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Madison Dearborn partners acquires leading database infrastructure and cloud managed services provider RDX
Tuesday, 23 January 2018
Remote DBA Experts, LLC (“RDX” or the “Company”), a leading provider of remote database administration (“DBA”) and cloud managed services, announced today that it has been acquired by Madison Dearborn Partners (“MDP”), a leading private equity firm based in Chicago. RDX’s management team, led by CEO Buddy Flerl, continues to retain a significant ownership stake in the newly recapitalized company. Financial terms of the transaction were not disclosed.
“This is a very exciting time for RDX,” said Buddy Flerl. “The MDP team has a unique appreciation of our business and will be an invaluable partner in helping capture the numerous growth opportunities available to us. MDP brings to bear the perfect mix of capital, resources and expertise to take our company to the next level as we continue to help our customers with their database infrastructure and cloud managed services needs.”