Bain Capital

Paratus Energy Services Ltd. - Appointment of Joachim Bale to the Board

Retrieved on: 
Tuesday, September 5, 2023
McKinsey & Company, Growth, Farallon Capital, Bain Capital, Security (finance), Management, Paratus

HAMILTON, Bermuda, Sept. 5, 2023 /PRNewswire/ -- Paratus Energy Services Ltd. ("Paratus" or "Company") announces the appointment of Joachim Bale as the newest member of the Company's board of directors, effective August 30, 2023.

Key Points: 
  • HAMILTON, Bermuda, Sept. 5, 2023 /PRNewswire/ -- Paratus Energy Services Ltd. ("Paratus" or "Company") announces the appointment of Joachim Bale as the newest member of the Company's board of directors, effective August 30, 2023.
  • Mr. Bale is currently a Founding Partner at Lodbrok Capital, an alternative investment management firm.
  • Prior to Lodbrok Capital, Mr. Bale served as an investment professional at Farallon Capital, a multi-strategy hedge fund.
  • "We are delighted to have Joachim Bale join as our newest board member" said Mei Mei Chow, Chairperson of the board of Paratus.

Paratus Energy Services Ltd. - Appointment of Joachim Bale to the Board

Retrieved on: 
Tuesday, September 5, 2023
McKinsey & Company, Growth, Farallon Capital, Bain Capital, Security (finance), Management, Paratus

HAMILTON, Bermuda, Sept. 5, 2023 /PRNewswire/ -- Paratus Energy Services Ltd. ("Paratus" or "Company") announces the appointment of Joachim Bale as the newest member of the Company's board of directors, effective August 30, 2023.

Key Points: 
  • HAMILTON, Bermuda, Sept. 5, 2023 /PRNewswire/ -- Paratus Energy Services Ltd. ("Paratus" or "Company") announces the appointment of Joachim Bale as the newest member of the Company's board of directors, effective August 30, 2023.
  • Mr. Bale is currently a Founding Partner at Lodbrok Capital, an alternative investment management firm.
  • Prior to Lodbrok Capital, Mr. Bale served as an investment professional at Farallon Capital, a multi-strategy hedge fund.
  • "We are delighted to have Joachim Bale join as our newest board member" said Mei Mei Chow, Chairperson of the board of Paratus.

Apollo.io Secures $100 Million Series D at $1.6B Valuation to Make World-Class Go-To-Market Accessible to All

Retrieved on: 
Tuesday, August 29, 2023
Nexus, Venrock, Intelligence, Software as a service, G2, Sequoia, Engineering, Marketing, Bain Capital, Sequoia Capital, Synthetic media, BCV, Forecasting, Intercom, Bain Capital Ventures, Generative, Entrepreneurship, GTM, Dropbox, SVP, Salesforce, Sales, Video game, Census, Qualtrics

SAN FRANCISCO, Aug. 29, 2023 /PRNewswire/ -- Apollo.io, the leading go-to-market (GTM) solution for sales and marketing teams, announced today that it has raised $100M in Series D funding led by Bain Capital Ventures (BCV), with participation from existing investors Sequoia Capital, Tribe Capital, and Nexus Venture Partners. Following the company's Series C in March 2022, this investment brings the company's total funding to approximately $250 million while nearly doubling the valuation of the company at $1.6 billion.

Key Points: 
  • Following the company's Series C in March 2022 , this investment brings the company's total funding to approximately $250 million while nearly doubling the valuation of the company at $1.6 billion.
  • "Tim and the Apollo team have built a remarkable B2B platform that we believe will redefine the next generation of go-to-market sales."
  • This cash injection will allow it to more than double employee count to continue building the next generation of GTM.
  • The new round will help the company further invest in R&D and make its product even more powerful."

