Bain Capital

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.

H.I.G. Capital to Acquire Quick Restaurants S.A.

Monday, August 2, 2021 - 12:08pm

), a leading global alternative investment firm with $45 billion of equity capital under management, is pleased to announce that an affiliate has entered into a definitive agreement to acquire Quick Restaurants S.A. (the Company or Quick) from Burger King France.

Key Points: 
  • ), a leading global alternative investment firm with $45 billion of equity capital under management, is pleased to announce that an affiliate has entered into a definitive agreement to acquire Quick Restaurants S.A. (the Company or Quick) from Burger King France.
  • Established in 1971, Quick is one of the leading burger fast food chains.
  • Present in France since 1980, Quick serves more than 36 million meals per year from a network of 107 restaurants.
  • is a leading global private equity and alternative assets investment firm with $45 billion of equity capital under management.

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.

Waystar to Acquire Patientco to Bring True Consumerism to Healthcare, Simplifying Payment Processes for Patients and Providers

Thursday, July 15, 2021 - 11:00am

Together, Waystar and Patientco will offer patients consumer-friendly experiences when paying medical bills, while simplifying how providers receive and process payments both before and after care delivery.

Key Points: 
  • Together, Waystar and Patientco will offer patients consumer-friendly experiences when paying medical bills, while simplifying how providers receive and process payments both before and after care delivery.
  • Patientco provides a holistic view of the patient's financial journey operating within both acute and ambulatory provider HIT and treasury ecosystems.
  • "The combination of our technology and resources brings true transformation to healthcare payments by optimizing the financial experience for both patients and providers."
  • The Waystar platform removes friction in payment processes, streamlines workflows and improves financials for providers in every care setting.

Carson Group, Financial Technology & Services Leader, Selects Bain Capital as Strategic Partner

Wednesday, July 14, 2021 - 3:06pm

and BOSTON, July 14, 2021 /PRNewswire/ -- Carson Group , one of the fastest-growing financial technology and services firms in the country, today announced that it has received a strategic investment from Bain Capital , valuing the business over $1 billion.

Key Points: 
  • and BOSTON, July 14, 2021 /PRNewswire/ -- Carson Group , one of the fastest-growing financial technology and services firms in the country, today announced that it has received a strategic investment from Bain Capital , valuing the business over $1 billion.
  • Founded in 1983 by Carson and headquartered in Omaha, Nebraska, Carson Group serves financial advisors and investors through its three businesses -- Carson Wealth , Carson Coaching , and Carson Partners .
  • Carson Group has created an ecosystem dedicated to helping financial advisors unleash the full potential of their firms by providing marketing, compliance, technology, investment strategies, succession planning, M&A support, and coaching.
  • Carson Group serves financial advisors and investors through its businesses including Carson Wealth, Carson Coaching, and Carson Partners.

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.

EQS-News: Lonza Completes Divestment of Specialty Ingredients Business

Friday, July 2, 2021 - 7:00am

Basel, Switzerland, 2 July 2021 - Lonza announced today the completion of the divestment of its former Specialty Ingredients business and operations to Bain Capital and Cinven for an enterprise value of CHF 4.2 billion.

Key Points: 
  • Basel, Switzerland, 2 July 2021 - Lonza announced today the completion of the divestment of its former Specialty Ingredients business and operations to Bain Capital and Cinven for an enterprise value of CHF 4.2 billion.
  • Albert M. Baehny, Chairman, Lonza commented: 'Since announcing our intention to divest the Specialty Ingredients business, we have made significant progress in consolidating our new structure and identity and refining our focus as a pure-play partner to the healthcare industry.
  • As the divestment of the Specialty Ingredients business completes, at Lonza we have an opportunity to consolidate our identity and redouble our focus on long-term growth while delivering value for our customers, employees and shareholders.
  • 'I wish to thank the leadership teams and all employees in the Specialty Ingredients business for their continuing dedication and professionalism during the transition period.