10 Apr Larry Gies Named Lincoln Laureate
The honor is part of the Order of Lincoln, Illinois’ highest recognition for professional achievement and public service....
19 Mar 3M to create a leading fire and safety business; acquires Madison Fire & Rescue and combines with Scott Safety
3M (NYSE: MMM) announced today that it has entered into a definitive agreement to acquire Madison Fire & Rescue, in partnership with Bain Capital....
02 Feb Facet to Join Donaldson
Filtration Group is pleased to share that it has entered into a definitive agreement to sell Facet, a long‑standing innovator in aviation fuel filtration, to Donaldson Company, Inc. (NYSE: DCI), a global leader in technology‑led filtration products and solutions. The agreement values Facet at $820...
11 Nov Madison Industries Agrees to Sell Filtration Group to Parker-Hannifin for $9.25 Billion, Valuing the Innovator at More Than $10 Billion
Madison Industries today announced that it has entered into a definitive agreement to sell Filtration Group, an innovator in filtration and separation science, to Parker-Hannifin Corporation (NYSE:PH) for $9.25 billion....
07 May Indoor Air Innovation Leader Madison Air Acquires Research Products Corporation
Madison Industries, one of the world’s largest privately held companies, announced the successful acquisition of Research Products Corporation (RPC), a leader in innovative indoor air solutions for both residential and commercial environments....
14 Nov Virtual Reality Medical Simulation Pioneer, SimX, Joins Madison
Madison Industries continues to make the world safer, healthier and more productive with its acquisition of SimX, a pioneer in fully immersive VR medical simulation solutions for nurses, physicians, EMS, military personnel and other healthcare professionals....
15 May Elevate Healthcare Emerges as Healthcare Simulation Leader Following Acquisition and Rebranding
Sarasota, Florida - After the successful acquisition by Madison Industries in February, CAE Healthcare has announced that it has rebranded to Elevate Healthcare, effective immediately....
15 May Madison Industries Secures Spot as Chicago’s 14th Largest Private Company
Madison Industries has been ranked Chicago’s 14th largest private company and the largest private manufacturer by Crain’s Chicago Business....
16 Feb CAE Healthcare Joins Madison
Madison Industries, one of the world’s largest privately held companies, has acquired Montreal-based CAE Healthcare, a technology company that makes the world safer and more productive through cutting-edge medical simulation and training solutions....
16 Jan Dara Wright Joins Madison Industries to Lead Madison Medical
Madison Industries, one of the world’s largest privately held companies, announced today that it has named Dara Wright president and CEO of Madison Medical which includes diagnostics industry leaders Streck and Drucker Diagnostics....
24 Oct Madison names Jonathan M. Pratt to lead Filtration Group
Madison Industries, one of the world’s largest privately held companies, announced today that it has named Jonathan M. Pratt President and CEO of Filtration Group. As CEO, Pratt will partner with the Filtration Group team to establish a growth culture and drive operational excellence as...
12 Jul Andrew Masterman joins Madison Leadership Team
Madison Industries, one of the world’s largest privately held companies announced that Andrew Masterman has joined Madison Industries as a Senior Managing Director. Masterman will work with Madison leaders in building truly remarkable businesses that make the world safer, healthier and more productive....
25 Apr Having an Impact in the World and in the Classroom with Guest Lecturer Larry Gies
Recently, Madison Founder and CEO, Larry Gies, spoke to students in the Gies College of Business at the University of Illinois. This lecture marked his 30th year speaking to future leaders. The auditorium was packed with students from two classes; Entrepreneurial Finance and Entrepreneurship Through...
19 Apr Madison Industries Agrees to Acquire Nortek Air to Bolster Indoor Air Quality Offering
Madison Industries, one of the world’s largest privately held companies, announced today an agreement to acquire Nortek Air, a leader in providing critical air management, thermal and HVAC solutions. The deal adds strong Nortek brands such as Broan, NuTone, Reznor, StatePoint, Zephyr, Huntair and many...
10 Sep Purafil Delivers Northwestern University Athletics Air Filtration Solutions to Help Reduce Indoor Spread of Airborne Viruses
September 10, 2020 – Purafil, a global leader in air filtration systems working with K-12 school districts and large universities across North America, today announced the installation of multiple PuraShield™ Smart 1000 portable filtration systems for Northwestern University Athletics & Recreation. The PuraShield™ Smart 1000,...
25 Aug COVID-19 Is Transmitted Through Aerosols. We Have Enough Evidence, Now It Is Time to Act
In a recent Time Magazine article, it was stated "When it comes to COVID-19, the evidence overwhelmingly supports aerosol transmission, and there are no strong arguments against it. For example, contact tracing has found that much COVID-19 transmission occurs in close proximity, but that many...
03 May Task Force Tips CEO Innovates and Inspires
VALPARAISO, IN – (Northwest Indiana Business Quarterly) – For Stewart McMillan, CEO of Task Force Tips, the Valparaiso-based, worldwide distributor of firefighting equipment, innovation is a profitable passion that inspires, saves lives, and provides an all-American way to do business and serve the community....
08 Aug MAHLE sells Industrial Filtration to Filtration Group
Stuttgart – The MAHLE Group sells its industrial filtration activities to the filtration specialist Filtration Group Corporation, headquartered in Chicago/USA. Both parties have agreed not to disclose the purchase price for the transaction, which is subject to approval by the antitrust authorities. Overall, the MAHLE industrial...