Accomplished M&A Professionals join Ten Oaks Group, Further Bolstering Transaction Prowess

Retrieved on: 
Monday, August 21, 2023
Operating partner, Vincent, Private equity, Specialization, University, University at Buffalo, PwC, Texas A&M University, Business, MBA, Boston University, David G. Booth, Separation, M&A, Acquisition, Alvarez, Corporation, Purdue University, Alvarez and Marsal, KPMG, Questrom School of Business, Management, Bain Capital, West Monroe Partners

Accomplished M&A Professionals join Ten Oaks Group, Further Bolstering Transaction Prowess

Key Points: 
  • Accomplished M&A Professionals join Ten Oaks Group, Further Bolstering Transaction Prowess
    Joseph 'J.R.'
  • Mauricio joins Ten Oaks Group with a decade of specialization in technology modernization, having notably contributed to the M&A field as a Senior Associate and Operating Partner.
  • His expertise in streamlining processes, enhancing operational efficiency, and leveraging technology solutions will greatly contribute to Ten Oaks Group's offerings.
  • Jim Riley joins Ten Oaks Group as a Senior Associate and Operating Partner, bringing with him a wealth of experience in the M&A field.

Renowned International Restaurant Brand Fogo de Chão to be Acquired by Bain Capital Private Equity from Rhône Capital

Retrieved on: 
Tuesday, August 15, 2023
Partnership, Bain Capital, PwC, McGowan, Morgan Stanley, History, Deutsche Bank, Kirkland & Ellis, Oliver Cromwell, Churrasco, Partner, Sullivan & Cromwell, Capital, Fogo, Growth, Tourism, Management

DALLAS, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Fogo de Chão (“Fogo”), the internationally renowned restaurant brand from Brazil, today announced that it has entered into a definitive agreement to be acquired by Bain Capital Private Equity (“Bain Capital”) to accelerate its growth and expansion. Fogo will continue to operate under its current management team, led by Chief Executive Officer Barry McGowan. Funds affiliated with Rhône Capital (together with certain of their affiliates, “Rhône”) have owned Fogo since taking the company private in 2018. Financial terms of the private purchase were not disclosed.

Key Points: 
  • DALLAS, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Fogo de Chão (“Fogo”), the internationally renowned restaurant brand from Brazil, today announced that it has entered into a definitive agreement to be acquired by Bain Capital Private Equity (“Bain Capital”) to accelerate its growth and expansion.
  • Funds affiliated with Rhône Capital (together with certain of their affiliates, “Rhône”) have owned Fogo since taking the company private in 2018.
  • Under Rhône’s ownership, Fogo experienced rapid growth across markets and is in its third year of 15% annual growth.
  • “Bain Capital shares our vision, and we are excited to leverage their extensive experience investing in and supporting the global growth of restaurant businesses.

Renowned International Restaurant Brand Fogo de Chão to be Acquired by Bain Capital Private Equity from Rhône Capital

Retrieved on: 
Tuesday, August 15, 2023
Retail, Restaurant, Bar, Professional Services, Finance, Partnership, Bain Capital, PwC, McGowan, Morgan Stanley, Multimedia, History, Deutsche Bank, Kirkland & Ellis, Oliver Cromwell, Churrasco, Partner, Sullivan & Cromwell, Capital, Growth, Tourism, Management

Fogo de Chão (“Fogo”), the internationally renowned restaurant brand from Brazil, today announced that it has entered into a definitive agreement to be acquired by Bain Capital Private Equity (“Bain Capital”) to accelerate its growth and expansion.

Key Points: 
  • Fogo de Chão (“Fogo”), the internationally renowned restaurant brand from Brazil, today announced that it has entered into a definitive agreement to be acquired by Bain Capital Private Equity (“Bain Capital”) to accelerate its growth and expansion.
  • Funds affiliated with Rhône Capital (together with certain of their affiliates, “Rhône”) have owned Fogo since taking the company private in 2018.
  • Under Rhône’s ownership, Fogo experienced rapid growth across markets and is in its third year of 15% annual growth.
  • “Bain Capital shares our vision, and we are excited to leverage their extensive experience investing in and supporting the global growth of restaurant businesses.

Bench Accounting Appoints Sarah Hinkfuss, Bain Capital Ventures Partner to Board of Directors

Retrieved on: 
Thursday, August 10, 2023
Fintech, Growth, Bench Accounting, Small business, Entrepreneurship, BCV, Environment, Bain Capital, Bain Capital Ventures, Management, Bank, Bench, United

VANCOUVER, British Columbia, Aug. 10, 2023 /PRNewswire-PRWeb/ -- Bench (www.bench.co), the leading bookkeeping and tax advisory fintech platform, is thrilled to announce the appointment of Sarah Hinkfuss, Partner at Bain Capital Ventures (BCV) as its newest board member. With her extensive experience leading growth-stage fintech and application software startups, Hinkfuss brings a wealth of industry knowledge and a fresh perspective to the company's board of directors.

