Key Takeaways
- • Madison Dearborn Partners (MDP), a Chicago-based private equity firm with $20.7 billion in assets under management, has entered into a definitive agreement to acquire The Marygold Companies (NYSE: MGLD) in an all-cash transaction valued at $2.00 per share.
- • The acquisition price represents a 100% premium over Marygold's closing share price on September 24, 2026, valuing the total transaction at $85.5 million.
- • Upon deal completion, Marygold will be delisted from the New York Stock Exchange and transition to private ownership, ending its public market status.
- • Marygold operates a diversified portfolio spanning financial services (including approximately $6 billion in assets under management through USCF), food manufacturing, printing, and beauty products, which MDP intends to position USCF as the centerpiece of its future strategy.
- • Holland & Hart LLP served as legal advisor to Marygold in the transaction, which was announced on September 25, 2026.
Summary
Madison Dearborn Partners announced on September 25, 2026, that it has signed a definitive agreement to acquire The Marygold Companies, a publicly traded holding company listed on the New York Stock Exchange under the ticker MGLD. The all-cash transaction values each outstanding share at $2.00, representing a complete 100% premium to Marygold's closing price on the prior trading day and a total enterprise value of $85.5 million.
MDP is a leading private equity investment firm headquartered in Chicago with approximately $20.7 billion in assets under management. The firm invests across financial services, healthcare, technology, and government sectors. This acquisition adds to the robust M&A activity currently characterizing the alternative assets industry.
Marygold operates as a diversified holding company with business interests spanning multiple sectors. The company's portfolio includes approximately $6 billion in assets under management through USCF within its financial services division, alongside operations in food manufacturing, printing, and beauty products. According to transaction details, MDP's strategy positions USCF as the centerpiece of its future operations following the acquisition's completion.
The transaction is structured as an all-cash deal, eliminating equity financing risk and providing Marygold shareholders with immediate liquidity at a substantial premium. Holland & Hart LLP provided legal counsel to Marygold throughout the negotiation process. Upon closing, Marygold will transition from public to private ownership, triggering delisting from the New York Stock Exchange and ending its status as a publicly traded entity.
MDP is a leading private equity investment firm headquartered in Chicago with approximately $20.7 billion in assets under management. The firm invests across financial services, healthcare, technology, and government sectors. This acquisition adds to the robust M&A activity currently characterizing the alternative assets industry.
Marygold operates as a diversified holding company with business interests spanning multiple sectors. The company's portfolio includes approximately $6 billion in assets under management through USCF within its financial services division, alongside operations in food manufacturing, printing, and beauty products. According to transaction details, MDP's strategy positions USCF as the centerpiece of its future operations following the acquisition's completion.
The transaction is structured as an all-cash deal, eliminating equity financing risk and providing Marygold shareholders with immediate liquidity at a substantial premium. Holland & Hart LLP provided legal counsel to Marygold throughout the negotiation process. Upon closing, Marygold will transition from public to private ownership, triggering delisting from the New York Stock Exchange and ending its status as a publicly traded entity.
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