April 19, 2018

Cloud service provider RDX acquired by Madison Dearborn Partners

The acquisition seeks to accelerate RDX’s business by leveraging Madison’s capital, resources and expertise.

Tech giants

Private equity firm Madison Dearborn Partners (MDP) have acquired cloud service and remote database administration provider Remote DBA Experts (RDX). With this acquisition, Madison aims to grow RDX’s business by leveraging their resources, capital and expertise in the field.

According to MDP, organizations are seeking sophisticated methods to manage their database through cloud networks. They also believe that with AWS, Oracle and Azure being adopted by small, medium and large enterprises, organizations are also looking for solutions that will ease migration to these platforms.

Citing the reason to acquire RDX, Madison claimed that the former has an excellent track record when it comes to simplifying migration to hybrid cloud architectures. Speaking about the acquisition, Buddy Ferl, CEO of RDX, commented:

This is a very exciting time for RDX. 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.

Scott Pasquini, Managing Director at MDP is equally excited to work with the team at RDP. Speaking about the acquisition, he said:

The team have secured a leading position in the remote DBA market that is growing rapidly due to a continued increase in the sheer volume of data and the associated complexity customers face in managing their databases.

They have established a successful track record of helping customers with the migration and management of their databases and IT infrastructure in complex cloud environments.