Bain Capital related stories
All articles and analysis
Bain Capital and Blackstone sell The Weather Company's tech and product businessesBain Capital and The Blackstone Group has sold The Weather Company's tech and product businesses to IBM. No financial terms were disclosed. Included in this transaction are The Weather Company's B2B brand WSI.
Editor's Letter: Figuring out the morass of crowdfundingIn this month's VCJ cover story, reactions to crowdfunding from investors, attorneys and entrepreneurs is mixed
Crosscurrents in the crowdfunding debateVCs and entrepreneurs see opportunity, misgivings in equity crowdfunding
- BloomReach grabs $56 mln Series D
Mountain View, California-based BloomReach, a cloud personalization platform provider, has raised $56 million in Series D funding. The investors included Bain Capital Ventures, Battery Ventures, Lightspeed Ventures, New Enterprise Associates and Salesforce Ventures. In addition to the funding, the company has named Marcus Ryu, CEO and co-founder of Guidewire Software, to its board of directors.
Buyout firm KKR takes Bain's place in Peroni, Grolsch auction: ReutersThe line-up of bidders for SABMiller's Peroni and Grolsch beers has changed, with U.S. private equity firm KKR replacing Bain Capital, which was unwilling to engage in a bidding war with industry players, three sources familiar with the matter said.
Juniper Networks to acquire venture-backed BTI SystemsJuniper Networks Inc (NYSE: JNPR) has agreed to acquire BTI Systems Inc, an Ottawa-based provider of cloud and metro networking services. No financial terms were released about the deal, which is expected to close in the second quarter of 2016. Sunnyvale, Calif.-based Juniper, a networking equipment maker, said the acquisition will allow it to accelerate the delivery of open and automated packet optical transport solutions. Founded in 2000, BTI Systems has raised nearly US$122 million in funding, according to Crunchbasehttps://www.crunchbase.com/organization/bti-systems#/entity Its investors include Bain Capital Ventures, BDC Capital, Covington Capital, Difference Capital Financial, Kodiak Venture Partners and Wellington Financial.
- KKR, Bain, Fujifilm to bid for Japan's Toshiba Medical: Reuters
U.S. buyout funds KKR & Co (KKR.N http://www.reuters.com/finance/stocks/overview?symbol=KKR.N ) and Bain Capital, as well as Fujifilm Holdings Corp (4901.T http://www.reuters.com/finance/stocks/overview?symbol=4901.T ), are among potential bidders for a medical equipment unit of financially troubled Toshiba Corp (6502.T http://www.reuters.com/finance/stocks/overview?symbol=6502.T ) in a deal that could fetch more than $3 billion, people familiar with the process said on Wednesday.
- Bain plans IPO for Maisons du Monde: Lettre de l'Expansion
Bain Capital plans a stock market listing for French furniture and interior decoration company Maisons du Monde, newsletter La Lettre de l'Expansion reported on Monday
- AB InBev shortlists Asahi, ThaiBev for Peroni, Grolsch purchase, say sources: Reuters
Japan's Asahi Group Holdings (2502.T) and Thai Beverage (TBEV.SI) have made it through to the final stages of an auction to buy SABMiller's (SAB.L) Peroni and Grolsch beer brands, sources told Reuters.
Venture-backed Flywire acquires Toronto's ScholarFXFlywire, formerly known as peerTransfer, has acquired ScholarFX, a Toronto-based payments service for international students attending Canadian universities and other educational institutions. No financial terms were released. Boston-based Flywire, which operates in the same sector, said the acquisition increases its ability to attract Canadian customers and adds scale to its cross-border payments platform. With the deal, ScholarFX’s founder, Darren Chadwick, joins Flywire Canada. Founded in 2009, Flywire is backed by Accel Partners, Bain Capital Ventures, Devonshire Investors, Maveron, QED Investors and Spark Capital, among others.