Key Points: 
  • VANCOUVER, British Columbia, Aug. 10, 2023 /PRNewswire-PRWeb/ -- Bench ( www.bench.co ), the leading bookkeeping and tax advisory fintech platform, is thrilled to announce the appointment of Sarah Hinkfuss , Partner at Bain Capital Ventures (BCV) as its newest board member.
  • With her extensive experience leading growth-stage fintech and application software startups, Hinkfuss brings a wealth of industry knowledge and a fresh perspective to the company's board of directors.
  • "We are excited to welcome Sarah Hinkfuss as our newest board member," said JP Durrios , CEO of Bench Accounting.
  • "Her impressive background in growth investing and deep understanding of the fintech landscape will undoubtedly strengthen our board and help Bench achieve its mission to help every business owner thrive."

EQS-News: JDC Group AG: JDC on a clear growth trajectory in the second quarter of 2023

Retrieved on: 
Thursday, August 10, 2023
Insurance, Bain Capital, Tax, Carbon neutrality, EBIT, CSR, Canada Life, EUR, Advisory, Acquisition, GRI, Guideline, JDC, ISIN, Depreciation, Growth, MVM, Environment, Lithium, Renewable energy, Film industry, Video game, EBITDA

As a result, revenues in the first half of 2023 are up 4.5 percent to EUR 84.6 million (1 HY 2022: EUR 81.0 million).

Key Points: 
  • As a result, revenues in the first half of 2023 are up 4.5 percent to EUR 84.6 million (1 HY 2022: EUR 81.0 million).
  • For the first half of the year, this translates into growth of 11.2 percent to EUR 75.0 million.
  • Through compensation services, the entire JDC Group is already operating completely carbon-neutral as early soon as 2022.
  • The key figures for the first half and the second quarter of 2023 are as follows:

EnterpriseDB (“EDB”) Names Former Microsoft Executive and CEO of Wind River Kevin Dallas as Chief Executive Officer

Retrieved on: 
Tuesday, August 1, 2023
Cloud, Database, Information technology, Bain Capital, Intelligence, Microsoft, TPG, Aptiv, Organization, Acquisition, EDB, Stack Overflow, Growth, Government, AI, EnterpriseDB, Entrepreneurship, MICRO Relational Database Management System, Management, PostgreSQL, Boyajian

Dallas succeeds EDB President, CEO & Chairman of the Board Ed Boyajian, who will remain on the company’s Board of Directors.

Key Points: 
  • Dallas succeeds EDB President, CEO & Chairman of the Board Ed Boyajian, who will remain on the company’s Board of Directors.
  • Postgres is the leading open source database in an $80 billion market and is built to accelerate innovation and modernize database infrastructure.
  • Adopted by global 2000 companies for both mission-critical and new digital experience applications, EDB is uniquely positioned to lead in this space.
  • As CEO, Dallas accelerated the software company’s growth culminating in its $3.5 billion acquisition by Aptiv in 2022.

Bain Capital Closes Inaugural Insurance Fund at $1.15 Billion

Retrieved on: 
Wednesday, July 19, 2023
Professional Services, Insurance, Finance, Partnership, MMC, Trust, 9:20 Special, Investment, Popoli, NYSE, Financial services, Renewable energy, Bain Capital

Bain Capital Insurance , the insurance investing business of Bain Capital, today announced the final close of its inaugural private equity fund, Bain Capital Insurance Fund, L.P. at $1.15 billion, above its initial target of $750 million.

Key Points: 
  • Bain Capital Insurance , the insurance investing business of Bain Capital, today announced the final close of its inaugural private equity fund, Bain Capital Insurance Fund, L.P. at $1.15 billion, above its initial target of $750 million.
  • Bain Capital employees committed the balance of the fund, continuing the firm’s heritage of being the largest investor collectively across its funds.
  • Bain Capital Insurance Fund is focused on middle market transactions in North America and Europe across the entire insurance value chain and draws on Bain Capital’s core capabilities of finding investment opportunities in highly complex, fragmented markets.
  • Bain Capital Insurance has executed several investments that are emblematic of its strategy.