $1.8 billion, taking the company private at $23.95 per share. The transaction (previously announced Sept. 6, 2023) will delist NextGen from Nasdaq and aims to accelerate product innovation and growth across NextGen's cloud-based ambulatory healthcare technology offerings.

Madison Dearborn Partners Makes Strategic Investment in Omni Federal

June 28, 2024

Government & Public Sector

Madison Dearborn Partners (MDP) has made a strategic growth investment in Omni Federal, a founder-led provider of mission and enterprise software for the U.S. Department of Defense and the Intelligence Community. Omni's management will retain a significant ownership stake as MDP partners with the company to scale operations, expand capabilities, and pursue inorganic growth opportunities.

Madison Dearborn Partners Increases Equity Stake in Amynta Group

March 10, 2022

Insurance

Funds affiliated with Madison Dearborn Partners (MDP) acquired all equity interests in Amynta Group previously held by AmTrust Financial Services, increasing MDP’s majority ownership while Amynta’s management retains a minority stake. The transaction strengthens MDP’s partnership with Amynta to support continued growth of the underwriting services and warranty business; existing commercial arrangements between Amynta and AmTrust will remain in place.

TPG to Acquire Nextech from Thomas H. Lee Partners

July 19, 2023

Healthcare Services

TPG (through its TPG Capital platform) has signed a definitive agreement to acquire Nextech, a provider of clinical and administrative healthcare technology and EMR software for specialty physician practices, from Thomas H. Lee Partners for $1.4 billion. The deal, expected to close in Q3 2023 subject to regulatory review, will allow TPG to expand its healthcare IT / SaaS portfolio and grow Nextech's platform and capabilities.

Madison Dearborn Partners Acquires Benefytt Technologies

August 21, 2020

Healthcare Services

Funds affiliated with Madison Dearborn Partners completed the acquisition of Benefytt Technologies in an all-cash tender offer at $31.00 per share, taking the company private. Benefytt will remain headquartered in Tampa, Florida with Gavin Southwell continuing as CEO, and Madison Dearborn plans to build on the company's technology-driven Medicare marketplace and expand its product offerings.

Madison Dearborn Partners Acquires T2S Solutions

November 29, 2023

Aerospace & Defense

Funds affiliated with Madison Dearborn Partners have acquired T2S Solutions, a founder-owned provider of R&D, prototyping, engineering, integration, and technology products serving the U.S. Department of Defense, the Intelligence Community, and other U.S. government agencies. The T2S founders will retain a significant minority stake and continue to lead the company as MDP provides capital and industry expertise to accelerate R&D, bring products to lead production, and expand mission-focused capabilities.