Madison Dearborn invested in Lightspeed Systems.

Madison Dearborn Partners, a leading private equity firm made strategic growth investment in leading education technology solutions provider Lightspeed Systems. Financial terms were not disclosed. Together with MDP, they will seek to extend Lightspeed’s market leadership position and further penetrate the growing domestic and international K-12 web filtering and reporting, mobile device management and classroom management market in support of the Lightspeed’s mission to enhance student safety and maximize the benefits of education technology. “MDP’s education technology resource network and extensive experience supporting high-growth technology companies and organizations that utilize distributed sales channels make them an ideal partner for Lightspeed. Looking ahead, the entire Lightspeed team is excited to play an ongoing critical role in the education technology revolution and continue providing our customers with powerful solutions that keep school devices and students safe, well managed and mobile. We’re excited about the opportunities this new partnership will create for Lightspeed to the benefit of our employees, our existing partners, and our customers around the world.” Brian Thomas, Lightspeed’s Co-Founder, President and CEO.