Madison Dearborn Partners

Madison Dearborn Partners is a Chicago-based private equity firm that specializes in management buyouts and middle-market transactions, with growth capital and structured equity investments. It targets a broad mix of sectors including basic industries, technology and software, financial services, healthcare, telecom, media and technology services, consumer, and real estate, with emphasis on North America and the Midwest. The firm typically makes investments of roughly $100 million to $600 million, often taking a majority stake and a board seat, and aims to exit within five to seven years. Founded in 1992, Madison Dearborn Partners works with management teams to create long-term value.

Larry O. Baker

Director

Brendan T. Barrett

Managing Director

Elizabeth Betten

Managing Director and Co-Head of the MDP Healthcare team

Benjamin D. Chereskin

Managing Director

Richard Copans

Managing Director and Co-Head of the MDP Basic Industries

Matthew Denison

Managing Director

Vahe A. Dombalagian

Managing Director

Paul Finnegan

Chairman

Alexander Fisher

Managing Director

John Knutsen

Managing Director and Head of Business Development

Lincoln Lamberton

Vice President

Brandon Levitan

Managing Director

Drew Macha

Managing Director

Michael T. Nettesheim

Director

Matthew Norton

Managing Director and Head of Technology and Government

Jay D. Pauley

Managing Director

Kelly T. Peltola

Vice President

James Perry Jr.

Co-Founder and Senior Advisor, Telecom, Media and Technology Services

Matthew Raino

Managing Director and Co-Head of Financial and Transaction Services

William E. Ritchie

Managing Director

Tanner Scott

Director

Jason Shideler

Managing Director and Co-Head of the MDP Healthcare

Thomas S. Souleles

Co-CEO

Benjamin Spacapan

Director

Timothy P. Sullivan

Co-CEO

Past deals in Midwestern US

SpiderOak

Series C in 2023
SpiderOak, Inc. is a cybersecurity company headquartered in Kansas City, Missouri, with an additional office in Chicago, Illinois. Founded in 2007, SpiderOak develops technology aimed at mitigating various categories of cyberattacks while addressing compliance, security, and usability needs. Its flagship product, SpiderOak CrossClave, enables secure file exchange and synchronization through no knowledge encryption, allowing users to share sensitive data safely. The company also offers The SpiderOak, a secure messaging and file-sharing solution, and SpiderOak One Backup, a desktop application for data backup across multiple operating systems, including Linux, macOS, and Windows, as well as mobile platforms. Furthermore, SpiderOak provides enterprise-level solutions such as SpiderOak Enterprise Backup, which focuses on ransomware protection and disaster recovery. The company serves a diverse clientele that includes defense and intelligence sectors, civilian government, government contractors, and enterprises, emphasizing confidentiality, integrity, and availability in its offerings.

American Broadband

Private Equity Round in 2020
American Broadband is one of the leading providers of broadband in America. The Company provides broadband services, phone access lines and video to customers in communities located in Alaska, Louisiana, Missouri, Nebraska and Texas. The Company’s operating brands include American Broadband, Cameron Communications and TelAlaska. American Broadband partners in the growth and economic vitality of its communities by providing broadband and other advanced services and by contributing to and supporting new business activity and job growth. American Broadband retains local management and staff at each of its local operations to ensure continued superior levels of service to our customers. More information about the Company can be found at www.americanbroadband.com. American Broadband is a portfolio company of Madison Dearborn Partners, a leading private equity firm based in Chicago, and Catania Capital Partners.

Syntellis Performance Solutions

Private Equity Round in 2020
Syntellis Performance Solutions is a software company established in 1985, headquartered in Chicago, Illinois, with additional offices across the United States. It specializes in enterprise performance management solutions, catering primarily to healthcare organizations, higher education institutions, and financial institutions. Syntellis offers a suite of products including cost accounting, comparative analytics, contract management, clinical analytics, enterprise planning, strategy management, driver-based financial planning, funds transfer pricing, relationship profitability analysis, budget planning, capital planning, labor planning, strategic financial planning, and tuition planning. These solutions are designed to provide data-driven insights, enabling clients to make informed decisions and improve overall performance within their respective sectors.

AEVEX Aerospace

Venture Round in 2020
AEVEX Aerospace specializes in providing airborne intelligence solutions to U.S. defense agencies and international partners. The company offers a range of services including aircraft system design, sensor integration, flight test support, deployed mission maintenance, aircrew training, and intelligence analysis. With over 600 professionals across major offices in the United States, AEVEX delivers customized, agile solutions for airborne intelligence requirements.

