Bain Capital

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

Retrieved on: 
Wednesday, May 3, 2023
PGO, Growth, TEL, Senior advisor, Intelligence, Fraud, Maverick Capital, Behavior, Bain Capital, Cryptocurrency, Permira

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
Kimball International, Univar Solutions, Bain Capital, HNI, Curie–Weiss law, Multimedia, Apollo, Diversey Holdings, Acquisition, HNI Corporation, OTC, Law, KBAL, NYSE, Security (finance), Solenis

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
    View original content to download multimedia: https://www.prnewswire.com/news-releases/shareholder-alert-weiss-law-rem...

VISO TRUST Revolutionizing Third-Party Risk Management: Bringing Innovation to the Forefront with AI

Retrieved on: 
Monday, April 24, 2023
Software as a service, Risk, GRC, Bain Capital, Risk management, Australian Vaccination-risks Network, CISO, Intelligence, Oracle, Documentation, Collection, Machine learning, SAN, Artifact, TRUST, Sales, Online shopping, AI

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
Banking, Professional Services, Finance, FV, KBRA, BDC, Delaware General Corporation Law, BBB, AUM, Investment, Risk, Business Development Company, ESG, BCC, NYSE, RIC, Security (finance), Telescopic sight, Bain Capital, LP

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 .

iManage, Global Leader in Document, Governance, and Knowledge Solutions, Announces Strategic Growth Investment by Bain Capital Tech Opportunities

Retrieved on: 
Tuesday, April 11, 2023
Knowledge, Organization, AI, Accounting, Partnership, Partner, Lazard, Kirkland, Workflow, IManager, Bain Capital, Kirkland & Ellis, Management

CHICAGO, April 11, 2023 (GLOBE NEWSWIRE) -- iManage , the company dedicated to Making Knowledge Work™, today announced a strategic growth investment from Bain Capital Tech Opportunities, to accelerate its organic growth and the continued evolution of its cloud-based, AI-enabled knowledge work platform.

Key Points: 
  • CHICAGO, April 11, 2023 (GLOBE NEWSWIRE) -- iManage , the company dedicated to Making Knowledge Work™, today announced a strategic growth investment from Bain Capital Tech Opportunities, to accelerate its organic growth and the continued evolution of its cloud-based, AI-enabled knowledge work platform.
  • iManage will continue to operate under the leadership of the existing management team, led by its CEO and co-founder Neil Araujo.
  • The minority investment by Bain Capital Tech Opportunities will help iManage build on the increasingly important role it plays enabling knowledge-based organizations to work productively, improve information governance, optimize workflow, and collaborate seamlessly.
  • Endorsement by Bain Capital Tech Opportunities is a testament to the strength of the current business we have developed and the potential opportunity to grow and have a lasting impact,” said Neil Araujo, CEO, iManage.

Evident Acquired by Bain Capital: Partnership to Accelerate Future Growth and Innovation

Retrieved on: 
Monday, April 3, 2023
Evidence, Capital, Olympus, Olympus Corporation, History, Tecmar, Bain Capital, Renewable energy, Management

TOKYO, April 03, 2023 (GLOBE NEWSWIRE) -- Evident Corporation (“Evident”) announced today that it has been acquired by private equity firm Bain Capital Private Equity (“Bain Capital”) from Olympus Corporation (“Olympus”) pursuant to the definitive agreement signed on August 29, 2022.

Key Points: 
  • TOKYO, April 03, 2023 (GLOBE NEWSWIRE) -- Evident Corporation (“Evident”) announced today that it has been acquired by private equity firm Bain Capital Private Equity (“Bain Capital”) from Olympus Corporation (“Olympus”) pursuant to the definitive agreement signed on August 29, 2022.
  • Evident was newly established on April 1, 2022 as a wholly owned subsidiary of Olympus comprising the former Scientific Solutions business conducted by Olympus.
  • Headquartered in Tokyo, Japan, Evident conducts business in 24 countries worldwide with more than 4,300 employees.
  • Supported by Bain Capital, Evident will attain a higher level of agility and faster decision-making to drive innovation-based growth in the life science and industrial markets.

