Business & Government Software and Services

We partner with entrepreneurs and executives of technology-enabled services companies, serving a broad array of industries.

For nearly three decades, MDP has invested in businesses that provide outsourced services to the commercial and government sectors.

Business Services

Outsourced business services, including:

  • Software-as-a-service (“SaaS”)
  • Licensed software
  • Cybersecurity software and services
  • HR/benefits/talent management technology
  • Data services
  • BPO and IT outsourcing
  • Education technology and services
  • Industrial Technology and IoT
  • Insurance Technology
  • Other industry vertically focused technology

Government Services

Outsourced government services, including:

  • Cybersecurity
  • Intelligence services
  • Operational support services
  • Systems engineering & integration
  • Consulting & program management
  • Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (“C4ISR”)
  • Aerospace and defense
"MDP invested in growth by more than doubling our company’s headcount during their ownership and by using their global network and resources to help us expand into international markets."
Jai Shekhawat, Founder and former Chief Executive Officer, Fieldglass
Jai Shekhawat, Founder and former Chief Executive Officer, Fieldglass

Collaborative Partnerships

A long history of backing strong management teams to grow, professionalize and transform their businesses.

Flexible Partnership-Oriented Approach

The BGSS team partners with talented management teams to help grow and scale their businesses through both majority and minority investments. Many of our partnerships are with founder-led companies, and all of our investments are completed in collaboration with existing management.

MDP targets market-leading companies with attractive growth dynamics, recurring revenue streams, operating leverage and high free cash flow generation potential. Many of these businesses possess one or more of the following attributes:

  • Proprietary technology or intellectual property
  • Unique business processes
  • Strong recurring revenue growth
  • High margins and free cash flow
  • Exceptional management team
  • Scale which provides a differentiated cost position

Sector Senior Team

Select Deals

Aderant Holdings
Provider of enterprise software solutions to law firms
Sector: Business & Government Software and Services
Deal Type: Buyout
Status: Exited
AEVEX Aerospace
Full lifecycle airborne intelligence, surveillance and reconnaissance (”AISR”)
Sector: Business & Government Software and Services
Deal Type: Buyout
Status: Current
BlueCat Networks
Software-based Enterprise Domain Name System solutions
Sector: Business & Government Software and Services
Deal Type: Growth Equity
Status: Current
Carnegie Learning
Leading provider of K-12 adaptive personalized learning and coaching software, assessments, curriculum, and professional learning solutions
Sector: Business & Government Software and Services
Deal Type: Growth Equity
Status: Current
Fieldglass
Temporary labor procurement solutions
Sector: Business & Government Software and Services
Deal Type: Growth Equity
Status: Exited
Fleet Complete
Provider of fleet, asset, and mobile workforce management solutions through a SaaS platform
Sector: Business & Government Software and Services
Deal Type: Growth Equity
Status: Current
Kaufman, Hall & Associates
Provider of healthcare management consulting services
Sector: Business & Government Software and Services, Health Care
Deal Type: Buyout
Status: Current
LGS Innovations
Provider of secure networking and communications technologies
Sector: Business & Government Software and Services
Deal Type: Buyout
Status: Exited
Lightspeed Systems
Leading provider of K-12 safety software, including web filtering & reporting, mobile device management, and classroom management solutions
Sector: Business & Government Software and Services
Deal Type: Growth Equity
Status: Current
LinQuest Corporation
Space systems and C4ISR technology solutions
Sector: Business & Government Software and Services
Deal Type: Buyout
Status: Current

Industry Advisory Group

The above companies do not represent all of the investments in MDP’s complete portfolio and have been selected using objective, non-performance based criteria. You should not assume that the investments listed were, or will be, profitable. Please note that the members of the Advisory Roundtable are not employees, officers or affiliates of MDP.