Bain Capital related stories
All articles and analysis
Aussie Future Fund vehicle makes private equity debutThe Medical Research Future Fund, managed by Australia’s sovereign wealth fund, has made its first investment into private equity.
Startups offer new take on real estate investing beyond REITsA new slew of companies focused on the individual real estate investor are raising cash; will the risks deter VCs?
- McDonald's targeting buyout firms as it seeks to sell North Asia stores: Reuters
McDonald's Corp (MCD.N) is targeting private equity firms, including Bain Capital, MBK Partners, TPG Capital Management and Chinese state-backed conglomerate China Resources (Holdings) for its planned sale of 2,800 restaurants in North Asia, Reuters News is reporting.
PE-backed Blue Star buys Pointstreak Sports TechnologiesBlue Star Sports has acquired Pointstreak Sports Technologies Inc, a Toronto-based sports technology solutions company, servicing customers in 23 countries. No financial terms were disclosed. Blue Star, a Frisco, Texas-based provider of youth sports team and league management software, said the deal enhances the company's suite of products and increases its global user base to 8 million. Blue Star this month received an investment http://www.bluestarsports.com/pages/page-news.html from U.S. private equity firm Providence Equity Partners and Jerry Jones, the owner of the Dallas Cowboys. It said it is also backed by Bain Capital and other investors.
- Bain Capital announces new leadership positions
Bain Capital has decided that all of its businesses will operate under the Bain Capital name, according to a letter to investors obtained by Buyouts Insider. Sankaty Advisors will become Bain Capital Credit while Brookside Capital will be called Bain Capital Public Equity, the letter said. Bain also announced new leadership positions. John Connaughton and Jonathan Lavine were named Co-Managing Partners of Bain Capital, while Josh Bekenstein and Steve Pagliuca were named Co-Chairs, the letter said. Read the Bain Capital letter /wp-content/uploads/2016/04/Bain-Capital-letter.pdf
- Dallas Cowboys owner Jones, Providence Equity back youth-sports software firm
The owner of the National Football League's Dallas Cowboys, Jerry Jones, and Providence Equity Partners are backing Blue Star Sports, the Frisco, Texas, producer of software solutions for youth-sports organizations. The solutions include websites and payment and registration systems. Providence Equity is the Providence, Rhode Island, private-equity investment firm.
- Blackstone takes control of India's Mphasis in up to $1.1 billion deal: Reuters
Blackstone Group (BX.N) is buying a majority stake in Indian IT outsourcing services provider Mphasis Ltd (MBFL.NS) from Hewlett Packard Enterprise Co (HPE.N) in an up to $1.1 billion deal, in the U.S. asset manager's single-biggest investment in India, Reuters News reported.
VC-backed SendGrid aims to be “IPO-worthy” next year: Reuters(Reuters) SendGrid, an email service company backed by Bain Capital and Bessemer Venture Partners, is targeting revenue of $100 million by 2017 and expects to become profitable in the second half of this year. The company also aims to be “IPO-worthy” by next year, CEO Sameer Dholakia said.
- Quanterix raises $46 mln
Quanterix Corp said Tuesday it secured $46 million in Series D funding led by ARCH Overage Fund, Cormorant Asset Management and Trinitas Capital. ARCH Venture Partners, Bain Capital Ventures, Tufts University, Dr. David Walt and Hercules Capital Inc also participated in the round. Lexington, Massachusetts Quanterix is developing tools in high definition diagnostics.
- Advent races to $13bn hard-cap for Fund VIII
The global buyout firm has closed its eighth flagship fund $1bn above its target on an overwhelming amount of re-ups.