Bain & Company

Persefoni AI named a leader in Sustainability Management Software by independent research firm

Retrieved on: 
Tuesday, April 2, 2024

TEMPE, Ariz., April 2, 2024 /PRNewswire/ -- Persefoni, a leading Climate Management & Accounting Platform (CMAP) for enterprises and financial institutions, was recognized as a leader in sustainability management software by analyst firm Forrester. The Forrester Wave™: Sustainability Management Software, Q2 2024 report evaluated sustainability management software vendors using 24 criteria to inform corporate sustainability and finance teams considering purchasing options.

Key Points: 
  • The Forrester Wave™: Sustainability Management Software, Q2 2024 report evaluated sustainability management software vendors using 24 criteria to inform corporate sustainability and finance teams considering purchasing options.
  • "Persefoni AI (is) a specialist in carbon with deep expertise in carbon accounting, data management, compliance, and decarbonization planning," said the Forrester report.
  • "Persefoni AI's strong vision includes the use of AI for deeper financial modeling and incorporating broader ESG reporting."
  • "Persefoni is honored to once again be selected as a leader in the sustainability management software market," said CEO and Co-Founder Kentaro Kawamori.

Cove Brands Launches to Deliver Quality Products for Consumers

Retrieved on: 
Thursday, March 28, 2024

NEW YORK, March 28, 2024 /PRNewswire/ -- Cove Brands, a digitally-native consumer brands company, today announced its launch to incubate and manage top consumer brands across the beauty, wellness, and home industries. The company acquired Benitago, an e-commerce brand incubator and aggregator. The Cove Brands leadership team includes David Kaplowitz as CEO and Bryan Kryzda as CFO & COO.

Key Points: 
  • The company will focus on consumer brands in beauty, wellness, and home
    NEW YORK, March 28, 2024 /PRNewswire/ -- Cove Brands, a digitally-native consumer brands company, today announced its launch to incubate and manage top consumer brands across the beauty, wellness, and home industries.
  • The Cove Brands leadership team includes David Kaplowitz as CEO and Bryan Kryzda as CFO & COO.
  • With a focus on the beauty, wellness, and home industries, Cove Brands is nurturing in-house brands and enhancing acquired ones to deliver value to consumers.
  • "What distinguishes our team is our core focus on business fundamentals, allowing us to make great products that are accessible to everyone," said David Kaplowitz, CEO of Cove Brands.

Persefoni releases free, self-guided software for Scope 3 supply chain management

Retrieved on: 
Tuesday, March 26, 2024

TEMPE, Ariz., March 26, 2024 /PRNewswire/ -- Persefoni, a leading Climate Management & Accounting Platform (CMAP) for enterprises and financial institutions, today announced the formal release of Persefoni Pro, leveraging nearly five years of AI breakthroughs and pioneering thought leadership. With Persefoni Pro, SMBs and large enterprises alike are able to achieve for free and require no existing sustainability experience, the same quality and trust in calculations as our flagship Persefoni Advanced product, used by many of the world's largest companies. This release marks more than two years of development and real-world application and feedback.

Key Points: 
  • Businesses of all sizes now have a free, comprehensive enterprise-grade solution for creating accurate carbon footprints they can share with stakeholders, both internally and externally.
  • Kentaro Kawamori, CEO and Co-founder of Persefoni, said: "Carbon footprints are meant to be shared, and it should be easy and free.
  • Adding, "We already have Global 2000 companies using Persefoni Pro for their own calculations, let alone their supply chains.
  • Persefoni is enabling a quantum shift forward in climate data access, simplicity, global supply chain management, and data quality.

Asia Pacific private equity deal and fund-raising activity plunged as investors pull back

Retrieved on: 
Sunday, March 24, 2024

Deal value fell to $147 billion, and fund-raising declined to its lowest level in a decade, according to Bain & Company's Asia Pacific Private Equity Report 2024 launched today.

