Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Who is Madison Dearborn Partners? Not Rated 3.4 Email Routing List Email & Route  Print Print
Wednesday, June 20, 2007

Who is Madison Dearborn Partners?

Reported by Erin Kello

Madison Dearborn Partners, LLC the new owner of Nuveen Investments may not be a familiar name to many in the mutual fund industry. So who are they?

Founded in 1992 by alumns of First Chicago, MDP is a Chicago-based $14 billion private equity firm that specializes in management buyout and other private equity transactions across a broad spectrum of industries. Earlier this year it closed on a $6.5 billion fund.

Its portfolio includes stakes in: CapitalSource Inc., Eldorado Bancshares, HomeSide, Pax Holding Corporation, PayPal and PeopleFirst.

The Nuveen deal is one of two MDP is involved in today; It is also one of four private equity firms involved $5.03 billion buyout of satellite operator Intelsat Ltd.

On May 29, MDP bought out CDW Corporation, a provider of technology products and services to business, government and education customers, in a deal valued at approximately $7.3 billion.

Timothy Hurd
Madison Dearborn Partners
Managing Director
According to MDP's website, the company's MO is to invest in companies and in partnership with "outstanding management teams" to achieve significant long-term appreciation in equity value.

MDP generally seeks to invest $100 million to $600 million of equity capital in a single transaction.

When shopping for financial services companies, MDP looks for the following characteristics;

* Barriers to entry and inherent franchise value emanating from unique distribution capabilities, servicing capabilities, or industry-specific knowledge;
* Outstanding management;
* Aggressive utilization of technology;
* Favorable industry or demographic trends; and
* Conservative accounting and financing policies.

Recent acquisitions by MDP are -- CDW Corp., a computer retailer, in a deal that was announced at the end of May and VWR International, a laboratory supply company, in a deal that was announced in the beginning of May.

A representative for MDP was not immediately able to comment on the Nuveen deal.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

3.4
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use