Madison Dearborn Partners completed the acquisition of Benefytt Technologies by buying back all outstanding shares for $31.00 per paper. Benefytt is now a private company, mainly owned by MDP, and its shares are no longer traded on Nasdaq.

Benefytt Technologies will be acquired by Madison Dearborn Partners at $31.00 per share. Upon completion of the transaction, Benefytt will become a private company, mainly owned by MDP Funds, and will no longer trade on Nasdaq. The Benefytt team, including Chief Executive Officer Gavin Southwell, will continue to manage the company. The deal is expected to b...