Key Points: 
  • Deal value fell to $147 billion, and fund-raising declined to its lowest level in a decade, according to Bain & Company's Asia Pacific Private Equity Report 2024 launched today.
  • South Korea fared slightly better as deal value fell by 20% compared with the prior five-year average, increasing its share of the region's deal value.
  • Mega deals were the largest factor behind Japan's surge in deal value, helping boost deal value to 30% of the Asia Pacific total, up from 7% over the previous five-year average.
  • For the first time since 2017, buyouts overtook growth deals and represented 48% of Asia Pacific's total deal value while growth deals represented 41%.

Redefining and Developing New Opportunities for Luxury Marketing: XIAOHONGSHU and VOGUE Business Host China Digital Excellence Summit in Paris

Retrieved on: 
Friday, March 15, 2024

PARIS, March 15, 2024 /PRNewswire/ -- China's leading social media and lifestyle platform XIAOHONGSHU x VOGUE Business host the China Digital Excellence Summit and Gala Dinner during Paris Fashion Week 2024, on March 4th and 5th.

Key Points: 
  • PARIS, March 15, 2024 /PRNewswire/ -- China's leading social media and lifestyle platform XIAOHONGSHU x VOGUE Business host the China Digital Excellence Summit and Gala Dinner during Paris Fashion Week 2024, on March 4th and 5th.
  • To harness the vast opportunities presented by the expanding Chinese market, global luxury brands are pivoting towards digital transformation and prioritizing their online marketing strategies.
  • XIAOHONGSHU boasts capabilities in forecasting fashion trends, providing insights into consumer preferences, fostering emotional connections with consumers, developing localization strategies, and driving digital innovation.
  • The summit commenced with a keynote interview featuring VOGUE Business' Paris correspondent Laure Guilbault and Mugler's managing director Adrian Corsin.

Redefining and Developing New Opportunities for Luxury Marketing: XIAOHONGSHU and VOGUE Business Host China Digital Excellence Summit in Paris

Retrieved on: 
Friday, March 15, 2024

PARIS, March 15, 2024 /PRNewswire/ -- China's leading social media and lifestyle platform XIAOHONGSHU x VOGUE Business host the China Digital Excellence Summit and Gala Dinner during Paris Fashion Week 2024, on March 4th and 5th.

Key Points: 
  • PARIS, March 15, 2024 /PRNewswire/ -- China's leading social media and lifestyle platform XIAOHONGSHU x VOGUE Business host the China Digital Excellence Summit and Gala Dinner during Paris Fashion Week 2024, on March 4th and 5th.
  • To harness the vast opportunities presented by the expanding Chinese market, global luxury brands are pivoting towards digital transformation and prioritizing their online marketing strategies.
  • XIAOHONGSHU boasts capabilities in forecasting fashion trends, providing insights into consumer preferences, fostering emotional connections with consumers, developing localization strategies, and driving digital innovation.
  • The summit commenced with a keynote interview featuring VOGUE Business' Paris correspondent Laure Guilbault and Mugler's managing director Adrian Corsin.

Bain & Company acquires PiperLab to scale up AI, ML offerings for clients across EMEA

Retrieved on: 
Thursday, March 14, 2024

LONDON and MADRID, March 14, 2024 /PRNewswire/ -- Bain & Company has acquired PiperLab, a European provider of artificial intelligence (AI) and machine learning (ML) solutions, to further scale Bain's AI and ML offerings for clients throughout Europe, the Middle East and Africa (EMEA). The deal establishes an additional Advanced Analytics and AI hub under Bain's global Advanced Analytics Group (AAG) – the firm's AI practice.

