Marygold Companies enters agreement to go private in deal with Madison Dearborn
The Marygold Companies, Inc. has agreed to be acquired and taken private by private equity firm Madison Dearborn Partners in a deal involving an all-cash transaction, as reported in a recent SEC filing. The transaction, expected to occur in the first half of 2027 or earlier, is contingent upon various approvals and may not materialize at all.
Marygold Companies, the sole shareholder of USCF Investments, Inc., stands to become a privately held entity with its common stock delisted from the New York Stock Exchange following the closure of the deal. Madison Dearborn Partners and Marygold Companies' leadership plan to implement a previously announced strategy to refocus USCF's business post-acquisition.
The transaction has been facilitated by USCI, a fund that has demonstrated strong performance, with a 41% year-to-date return and nearly 40% gain over the past year, trading near its 52-week high of $111.86, currently priced at $109.56. Investors utilizing InvestingPro have access to additional tips regarding the fund's financial health and market positioning.
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