Verified Nov 2026
Thermal & Fluid Systems
·
Chicago, Illinois
·
Since 1994
Madison Industries is a privately held holding company and private equity firm headquartered in Chicago, Illinois, founded in 1994. It employs roughly 10,000 to 50,000 people, with an estimated revenue band of $5 to 10 billion. Its primary capability is thermal and fluid systems, and it serves automotive, electric-vehicle, construction, medical, renewable-energy, and industrial-equipment markets. In August 2026 the company announced plans to acquire ebm-papst, extending its air quality solutions business.
Madison Industries at a glance
Revenue
$5-10B
Est. band
Employees
10,000-50,000
Founded
1994
Headquarters
Chicago, Illinois
Import activity
3591
Industries
Automotive
Electric Vehicles
Construction
Medical
Renewable Energy
Industrial Equipment
Sourcing and import activity
From US customs bill-of-lading records
US sea imports
3591
Named foreign suppliers
50
Top origins
Sri Lanka · China · India · Pakistan
Shared foreign counterparties do not establish that these companies buy from Madison Industries.
What this tells a buyer
The company's customs records show 3,591 shipments, with suppliers located in countries including China, India, Pakistan, Sri Lanka, and Egypt.
Its product lines and capabilities listed on the public web include LED, electronics, and assembly, with a facility reported in Kokomo, Indiana; no certifications were identified in the record.
As a privately held firm, Madison Industries operates as an investment platform acquiring and building market leaders in health, safety, and air and water purification sectors.
Source: US customs bill-of-lading records and public filings · Last verified Nov 05, 2026
STABILITY SIGNALS
Established & active
32 years in operation (founded 1994).
3,591 US import shipments on record.
Overview
Madison Industries is a privately held holding company and private equity firm headquartered in Chicago, Illinois, founded in 1994. It employs roughly 10,000 to 50,000 people, with an estimated revenue band of $5 to 10 billion. Its primary capability is thermal and fluid systems, and it serves automotive, electric-vehicle, construction, medical, renewable-energy, and industrial-equipment markets. In August 2026 the company announced plans to acquire ebm-papst, extending its air quality solutions business.
At a glance
Attribute | Detail |
|---|---|
Founded | 1994 |
Headquarters | Chicago, Illinois |
Employees | 10,000-50,000 |
Revenue | $5-10B (estimated) |
Primary capability | Thermal & Fluid Systems |
What Madison Industries makes
Its product lines and capabilities listed on the public web include LED, electronics, and assembly, with a facility reported in Kokomo, Indiana; no certifications were identified in the record.
Products and capabilities described on the company's own site include LED, Electronics, Assembly (source: madison.net).
Trade and customs footprint
The company's customs records show 3,591 shipments, with suppliers located in countries including China, India, Pakistan, Sri Lanka, and Egypt. US customs bill-of-lading records list 3591 inbound shipments across 50 foreign suppliers, with top origins including Sri Lanka · China · India · Pakistan.
Latest developments
2026-08-25 — Document (sec.gov)
2026-08-17 — Madison Air to Acquire ebm-papst, Expanding Return on Air™ Capabilities and Accelerating Durable Growth in Air Quality Solutions - Madison Industries (madison.net)
2026-06-05 — Madison Industries Celebrates Successful Public Listing of Madison Air - Madison Industries (madison.net)
2026-03-19 — 3M to create a leading fire and safety business; acquires Madison Fire & Rescue and combines with Scott Safety - Madison Industries (madison.net)
2026-03-19 — 3M to create a leading fire and safety business; acquires Madison Fire & Rescue and combines with Scott Safety - Mar 19, 2026 (3m.com)
2026-02-02 — Facet to Join Donaldson - Madison Industries (madison.net)
Facilities
Madison Industries is headquartered in Chicago, Illinois. Public sources also reference these locations:
Kokomo, IN — madison.net
Company details
As a privately held firm, Madison Industries operates as an investment platform acquiring and building market leaders in health, safety, and air and water purification sectors. Madison Industries was founded in 1994, has an estimated 10,000-50,000 employees, and is headquartered in Chicago, Illinois. On the LightSource stability read it is rated "Established & active": 32 years in operation (founded 1994). 3,591 US import shipments on record.
Frequently asked questions
What does Madison Industries make?
Madison Industries is a privately held holding company and private equity firm headquartered in Chicago, Illinois, founded in 1994. It employs roughly 10,000 to 50,000 people, with an estimated revenue band of $5 to 10 billion. Its primary capability is thermal and fluid systems, and it serves automotive, electric-vehicle, construction, medical, renewable-energy, and industrial-equipment markets. In August 2026 the company announced plans to acquire ebm-papst, extending its air quality solutions business.
Where is Madison Industries headquartered?
Madison Industries is headquartered in Chicago, Illinois (444 West Lake Street, Chicago, Illinois, 60606).
When was Madison Industries founded?
Madison Industries was founded in 1994.
How big is Madison Industries?
Madison Industries has an estimated 10,000-50,000 employees, with revenue in the $5-10B range (estimated).
Does Madison Industries import from overseas suppliers?
US customs bill-of-lading records show 3591 inbound shipments for Madison Industries, with top origins including Sri Lanka · China · India · Pakistan.
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Last verified Nov 2026. Is this your company? Request a correction.
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