Bain Capital related stories
All articles and analysis
Facebook co-founder Saverin's B Capital Group raises $143.6 mln for venture fundB Capital Group, a firm co-founded by Facebook co-founder Eduardo Saverin, has raised $143.6 million toward its first venture fund, according to a filing with the SEC.
- Private equity heavyweights weigh in on Brexit
Data from the Electoral Commission shows industry names, including KKR’s Johannes Huth and Warburg Pincus’ Joseph Schull, are not leaving the outcome of the upcoming referendum to chance.
- Warburg invests $27m in mobile bank
The New York-based private equity firm has invested in Varo, a mobile-only banking startup.
Bench secures $20 mln in Bain Capital-led Series B roundCanadian online bookkeeping service Bench has raised $20 million (US$16 million) in a Series B financing. The round, which brings the startup's total funding to $33 million, was led by U.S. venture capital firm Bain Capital Ventures. Bain was joined by Altos Ventures and Contour Venture Partners, which also participated in Bench's Series A financing in January 2015. Bench, which was founded in 2012, is a provider of cloud-based technology that automates accounting tasks for small businesses and independent contractors for a monthly fee. Since the close of its Series A round, the company has doubled the workforce at its Vancouver headquarters and tripled its revenue, Bench reported.
- Bench raises $16 mln from Bain, Altos, Contour
Bench said it raised $16 million of Series B capital in an up round led by Bain Capital Ventures and joined by existing investors Altos Ventures and Contour Venture Partners. The company has now raised $33 million.
- Bain and Vista buy insurance tech firm Vertafore from TPG
Bain Capital Private Equity and Vista Equity Partners will jointly acquire insurance technology company Vertafore from TPG Capital. The deal comes shortly after Vertafore's acquisition of two cloud software providers, Keal Technology and QQSolutions.
Fintech looks beyond lendingInvestors scout for fintech deals in insurance and other untapped markets as frothy valuations reset. Expect strong activity to continue
- Intesa says signed deal to sell payments units for 1.035 billion euros: Reuters
Italy's Intesa Sanpaolo (ISP.MI) said on Monday it has signed a deal to sell its payments units Setefi and Intesa Sanpaolo Card to private equity firms Advent, Bain Capital and Clessidra in a deal worth 1.035 billion euros ($1.2 billion), Reuters News reported.
- Venrock invests $15.7 mln in Evident.io
Venrock has completed a $15.7 million Series B funding round for Evident.io, a provider of security and compliance software for cloud computing platforms. Bain Capital and True Ventures have previously invested in Evident.io.