29 Jul Republic Partners Advises IDEX Corporation on the Sale of its Insertion Valve Business, Hydra-Stop
Republic Partners, LLC is pleased to announce that it has advised IDEX Corporation (NYSE: IEX, www.idexcorp.com) on the sale of its subsidiary, Hydra-Stop, to Madison Industries. Hydra-Stop is a water maintenance business that manufactures highly engineered specialty valves, fittings and installation equipment serving water utility service...
15 Jun Crain’s Names Filtration Group a 2016 Fast Fifty Company
Chicago, IL – Madison Industries is pleased to announce that Filtration Group has been named a 2016 Fast Fifty Company by Crain’s Chicago Business. The Fast Fifty list highlights the fastest growing public and private companies in the Chicago area based on five-year revenue growth. Filtration Group ranked...
18 Apr Alex Joseph joins Madison Industries
Former Danaher Executive Highly Regarded for Leadership and Operations Expertise Chicago, IL – Madison Industries announced today the appointment of Alex Joseph as a Senior Managing Director. Prior to joining Madison, Mr. Joseph enjoyed a distinguished 30-year career at Danaher Corporation. Most recently, he held the...
01 Dec Kennametal Completes Sale of Non-Core Businesses
PITTSBURGH/PRNewswire/ — Kennametal Inc. (NYSE: KMT) announced today that it has completed the sale of several non-core businesses related to certain castings, steel-plate fabrication and deburring operations to Madison Industries. The sale is in alignment with the company’s previously announced portfolio simplification strategy and its...
03 Nov Madison Industries Expands Industrial Solutions Portfolio
Chicago , IL – Madison Industries is pleased to announce that it has signed a definitive agreement with Kennametal Inc. (NYSE: KMT) to acquire seven businesses including Extrude Hone, Tricon, Landis, the Biel, Switzerland business of Kennametal Infrastructure and the Koblenz, Germany and Milan and Bellusco, Italy...
14 Jul Filtration Group Acquires Purafil and Kaydon Custom Filtration
AB SKF (“SKF”) has sold Purafil, Inc. (“Purafil”) and Kaydon Custom Filtration Corporation (“Kaydon Custom Filtration”) to Filtration Group Corporation (“Filtration Group”), an affiliate of Madison Industries (“Madison”). The total consideration for Purafil and Kaydon Custom Filtration is a fixed payment of $90 million and...
14 Jul Ferry Industries – Next Phase Growth!
STOW, OH – (RotoWorld) – 2015 is a watershed year for Ferry Industries. The year started with the sale of Ferry Industries, Inc. to Madison Industries, a Chicago based holding company. Ferry is a leading producer of rotational molding machines with installations in nearly 60...
30 Jun SKF divests filtration businesses
Gothenburg, Sweden – SKF has completed the divestment of two filtration businesses, Purafil and Kaydon Custom Filtration, to Filtration Group Corporation, an affiliate of Madison Industries. Both Purafil and Kaydon Custom Filtration joined the SKF Group as part of the acquisition of Kaydon Corporation in...
24 Jan David Coghlan Joins Madison
We are very pleased to welcome David Coghlan to the Madison Team. David is currently President and Chief Executive Officer of NYSE-listed Watts Water Technologies, Inc.; a $1.5 billion public company focused on products and solutions for the safe and efficient use of water with...
15 Nov With Dell Now Private, President Exits
Dell’s president is leaving, the first senior executive to depart since the company changed ownership last month. Steve Felice, a 14-year veteran who was also Dell’s chief commercial officer, is the new chief executive at Filtration Group Corp., a Chicago maker of industrial equipment. Felice has been...
14 Nov Filtration Group Names Stephen J. Felice President and Chief Executive Officer
CHICAGO, Ill., – Filtration Group Corporation, a portfolio company of Madison Capital Partners, announced today that Stephen J. Felice has been appointed President and Chief Executive Officer effective January 6, 2014. Mr. Felice, 56, is currently President and Chief Commercial Officer of Dell, a leading...
11 Apr Madison Capital Partners Completes Merger and Rebranding of the New CoAdvantage
CHICAGO, IL–(Marketwire) – Madison Capital Partners, a Chicago-based investment firm, today announced the completion of the merger of CoAdvantage and Global Employment Solutions PEO. The two companies were acquired by Madison Capital Partners in 2010 and are now officially operating as one company. The combined CoAdvantage,...
31 Mar Madison Capital Partners, a Chicago based investment firm, today announced its investment in Global Filter.
Madison Capital Partners, a Chicago based investment firm, today announced its investment in Global Filter. Global Filter has a world-renowned reputation as a nimble, customer-driven filtration solutions provider. With the backing of a strong financial partner, Global Filter will continue to build on its industry-leading responsiveness...
22 Jul Global Employment Solutions Sells Global PEO to Madison Capital Partners and Acquires firstPRO Traditional Services
LITTLETON, CO–(Marketwire) – Effective July 15, 2010, Global Employment Solutions closed a transaction to sell Global Employment Solutions PEO, its nationally recognized Professional Employer Organization (PEO), to Madison Capital Partners. Global PEO is one of the largest Professional Employer Organizations (PEOs) in the country. “Global...