BC Partners, an international investment firm, signed a definitive agreement to acquire a majority stake in Madison Logic, an ABM platform, from Clarion Capital Partners.
Madison Logic’s CEO Tom O’Regan and Co-founders Vin Turk and Erik Matlick, along with Clarion, will maintain ownership stakes in Madison Logic and continue to support the business in partnership with BC Partners.
“Madison Logic embodies the key themes that we look for at BC Partners and within the technology sector: It is an industry leader in a secularly growing market with multiple avenues for growth and a strong management team,” said Raymond Svider, Chairman of BC Partners, in a statement. “The business is the ideal platform to invest in this attractive segment of the market and, consistent with our ‘owner-operator’ mindset, we are excited to partner with Tom O’Regan, Vin Turk and their team in this next phase of the journey to execute their strategy and support them in further developing their technology and services offerings.”
