Remote DBA Experts, LLC has been acquired by Madison Dearborn Partners. RDX's management team, led by CEO Buddy Flerl, continues to retain a significant ownership stake in the newly recapitalized company. Financial terms of the transaction were not disclosed.
This is a very exciting time for RDX, said Buddy Flerl. The MDP team has a unique appreciation of our business and will be an invaluable partner in helping capture the numerous growth opportunities available to us. MDP brings to bear the perfect mix of capital, resources and expertise to take our company to the next level as we continue to help our customers with their database infrastructure and cloud managed services needs.
Through a workforce of over 200 employees, RDX provides secure 24x7, 100% U.S.-based managed services to hundreds of clients across a wide range of database environments, including Oracle, SQL Server, MySQL, PostgreSQL, DB2, and MongoDB. RDX also provides cloud migration and management services for Microsoft Azure, Amazon AWS, and Oracle DB Cloud environments, helping customers fully leverage the benefits of hybrid cloud architectures.
RDX has helped hundreds of enterprises manage, optimize, secure and scale their critical data systems without compromising security, standards or control. From initial system design and implementation to ongoing support and strategic planning, RDX provides fast, scalable, fully- managed services aligned to every business' individual needs.
Buddy and his team have secured a leading position in the remote DBA market that is growing rapidly due to a continued increase in the sheer volume of data and the associated complexity customers face in managing their databases, said Scott Pasquini, Managing Director at MDP. They have established a successful track record of helping customers with the migration and management of their databases and IT infrastructure in complex cloud environments.
MDP sees a number of opportunities to grow RDX's business into adjacent managed services offerings, both organically and through strategic transactions, said Zaid Alsikafi, Managing Director at MDP and cohead of the firm's Telecom, Media & Technology Services team. We look forward to...