Madison Dearborn Partners has agreed to acquire holding firm The Marygold Companies in an all-cash transaction valuing the company at $2.00 per share, a 100% premium over its closing price on September 24, 2026. Upon completion, Marygold will become privately held and cease trading on the New York Stock Exchange. After the close, Madison Dearborn and incoming leadership plan to execute Marygold's previously announced transformation strategy, refocusing the core business entirely on its wholly-owned subsidiary USCF, a commodity-focused ETF manager overseeing approximately $6B in assets under management across crude oil, natural gas, copper, broad commodity indices, and equity income strategies. ETF industry veteran Tim Rotolo will become Chief Executive Officer of Marygold, succeeding outgoing President, CEO, and Chairman Nicholas Gerber. The Marygold Board of Directors has unanimously approved the deal, and key shareholders including Nicholas Gerber, who holds approximately 75% of Marygold's outstanding voting shares, have signed voting and support agreements in favor of the merger, which is expected to close in the first half of 2027 or earlier.
Marygold Companies IncMadison Dearborn agreed to acquire Marygold in an all-cash deal at $2.00/share, a 100% premium, taking it private.
