Bain Capital related stories
All articles and analysis
Bain to take Japan’s SunTelephone privateThe $550m SunTelephone acquisition represents Bain Capital’s second Asian deal, as the Boston firm preps a dedicated fund for the region and names a high-profile local professional.
- Carlyle launches $5.4bn Taiwan tech offer
The US buyout firm is stepping up its exposure to the semiconductor industry with a bid for the Taiwanese microchip packager Advanced Semiconductor Engineering.
- Private equity trio to sell educational publisher
Thomas H. Lee, Bain Capital and Blackstone have agreed to sell Houghton Mifflin for $3.4bn to a newly formed Irish public limited company.
- Bain Capital makes appointment in Tokyo
Nobuyoshi Yamanaka has been named an operating partner to help oversee Bain Capital’s growing Japan portfolio.
- Billtrust Merges with Best Practice Systems
Billtrust, an 11-year-old outsourced billing company based in Hamilton, N.J., has merged with Best Practice Systems, an Engelwood, Colo.-based billing company. Terms of the deal were not disclosed, but notably, Billtrust raised a $25 million round from Bain Capital Ventures last November with an eye toward acquiring "one to two" companies per year, as Billtrust CEO Flint Lane told peHUB at the time.
- Reuters – CVC In Talks to Buy SPi Global
Private equity firm CVC is in exclusive talks to buy a majority stake in SPi Global Holdings, a business outsourcing unit of Philippine Long Distance Telephone Co, for about $320 million including debt, a source familiar with the matter told Reuters. PLDT, Manila's second-most valuable listed company, had put an 80 percent stake in SPi Global on the block last year as it looks to shed non-core businesses. The auction attracted interest from global buyout firms including Bain Capital and Carlyle Group as well as CVC.
- Bain Capital Backs AMResorts
AMResorts has completed an equity investment by Bain Capital. Financial terms of the private transaction were not disclosed. Alex Zozaya, AMResorts’ founding president, will continue to oversee the company while taking on a new role as CEO of Apple Leisure Group. AMResorts’ executive vice president Gonzalo del Peon has been appointed president of the hospitality company.
- James: Deals abound in risky Europe
Blackstone’s president Tony James gave a speech Thursday, touching on issues including public pensions' need for private equity, GP-LP relationships and the US presidential election.
- Court ruling to rouse US healthcare market
The US Supreme Court’s decision on healthcare reform should help drive activity in the sector, according to industry sources including Bain Capital managing director Chris Gordon.
- Hirsch: LPs want to see GPs get rich on carry
The CIO of Hamilton Lane recently appeared on CNBC and offered a wide-ranging defense of the industry, including the idea that public pension systems are main beneficiaries of the asset class.