Madison Dearborn Partners
Company type | Privately held company |
---|---|
Industry | Private equity |
Founded | 1992 |
Headquarters | Chicago, Illinois, United States |
Products | Leveraged buyout |
Total assets | $23 billion[1] |
Number of employees | 50+ (2007) |
Website | http://www.mdcp.com/ |
Madison Dearborn Partners (MDP) is an American
History
Madison Dearborn Partners was founded in 1992 and is based in Chicago, Illinois. The founders, John A Canning Jr,
Madison Dearborn's chairman,
Investments
History of private equity and venture capital |
---|
Early history |
(origins of modern private equity) |
The 1980s |
(leveraged buyout boom) |
The 1990s |
(leveraged buyout and the venture capital bubble) |
The 2000s |
(dot-com bubble to the credit crunch) |
The 2010s |
(expansion) |
The 2020s |
(COVID-19 recession) |
In 1998, the firm bought
Between 2006 and 2007, Madison Dearborn completed
In 2007, the firm joined with
In 2014, a plan for MDP to sell Nuveen to
Bell Canada
In June 2007, Madison Dearborn,
Bondholders argued in the Superior Court of Quebec that the deal did not protect their interests.[22] While the court rejected the bondholder's arguments, the Quebec Court of Appeal sided with those opposed to the deal. In 2008, the Supreme Court of Canada overruled the Court of Appeal, allowing the deal to move forward.[23]
In December 2008, the deal collapsed after auditing firm KPMG determined that the transaction would create an insolvent entity.[24]
Investment funds
MDP invests through a series of private
Fund | Vintage Year |
Committed Capital |
---|---|---|
Madison Dearborn Capital Partners | 1993 | $550 million |
Fund II | 1997 | $925 million |
Fund III | 1999 | $2.2 billion |
Fund IV | 2000 | $4.1 billion |
Fund V | 2006 | $6.5 billion |
Fund VI | 2010 | $4.1 billion |
Fund VII | 2016 | $4.4 billion |
Fund VIII | 2021 | $5.0 billion |
Selected portfolio
References
- ^ Capital raised since inception in 1992
- ^ "Madison Dearborn | Sectors". Madison Dearborn Partners. Retrieved May 18, 2018.
- ^ "Madison Dearborn | About Overview". Madison Dearborn Partners. Retrieved May 21, 2018.
- ISSN 0362-4331. Retrieved July 23, 2022.
- ^ Is John Canning Jr. the next John Henry? Archived 2009-09-03 at the Wayback Machine (TheDeal.com, 2007)
- ^ Brewers stakeholder in the fan business[permanent dead link] (Milwaukee Journal Sentinel)
- ^ "One Toke Over The Line: University of Denver's Korbel School of International Studies To Grant George W. Bush an International Service Award: Part Four of an Open Series". View from the Left Bank: Rob Prince's Blog. July 22, 2013. Retrieved August 25, 2023.
- ^ Beltran, Luisa (August 2, 2015). "Which PE firm (or firms) is selling some of its Asurion stake?". PE Hub. Retrieved April 4, 2024.
- ISSN 0362-4331. Retrieved July 23, 2022.
- ^ "Madison Dearborn Buys into LA Fitness". Venture Capital Journal. May 21, 2007. Retrieved April 4, 2024.
- ISSN 0362-4331. Retrieved July 23, 2022.
- ^ Marek, Lynne (July 26, 2014). "A deal that went sideways". Crain's Chicago Business. Retrieved April 4, 2024.
- ^ Madison Dearborn part of winning $12.3B bid for Univision (Chicago Business News, Analysis & Articles, 2006)
- ^ "Madison Dearborn to buy VWR International". Reuters. August 9, 2007. Retrieved April 4, 2024.
- ISSN 0362-4331. Retrieved July 23, 2022.
- ISSN 0362-4331. Retrieved July 23, 2022.
- ^ Hoffman, Liz; Scism, Leslie (April 14, 2014). "TIAA-CREF to buy Nuveen Investments for $6.25 billion". MarketWatch. Retrieved July 23, 2022.
- ^ Salmon, Felix (April 14, 2014). "Private equity math, Nuveen edition". Reuters. Retrieved July 23, 2022.
- ^ Primack, Dan (April 14, 2014). "Madison Dearborn's patience pays off on Nuveen Investments". Fortune. Retrieved July 23, 2022.
- ^ Privatization of BCE
- ^ "BCE sets $33 billion buyout deal, one of Canada's biggest - Jun. 30, 2007". money.cnn.com. June 30, 2007. Retrieved April 4, 2024.
- ^ McFeat, Tom (May 22, 2008). "The BCE takeover". CBC. Retrieved April 4, 2024.
- ^ "BCE Finalizes Tumultuous Takeover". Forbes. July 4, 2008. Retrieved April 4, 2024.
- ^ Lattman, Peter (December 11, 2008). "BCE Leveraged Buyout Deal Collapses - WSJ". WSJ. Retrieved April 4, 2024.
- ^ Skelly, Keenan (May 4, 2010). "Press Release". The Wall Street Journal.
- ^ Madison Dearborn Partners Overview Archived 2002-06-04 at archive.today
- ^ Dusane, Ameya (May 16, 2019). "Madison Dearborn Partners Invests in InMoment's Customer Experience Management Platform". Martech Advisor. Retrieved March 8, 2021.