Bain Capital

OverIT appoints Daniel Goldstein as Senior Vice President of Product Management

Retrieved on: 
Tuesday, June 6, 2023

BOSTON, June 6, 2023 /PRNewswire/ -- OverIT, a leading provider of Field Service Management software, is pleased to announce the appointment of Daniel Goldstein as its new Senior Vice President of Product Management.

Key Points: 
  • BOSTON, June 6, 2023 /PRNewswire/ -- OverIT, a leading provider of Field Service Management software, is pleased to announce the appointment of Daniel Goldstein as its new Senior Vice President of Product Management.
  • Daniel brings 10+ years of experience in Field Service Management software, having worked with major Utilities, Telecommunications, and Manufacturing customers across North America, Europe, and Japan.
  • Most recently, Daniel served as the Vice President of Product Management at Youreka, where he built field service mobile solutions.
  • Daniel Goldstein added "The depth and breadth of its product made joining the company a tremendous opportunity and easy choice.

OverIT appoints Daniel Goldstein as Senior Vice President of Product Management

Retrieved on: 
Tuesday, June 6, 2023

BOSTON, June 6, 2023 /PRNewswire/ -- OverIT, a leading provider of Field Service Management software, is pleased to announce the appointment of Daniel Goldstein as its new Senior Vice President of Product Management.

Key Points: 
  • BOSTON, June 6, 2023 /PRNewswire/ -- OverIT, a leading provider of Field Service Management software, is pleased to announce the appointment of Daniel Goldstein as its new Senior Vice President of Product Management.
  • Daniel brings 10+ years of experience in Field Service Management software, having worked with major Utilities, Telecommunications, and Manufacturing customers across North America, Europe, and Japan.
  • Most recently, Daniel served as the Vice President of Product Management at Youreka, where he built field service mobile solutions.
  • Daniel Goldstein added "The depth and breadth of its product made joining the company a tremendous opportunity and easy choice.

Mindbody Announces New Additions to the Executive Leadership Team

Retrieved on: 
Thursday, June 1, 2023

SAN LUIS OBISPO, Calif., June 1, 2023 /PRNewswire/ -- Mindbody, the leading technology platform for the wellness industry, today announced the appointment of Brian Fields as Chief Revenue Officer and Sara Diniz as Chief Human Resources Officer.

Key Points: 
  • "As Mindbody continues to expand in 2023, we are excited to welcome Brian and Sara," said Fritz Lanman, CEO of Mindbody.
  • "With their combined leadership expertise and forward-thinking strategic minds, our company will continue to connect the wellness community worldwide."
  • Fields joins Mindbody from Groupon, where he was Chief Commercial Officer managing the brand's $600m+ revenue business, overseeing a team of 700, including sales, marketing, growth, and operations.
  • "I'm thrilled to be joining the Mindbody team during this time of exciting growth for the company."

TrueBridge Expands Into the U.K.

Retrieved on: 
Wednesday, May 10, 2023

Experienced interim executive recruiter Lydia Denham leads TrueBridge’s U.K. operations from London, reporting to CEO David Beuerlein in the U.S.

Key Points: 
  • Experienced interim executive recruiter Lydia Denham leads TrueBridge’s U.K. operations from London, reporting to CEO David Beuerlein in the U.S.
  • Together, their backgrounds exemplify strengths of the TrueBridge offering.
  • Rooted in technology, TrueBridge offers clients an intimate understanding of the talent needs of VC and PE companies.
  • The launch of TrueBridge in the U.K. builds on the success in the U.S., where TrueBridge has made a lasting impact on the leadership teams of large companies like SeatGeek and Recharge.

Carson Group Hires Jen Abboud-Smith to Head Firm's Customer Acquisition Strategy

Retrieved on: 
Thursday, May 4, 2023

OMAHA, Neb., May 4, 2023 /PRNewswire/ -- Carson Group, one of the fastest-growing financial services firms in the country, announced that Jen Abboud-Smith has joined the firm as senior vice president of client acquisition. In this role, she will be responsible for driving Carson Group's lead generation and consumer marketing efforts. 

Key Points: 
  • OMAHA, Neb., May 4, 2023 /PRNewswire/ -- Carson Group , one of the fastest-growing financial services firms in the country, announced that Jen Abboud-Smith has joined the firm as senior vice president of client acquisition.
  • In this role, she will be responsible for driving Carson Group's lead generation and consumer marketing efforts.
  • For years, Carson Group has been recognized as a leading partner for advisors seeking to expand their business.
  • Carson Group currently manages $21 billion in assets and serves more than 46,000 families through its advisory network of more than 460 advisors in 190+ offices located in 36 states.

Ares Management Serves as Lead Arranger and Junior Agent for $3 Billion in Financing to Support the Acquisition of Merchants Fleet by Bain Capital, ADIA and the Merchants Executive Team

Retrieved on: 
Thursday, May 4, 2023

Direct Lending and Alternative Credit strategies served as the lead arranger and junior agent for $3 billion in asset-backed and operating company financing for Merchants Fleet (the “Company”) as part of the acquisition by Bain Capital, a wholly owned subsidiary of the Abu Dhabi Investment Authority (“ADIA”) and the Merchants executive team.

