Bain Capital related stories
All articles and analysis
Bain buys MSX InternationalBain Capital said Jan. 9 that it acquired MSX International. Financial terms weren’t announced. MSX, of Detroit, provides technology-based services to the automotive industry and employs more than 6,000 experts in more than 80 countries.
- Carlyle, CITIC buy McDonald’s China for $2bn
The fast-food giant intend to adds over 1,500 restaurants in mainland China and Hong Kong over the next five years following the investment.
- Bain Capital, Advent to buy Concardis for 700 million euros, say sources: Reuters
Private equity firms Bain Capital and Advent are close to buying German payment group Concardis for about 700 million euros (598.3 million pounds), sources told Reuters.
- Rent The Runway books $60 mln Series E
Rent The Runway, a service that allows women to rent designer apparel and accessories, has raised $60 million in Series E funding. Fidelity Management and Research Company led the round with participation from return backers Technology Crossover Ventures, Bain Capital Ventures, Highland Capital Partners and Advance Publications Inc.
- Xplenty takes in $4 mln, also acquires Driven
San Francisco and Israel-based Xplenty, a data integration service, has raised $4 million in funding. The investors were Bain Capital Ventures, True Ventures, Rembrandt Venture Partners, Magma Venture Partners and Waarde Capital. In addition to the funding, Bill Lehmann of Bain Capital Ventures has been added to Xplenty's board of directors. Also, Xplenty has acquired Driven Inc, a provider of big data application development and performance management solutions. No financial terms were disclosed.
- Wall Street holiday parties are back...but don't tell anyone: Reuters
Wall Street holiday parties this year took place in luxury venues like the Waldorf Astoria, featured women dressed as glowing angels, and had fine wine, scotch and bourbon on hand, Reuters reported.
- Advent picks up stake in Indian wealth manager
The deal to acquire a part stake in the ASK Group is Advent International’s first Indian investment from its latest buyout fund.
- PRIM's Mass appeal
PEI sat down at the beginning of the year with the Massachusetts Pension Reserves Investment Management Board’s CIO Michael Trotsky and its director of private equity Michael Bailey to discuss one of the best performing PE programmes in the US.
- Bain acquires $950m nursing provider
The firm has acquired Epic Health Services from Webster Capital, a sale which saw Webster reap a 10x multiple on its original $42m acquisition.