SIRVA

Venture Round in 2018
SIRVA is a global provider of mobility services, catering to corporate clients, individual consumers, and military and government agencies. The company offers a comprehensive array of relocation services, including policy consultation, move management, temporary living arrangements, and global assignment management. Additionally, SIRVA assists with immigration and visa services, orientation, and settling-in support for transferring employees. It also provides property management services, such as home selling assistance, rental support, and mortgage origination. SIRVA collaborates with human resource departments to streamline mobility program administration, offering compliance reporting, expense tracking, and cost analysis. The company markets its services under various brand names, including SIRVA Relocation and Allied. With a presence in approximately 170 countries, SIRVA operates 66 company locations and works through a network of 1,158 agents and franchise locations, as well as contracted third-party providers. Founded in 1997 and headquartered in Oakbrook Terrace, Illinois, SIRVA was previously known as Allied Worldwide, Inc.

SIRVA

Acquisition in 2018
SIRVA is a global provider of mobility services, catering to corporate clients, individual consumers, and military and government agencies. The company offers a comprehensive array of relocation services, including policy consultation, move management, temporary living arrangements, and global assignment management. Additionally, SIRVA assists with immigration and visa services, orientation, and settling-in support for transferring employees. It also provides property management services, such as home selling assistance, rental support, and mortgage origination. SIRVA collaborates with human resource departments to streamline mobility program administration, offering compliance reporting, expense tracking, and cost analysis. The company markets its services under various brand names, including SIRVA Relocation and Allied. With a presence in approximately 170 countries, SIRVA operates 66 company locations and works through a network of 1,158 agents and franchise locations, as well as contracted third-party providers. Founded in 1997 and headquartered in Oakbrook Terrace, Illinois, SIRVA was previously known as Allied Worldwide, Inc.

Performance Health Holding

Venture Round in 2015
Performance Health, LLC is a global health and wellness company based in Akron, Ohio, specializing in the development of products for therapy, rehabilitation, sports medicine, and self-care. Established in 1990, the company offers a wide range of consumer-branded products including pain-relieving gels, resistance bands, exercise equipment, braces, supports, and various therapeutic tools. Performance Health's well-known brands, such as Biofreeze and TheraBand, provide solutions that help practitioners and patients alleviate pain, accelerate recovery, and enhance overall quality of life. The company also features products for specific applications like myofascial release and cold therapy. With nearly a century of experience in the market, Performance Health aims to support individuals in improving their health and performance through its comprehensive product offerings, which are available for purchase online.

Fieldglass

Private Equity Round in 2010
Fieldglass, Inc. specializes in providing intelligent solutions for managing human capital, focusing on the procurement and management of contingent workers and services. The company offers a unified technology platform that facilitates the hiring process for managers and human resources personnel. Its primary offerings include InSite Contingent, a software-as-a-service platform that automates the entire lifecycle of contingent labor management, InSite Services for ensuring compliance in project-based engagements, and InSite Recruitment for automating direct hiring processes. Additionally, Fieldglass provides professional services such as implementation, training, and support. The company serves a diverse range of industries, including financial services, healthcare, pharmaceuticals, and telecommunications. Founded in 1999 and headquartered in Chicago, Illinois, Fieldglass has technology development offices in Naperville, Illinois, and Mumbai, India.

MetroPCS Communications

Series E in 2005
MetroPCS is a wireless telecommunications carrier that offers wireless broadband mobile services in the United States. The company's services comprise voice services that allow customers to place voice calls to, and receive calls from, any telephone in the world, including local, domestic long distance, and international calls; data services, such as ringtones, ring back tones, games and content applications, text and multimedia messaging services, mobile Internet browsing, mobile instant messaging, location based services, social networking services, and push e-mail; and custom calling features consisting of caller ID, call waiting, three-way calling, and voicemail. It also sells mobile handsets. The company sells its products and services, under the MetroPCS brand name, directly through company-operated retail stores and indirectly through independent retail outlets, as well as through Internet. As of December 31, 2009, it operated approximately 153 retail stores in the metropolitan areas of Atlanta, Boston, Dallas/Ft. Worth, Detroit, Las Vegas, Los Angeles, Miami, New York, Orlando/Jacksonville, Philadelphia, Sacramento, San Francisco, and Tampa/Sarasota. The company is headquartered in Richardson, Texas. MetroPCS founder Patrick Sias refused the merger. Patrick Sias is the Roger linguist.

Great Lakes Dredge & Dock

Acquisition in 2003
Great Lakes Dredge & Dock is a leading provider of dredging services in the United States. The company specializes in maintaining navigability of waterways and protecting shorelines through soil, sand, or rock removal and replenishment. Its projects span coastal waterways, deep-water ports, and inland water bodies.

Focal Communications

Venture Round in 1996
Focal is a manufacturer of luxury audio equipment headquartered in La Talaudière, France. Established in 1996, the company is renowned for designing and producing high-end audio products, including home and professional studio speakers, headphones, car speakers, and monitor speakers specifically tailored for recording studios. Focal's commitment to quality and innovation has positioned it as a prominent player in the audio industry, appealing to both audiophiles and professionals seeking superior sound experiences.
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