Bain Capital related stories
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Bain, Apax join bid battle for Portugal Telecom-ReutersPrivate equity firms Bain Capital and Apax Partners have launched a bid worth 7.075 billion euros ($8.8 billion) to buy the Portuguese operating business of Portugal Telecom from Brazil's Oi (OIBR3.SA), rivalling an offer from European telecoms group Altice (ATCE.AS), Reuters reported.
Bain, Apax join bid battle for Portugal TelecomPrivate equity firms Bain Capital and Apax Partners have launched a bid worth 7.075 billion euros ($8.8 billion) to buy the Portuguese operating business of Portugal Telecom from Brazil’s Oi, rivalling last week’s offer from telecoms group Altice, news service Reuters reported.
- Worldpay to acquire PE-owned SecureNet
Worldpay, which is backed by Advent International and Bain Capital, has agreed to buy SecureNet. No financial terms were disclosed. The deal is expected to be completed in December 2014. William Blair was financial advisor to SecureNet and its owner Sterling Partners on the transaction. Based in Austin, Texas, SecureNet is a payment solutions provider.
- Cloud security startup Evident.io raises $9.85 mln
Dublin, Calif.-based Evident.io, which provides security technology for Amazon Web Services, announced today that has raised $9.85 million in Series A funding led by Bain Capital Ventures. True Ventures also participated in the round. The company previously raised $1.5 million in seed-stage funding from True Ventures.
- Bain Capital selling $200 mln of shares in India's Hero MotoCorp -Reuters
U.S. private investment firm Bain Capital is selling $200 million worth of shares in India's Hero MotoCorp Ltd, with an option to sell more, according to a term sheet seen by Reuters.
- Bain Capital buys stake in TOMS
Bain Capital has acquired a 50 percent stake in TOMS. No financial terms were disclosed. As a result of the transaction, TOMS founder Blake Mycoskie will have a 50 percent ownership of the company. TOMS is a "one for one" shoe, eyewear and coffee company.
- MediaRadar racks up $6.7 mln
MediaRadar has raised $6.7 million in funding. The investors included Bain, Mousse Partners and David Frankel of Founder Collective. Based in New York City, MediaRadar provides detailed analysis on brands to digital and magazine advertising sales executives.
Smart recruiting comes to HRStartups that bring big data and machine learning to the hiring process are raising big bucks to help other companies lure the best talent
- Slovenia picks Deutsche Telekom, 4 funds to bid for telecoms firm, say sources-Reuters
Slovenia has narrowed the field of bidders for its largest telecoms provider to Deutsche Telekom and four buyout firms, sources told Reuters, as the government presses ahead with a privatization plan.
- Bain to close Europe fund on €3.5bn hard-cap
The Boston-based firm, which started raising the fund late last year, held a €2.03bn first close in July