Key Points: 
  • Direct Lending and Alternative Credit strategies served as the lead arranger and junior agent for $3 billion in asset-backed and operating company financing for Merchants Fleet (the “Company”) as part of the acquisition by Bain Capital, a wholly owned subsidiary of the Abu Dhabi Investment Authority (“ADIA”) and the Merchants executive team.
  • BNP Paribas served as financing advisor and program agent for the financing.
  • Founded in 1962, Merchants is the fourth largest provider of fleet management services with over $2 billion in assets under management and over 175,000 managed commercial fleet units across North America.
  • “We appreciate the support and flexibility that Ares provided,” said Brendan P. Keegan, CEO of Merchants Fleet.

BioCatch, the Leading Online Fraud Detection Platform, welcomes Permira Growth Opportunities as a significant shareholder

Retrieved on: 
Wednesday, May 3, 2023

NEW YORK and TEL AVIV, Israel, May 3, 2023 /PRNewswire/ -- BioCatch, the pioneer of behavioral biometrics intelligence and a global leader in digital fraud detection, today announced that Permira Growth Opportunities has acquired a significant minority stake in the company from existing investors, making it the third largest shareholder in the company, following Bain Capital and Maverick Capital. With the support of its shareholders, BioCatch will focus on accelerating opportunities for geographical expansion, product innovation, and potential M&A.

Key Points: 
  • With the support of its shareholders, BioCatch will focus on accelerating opportunities for geographical expansion, product innovation, and potential M&A.
  • "Through our focus on the online fraud detection, customer identity and access management markets, we have long admired BioCatch and have been impressed by the company's performance and offering.
  • We found all of that in BioCatch and believe it is the clear leader in the most critical layer in online fraud detection – behavioral biometrics.
  • We look forward to supporting BioCatch in its next phase of growth," added Ran Maidan, Senior Adviser and Head of Permira in Israel.

SHAREHOLDER ALERT: Weiss Law Reminds MYBF, KBAL, DSEY, and UNVR Shareholders About Its Ongoing Investigations

Retrieved on: 
Wednesday, May 3, 2023

Under the merger agreement, MYBF shareholders will receive 0.9259 shares of CCFNB Bancorp common stock for each share of MYBF common stock owned, representing implied per-share consideration of $63.11 based upon CCFNB Bancorp's May 2, 2023 closing price of $39.00.

Key Points: 
  • Under the merger agreement, MYBF shareholders will receive 0.9259 shares of CCFNB Bancorp common stock for each share of MYBF common stock owned, representing implied per-share consideration of $63.11 based upon CCFNB Bancorp's May 2, 2023 closing price of $39.00.
  • Under the merger agreement, DSEY shareholders (other than shareholders affiliated with Bain Capital Private Equity ("Bain Capital")) will receive $8.40 in cash for each share of DSEY common stock owned.
  • Under the merger agreement, UNVR shareholders will receive $36.15 in cash for each UNVR share, valuing UNVR at $8.1 billion.
  • If you own UNVR shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/unvr
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VISO TRUST Revolutionizing Third-Party Risk Management: Bringing Innovation to the Forefront with AI

Retrieved on: 
Monday, April 24, 2023

SAN FRANCISCO, April 24, 2023 /PRNewswire/ -- VISO TRUST, the emerging cybersecurity company at the forefront of automating vendor due diligence, continues to innovate with AI and machine learning to elevate their approach to third-party risk management. With the release of its expanded platform features and AI capabilities, VISO TRUST is revolutionizing the way companies assess and manage their third-party relationships.

Key Points: 
  • With the release of its expanded platform features and AI capabilities, VISO TRUST is revolutionizing the way companies assess and manage their third-party relationships.
  • "VISO TRUST's complementary combination of expertise and innovation in AI is key to our ability to manage third-party risk.
  • With new beta features including Risk Network, Intelligent Questionnaire Response, and continued innovation, VISO TRUST is revolutionizing the way companies assess and manage their third-party relationships.
  • At VISO TRUST, we prioritize innovation, and that means we're constantly pushing the boundaries of what's possible in third-party and cyber risk management," said Russell Sherman, CTO of VISO TRUST.

KBRA Publishes Rating Report for Bain Capital Specialty Finance, Inc.

Retrieved on: 
Tuesday, April 18, 2023

On February 22, 2023, KBRA assigned issuer and senior unsecured debt ratings of BBB with a Stable Outlook to Bain Capital Specialty Finance, Inc. (“BCSF” or “the company”).

Key Points: 
  • On February 22, 2023, KBRA assigned issuer and senior unsecured debt ratings of BBB with a Stable Outlook to Bain Capital Specialty Finance, Inc. (“BCSF” or “the company”).
  • The BBB ratings of BCSF reflect the company’s strong ties to Bain Capital, LP (“Bain Capital”) and Bain Capital Credit (“BCC”).
  • Bain Capital Credit is owned by Bain Capital, LP, an alternative asset manager with over $160 billion in AUM across multiple strategies at September 30, 2022.
  • Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com .