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Announced

Madison Dearborn Partners and CoVant acquire LinQuest Corporation

Synopsis

Madison Dearborn Partners, a leading private equity investment firm in the United States, and CoVant, a Virginia-based private equity firm, acquire LinQuest Corporation, a provider of technical solutions to the U.S. government and commercial industry. Financial terms were not disclosed. LinQuest management will retain a significant minority ownership position in and will continue to lead the Company. "LinQuest is a unique, differentiated technology company serving critical national security programs in the growing space market," said Matt Norton, a Managing Director on MDP's Business & Government Software & Services team.

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