Bain & Company

Guardant Health Announces New Leadership Structure Aligned with Strategic Growth Objectives and Expands Board of Directors

Thursday, August 5, 2021 - 9:05pm

Guardant Health, Inc. (Nasdaq: GH), a leading precision oncology company, has announced a new leadership structure to support the Companys strategic objectives for future growth.

Key Points: 
  • Guardant Health, Inc. (Nasdaq: GH), a leading precision oncology company, has announced a new leadership structure to support the Companys strategic objectives for future growth.
  • Under this structure, Helmy Eltoukhy, CEO, and AmirAli Talasaz, President, will serve as co-CEOs of Guardant Health.
  • Both Eltoukhy and Talasaz will continue to serve on the Board of Directors and Eltoukhy will assume the role of Chairman.
  • In addition, Meghan Joyce, Chief Operating Officer and Executive Vice President of Platform at Oscar Health, will join the Companys Board as an Independent Director.

HST Pathways Appoints Experienced Technology Executive David Thawley as CEO

Wednesday, August 4, 2021 - 12:00pm

HST Pathways, a leader in cloud-based software for ambulatory surgical centers (ASCs), today announced it has appointed David Thawley as Chief Executive Officer (CEO), effective August 2021.

Key Points: 
  • HST Pathways, a leader in cloud-based software for ambulatory surgical centers (ASCs), today announced it has appointed David Thawley as Chief Executive Officer (CEO), effective August 2021.
  • View the full release here: https://www.businesswire.com/news/home/20210804005035/en/
    David Thawley is the new CEO of HST Pathways, effective August 2021.
  • David is the right person to take up the mantle for this exciting stage in evolution for HST Pathways and the ASC industry overall.
  • An experienced CEO, Thawley led the merger of two midmarket automotive enthusiast hardware businesses, to create calibration software company, Derive Systems.

Four Paths For A Dynamic Digital Transformation

Wednesday, July 28, 2021 - 2:01pm

However, these promising digital transformation initiatives often lose momentum and fail to produce the broad impact needed to compete in today's world.

Key Points: 
  • However, these promising digital transformation initiatives often lose momentum and fail to produce the broad impact needed to compete in today's world.
  • "Companies must start analyzing the needs of their business and begin creatively executing on solutions that promote digital transformation across their entire operating model."
  • These findings, among others, are outlined in Bain & Company's new report, Four winning patterns of digital transformation , released today.
  • By analyzing companies' most effective efforts, Bain identifies four key patterns of digital transformation that allow companies to both compete and rebuild in the digital landscape:
    Laying down the digital foundations.

ExtraHop Announces Completion of Acquisition by Bain Capital Private Equity and Crosspoint Capital Partners

Thursday, July 22, 2021 - 5:45pm

ExtraHop, the leader in cloud-native network detection and response, today announced the completion of its acquisition by Bain Capital Private Equity and Crosspoint Capital Partners.

Key Points: 
  • ExtraHop, the leader in cloud-native network detection and response, today announced the completion of its acquisition by Bain Capital Private Equity and Crosspoint Capital Partners.
  • Adding the resources, expertise, and financial support of Bain Capital Private Equity and Crosspoint Capital Partners will allow ExtraHop to extend our leadership in the network detection and response market and continue to innovate to help our customers stay ahead of the game."
  • Morgan Stanley & CO. LLC served as the financial advisor to Bain Capital Private Equity and Crosspoint Capital Partners, and Ropes & Gray LLP served as legal counsel.
  • Crosspoint Capital Partners is a private equity investment firm focused on the cybersecurity, privacy and infrastructure software markets.

PartsSource, Leading Healthcare Services Online Marketplace, to be Acquired by Bain Capital Private Equity

Tuesday, July 20, 2021 - 1:05pm

PartsSource , a leading online marketplace for medical equipment maintenance parts and services, today announced the signing of a definitive agreement to be acquired by Bain Capital Private Equity .

Key Points: 
  • PartsSource , a leading online marketplace for medical equipment maintenance parts and services, today announced the signing of a definitive agreement to be acquired by Bain Capital Private Equity .
  • They share our vision for building a broader B2B healthcare e-commerce platform and have an excellent track-record of building leading healthcare technology companies.
  • Bain Capital Private Equity has a long history of partnering with companies to accelerate growth in the healthcare and technology sectors.
  • TripleTree, LLC is serving as financial advisor, and Kirkland and Ellis LLP as legal counsel to Bain Capital Private Equity.

Imperative Care Raises $260 Million to Advance Innovations that Elevate Stroke Care

Thursday, July 15, 2021 - 1:00pm

Existing Imperative Care investors Ally Bridge Group, Bain Capital Life Sciences, Ascension Ventures, Delos Capital, Rock Springs Capital, and Amed Ventures participated in the financing.

