Madison Dearborn Buys Cloud Business App Provider Intermedia

Private equity firm Madison Dearborn Partners has bought cloud business applications provider, Intermedia, from Oak Hill Capital Partners for an undisclosed amount. This deal will help accelerate Intermedia’s rapid growth trajectory through increased investment in the company’s channel partner programs, Worry-Free support experience, new and existing products, vertical industry solutions and additional acquisitions.

Amount (USD) Seller Buyer(s) Region Categories
amount n/a