Key Points: 
  • LONDON and MADRID, March 14, 2024 /PRNewswire/ -- Bain & Company has acquired PiperLab, a European provider of artificial intelligence (AI) and machine learning (ML) solutions, to further scale Bain's AI and ML offerings for clients throughout Europe, the Middle East and Africa (EMEA).
  • The deal establishes an additional Advanced Analytics and AI hub under Bain's global Advanced Analytics Group (AAG) – the firm's AI practice.
  • Based in Madrid and founded in 2015, PiperLab aims to provide companies with data-driven solutions that improve operations, increase productivity, and reduce costs.
  • To arrange an interview or for any questions, please contact:
    Katie Ware (New York) — Email: [email protected]
    Gary Duncan (London) — Email: [email protected]
    Ann Lee (Singapore) — Email: [email protected]

More energy and natural resource executives expect world to reach net zero by 2060 or later as it gets more difficult to generate returns

Retrieved on: 
Thursday, March 14, 2024

BOSTON, March 14, 2024 /PRNewswire/ -- Confidence in the world's ability to achieve net zero by 2050 looks to be eroding as it becomes even more difficult to ensure adequate investment returns and progress diverges across a fragmenting world. Bain & Company's fourth annual Energy & Natural Resource Executive Survey shows an increasing percentage of industry executives expect the world to reach net zero by 2060 or later—with 62% sharing this sentiment in 2024 versus 54% in 2023.

Key Points: 
  • Bain & Company's fourth annual Energy & Natural Resource Executive Survey shows an increasing percentage of industry executives expect the world to reach net zero by 2060 or later—with 62% sharing this sentiment in 2024 versus 54% in 2023.
  • "This year's survey found that energy and natural resource companies have not dampened ambitions for their transition-oriented growth businesses.
  • However, customers' willingness to pay is a growing issue, as is the ability to generate adequate return on investment (ROI) in energy transition-oriented projects.
  • Despite energy and natural resource companies' continued investments in decarbonization, about 62% of executives now anticipate the world will reach net zero by 2060 or later, up from 54% in last year's survey.

DUDE Wipes recognized on Bain & Company's 2024 Insurgent Brands list

Retrieved on: 
Tuesday, March 12, 2024

CHICAGO, March 12, 2024 /PRNewswire/ -- DUDE Wipes has been named to Bain & Company's 2024 Insurgent Brands list, which identifies companies disrupting their fast-moving consumer goods (FMCG) categories in the US. DUDE Wipes is one of 97 brands to make this year's list.

Key Points: 
  • CHICAGO, March 12, 2024 /PRNewswire/ -- DUDE Wipes has been named to Bain & Company's 2024 Insurgent Brands list , which identifies companies disrupting their fast-moving consumer goods (FMCG) categories in the US.
  • DUDE Wipes is one of 97 brands to make this year's list.
  • "Making this list is just further evidence that our mission to educate consumers that wet DUDE Wipes cleans better than dry toilet paper is resonating with consumers," said Jeffrey Klimkowski, Co-founder of DUDE Wipes.
  • DUDE Wipes says the secret to their success is through disruptive innovation and strong consumer engagement in the stale toilet tissue category.

Green shoots for private equity emerging after sector's worst slump since the global financial crisis--Bain & Company Global PE Report

Retrieved on: 
Monday, March 11, 2024

BOSTON and LONDON, March 11, 2024 /PRNewswire/ -- Global private equity is now seeing the beginnings of a pick-up in activity, with 'green shoots' emerging for prospects this year and beyond, despite 2023 having seen PE's sharpest drop-off since the global financial crisis of 2008-09, Bain & Company's 15th annual Global Private Equity Report, released today, concludes.

Key Points: 
  • "The deal market is getting off to a somewhat better start this year and we're cautiously optimistic over prospects.
  • The sheer scale and speed of rate rises last year, and the uncertainty around that, was a shock for the industry in 2023.
  • Coupled with the incentives to put the record mountain of dry powder to work, we expect GPs to come off the sidelines.
  • But passively waiting for conditions to recover is not a viable strategy," said Hugh MacArthur, chairman of the global Private Equity practice at Bain & Company.