...investment funds affiliated with Madison Dearborn Partners LLC. Madison Dearborn, a Chicago-based private equity firm with significant expertise in helping to grow media and technology services companies, also has agreed to fund QuickPlay’s continued expansion. Madison Dearborn’s total investment will be approximately $100 million.

After giving effect to the sale, Madison Dearborn and QuickPlay’s employees own substantially all of the eight-year-old company. A limited number of minority shareholders including Toronto-based Difference Capital Inc. will remain part of the ownership. QuickPlay has pioneered the multiscreen entertainment experience, providing managed service solutions for some of the world’s largest communications and media companies, including AT&T U-verse, Bell, Research In Motion (RIM), Rogers Communications, Samsung, SIRIUS XM Radio, Television Broadcasts Limited (TVB) and Verizon. In June 2011, QuickPlay acquired the network operations center assets of FLO TV from Qualcomm Incorporated as part of its U.S. expansion, broadening its abilities for managing on-demand content and live TV coverage of major sporting and news events for customers worldwide. The company’s cloud-based OpenVideo platform currently manages more than 1.5 million content assets across more than 3,000 content providers, delivering video to more than 300 different device family profiles. QuickPlay has been recognized by Deloitte multiple times as one of the fastest growing companies in North America.