Key Points: 
  • Existing Imperative Care investors Ally Bridge Group, Bain Capital Life Sciences, Ascension Ventures, Delos Capital, Rock Springs Capital, and Amed Ventures participated in the financing.
  • In connection with the financing, Imperative Care also announced that it has acquired Truvic Medical, Inc., a peripheral thrombectomy innovator, in a stock-for-stock transaction.
  • Under this transaction, Truvic will operate as a wholly owned subsidiary of Imperative Care, retaining its founding leadership team and distinct brand identity.
  • Based in Campbell, Calif., Imperative Care is speeding new answers to stroke by developing a portfolio of innovative solutions to address the vast and urgent unmet needs in stroke care.

ClearLight Partners Promotes Jeff Manassero and Kyle Burke to Partner and Dustin Byer to Principal

Wednesday, July 14, 2021 - 4:24pm

Private equity firm ClearLight Partners announced today the promotion of Jeff Manassero and Kyle Burke to Partner and Dustin Byer to Principal.

Key Points: 
  • Private equity firm ClearLight Partners announced today the promotion of Jeff Manassero and Kyle Burke to Partner and Dustin Byer to Principal.
  • Jeff, Kyle and Dustin have been key contributors to ClearLights success, and were delighted to announce these promotions, said Michael Kaye, Founder and Managing Partner of ClearLight.
  • Kyle joined ClearLight in 2006 and, other than time off to get his MBA, has been with ClearLight since that time.
  • Before joining ClearLight Kyle worked as a management consultant with Bain & Company.

Blackstone Hires Courtney della Cava as Senior Managing Director and Global Head of Talent & Leadership for its Portfolio Companies 

Tuesday, July 13, 2021 - 4:00pm

Blackstone (NYSE:BX) today announced that it has appointed Courtney della Cava as Senior Managing Director and Global Head of Talent & Leadership for its Portfolio Operations Group, effective August 1.

Key Points: 
  • Blackstone (NYSE:BX) today announced that it has appointed Courtney della Cava as Senior Managing Director and Global Head of Talent & Leadership for its Portfolio Operations Group, effective August 1.
  • In this role, Ms. della Cava will be responsible for building and enhancing executive leadership teams and boards for Blackstones more than 200 portfolio companies.
  • She joins the firm from Bain & Company, where she was a Partner in its Leadership and Talent Practice based in San Francisco.
  • Im thrilled to join Blackstone and collaborate with portfolio companies and investment teams on value-creating talent and leadership initiatives, said Courtney della Cava.

Arctaris Announces Hiring of Alan Halfenger, formerly of Bain Capital, as General Counsel & Chief Compliance Officer

Tuesday, July 13, 2021 - 4:33pm

Arctaris Impact Investors, LLC (Arctaris) and its affiliate management companies announce the addition of Alan Halfenger as General Counsel & Chief Compliance Officer.

Key Points: 
  • Arctaris Impact Investors, LLC (Arctaris) and its affiliate management companies announce the addition of Alan Halfenger as General Counsel & Chief Compliance Officer.
  • Mr. Halfenger brings nearly three decades of legal and compliance experience where he served as Global Chief Compliance Officer at Bain Capital, LP, and in leadership roles at both ACA Compliance and Treliant.
  • Given our firms focus on revitalizing underserved communities in partnership with government agencies and foundations, Arctaris takes regulatory compliance seriously.
  • Prior to joining Arctaris, Mr. Halfenger served as the Global Chief Compliance Officer at Bain Capital, one of the world's leading multi-asset alternative investment firms, for 10 years.

Bain Capital Specialty Finance, Inc. Schedules Earnings Release for the Second Quarter Ended June 30, 2021

Thursday, July 8, 2021 - 9:15pm

Bain Capital Specialty Finance, Inc. (NYSE: BCSF, the Company) today announced it will report its financial results for the second quarter ended June 30, 2021 on Wednesday, August 4, 2021 after market close.

Key Points: 
  • Bain Capital Specialty Finance, Inc. (NYSE: BCSF, the Company) today announced it will report its financial results for the second quarter ended June 30, 2021 on Wednesday, August 4, 2021 after market close.
  • Management will host a conference call on Thursday, August 5, 2021 at 8:30 a.m. Eastern Time to discuss the Companys financial results.
  • A conference call to discuss the Companys financial results will be held live at 8:30 a.m. Eastern Time on August 5, 2021.
  • Participants are also invited to access the conference call by dialing one of the following numbers:
    All participants will need to reference Bain Capital Specialty Finance - Second Quarter Ended June 30, 2021 Earnings Conference Call once connected with the operator.