Madison Dearborn agrees to take Marygold private for $2 per share

Madison Dearborn Partners agreed to acquire The Marygold Companies ($MGLD) for $2 per share in cash. The price represents a 100% premium to the preceding closing share price. Marygold’s board unanimously approved the transaction, and holders representing approximately 75% of outstanding shares have committed to support it, giving the proposal substantial shareholder backing.

The acquisition centers on USCF, Marygold’s approximately $6 billion investment-management platform. Madison Dearborn intends to work with incoming chief executive Tim Rotolo and USCF’s management on the company’s previously announced strategy to refocus on that business. Completion is expected in the first half of 2027 or earlier, subject to regulatory approvals and other closing conditions. Marygold would become privately owned only after the transaction closes.

Sources:

• Madison Dearborn Partners — Marygold acquisition, Business Wire release