BlueCat Networks (“BlueCat” or “the company”), a leading provider of Enterprise DNS, announced today it has agreed to be acquired by Madison Dearborn Partners (“MDP”), a leading private equity firm based in Chicago. Upon completion of the transaction, BlueCat’s management team will remain in place and retain a significant equity ownership position in the company.
“This is an incredibly exciting time for BlueCat,” said Michael Harris, CEO of BlueCat, “We have prioritized the needs of enterprise customers by taking a uniquely software-centric approach to our delivery model, and that strategy has propelled BlueCat to the forefront of the industry." “We are thrilled to be partnering with MDP as we embark on our next growth chapter,” said Michael Hyatt, BlueCat’s Co-founder, who is also retaining an equity ownership interest in the company. “BlueCat has established itself as an integral partner to many of the world’s leading companies ... In addition, we would like to thank our investors Trident Capital and Northleaf Capital Partners for believing in our vision and for their unwavering support and assistance in growing the company. They have been excellent partners.”