Tom Cameron becomes OverIT's new Chief Revenue Officer

Retrieved on: 
Wednesday, April 12, 2023
Software as a service, Augmented reality, FSM, Bain Capital, SAAS, Geographic information system, Autodesk, Field service management, Cloudwords, AR, Management, Music, B2B, Lifesize

BOSTON, April 12, 2023 /PRNewswire/ -- OverIT, leading Field Service Management software provider, has announced the appointment of Tom Cameron, as its new Chief Revenue Officer (CRO), a role reporting to OverIT's CEO and Chairman, Paolo Bergamo.

Key Points: 
  • BOSTON, April 12, 2023 /PRNewswire/ -- OverIT, leading Field Service Management software provider, has announced the appointment of Tom Cameron, as its new Chief Revenue Officer (CRO), a role reporting to OverIT's CEO and Chairman, Paolo Bergamo.
  • "Tom brings to OverIT a tremendous experience in selling enterprise technologies and B2B software-as-a-service (SaaS) products.
  • "We are fortunate to have Tom join our team and we look forward to continuing to deliver unprecedented value and results to our customers and partners."
  • We have an enviable position in this market, with a top-notch professional service organization making the most of its 20-year expertise in this industry.

Tom Cameron becomes OverIT's new Chief Revenue Officer

Retrieved on: 
Wednesday, April 12, 2023
Software as a service, Augmented reality, FSM, Bain Capital, SAAS, Geographic information system, Autodesk, Field service management, Cloudwords, AR, Management, Music, B2B, Lifesize

BOSTON, April 12, 2023 /PRNewswire/ -- OverIT, leading Field Service Management software provider, has announced the appointment of Tom Cameron, as its new Chief Revenue Officer (CRO), a role reporting to OverIT's CEO and Chairman, Paolo Bergamo.

Key Points: 
  • BOSTON, April 12, 2023 /PRNewswire/ -- OverIT, leading Field Service Management software provider, has announced the appointment of Tom Cameron, as its new Chief Revenue Officer (CRO), a role reporting to OverIT's CEO and Chairman, Paolo Bergamo.
  • "Tom brings to OverIT a tremendous experience in selling enterprise technologies and B2B software-as-a-service (SaaS) products.
  • "We are fortunate to have Tom join our team and we look forward to continuing to deliver unprecedented value and results to our customers and partners."
  • We have an enviable position in this market, with a top-notch professional service organization making the most of its 20-year expertise in this industry.

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

Retrieved on: 
Monday, April 10, 2023
Kimball International, Univar Solutions, Bain Capital, HNI, Multimedia, Diversey Holdings, Acquisition, HNI Corporation, OTC, Law, Abu Dhabi Investment Council, Abu Dhabi Investment Authority, KBAL, NYSE, MPB, Solenis

Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Kimball International, Inc. (NASDAQ: KBAL), in connection with the proposed acquisition of KBAL by HNI Corporation ("HNI").

Key Points: 
  • Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Kimball International, Inc. (NASDAQ: KBAL), in connection with the proposed acquisition of KBAL by HNI Corporation ("HNI").
  • Under the terms of 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.
  • The transaction includes a minority investment from the Abu Dhabi Investment Authority ("ADIA").

Spencer Trask & Co. Venture Fastcase Merges with Legal Intelligence Platform vLex

Retrieved on: 
Tuesday, April 4, 2023
Register, Bain Capital, Congressional Record, Res judicata, Spencer Trask & Co., Federal, Collection, Khosla Ventures, Walters, Capital, Education minister, Artificial intelligence, United, Cryptocurrency, Management, O'Kroley v. Fastcase, Inc.

NEW YORK, April 4, 2023 /PRNewswire/ -- Advanced technology development firm Spencer Trask & Co. today announced the merger of Fastcase with vLex in a transaction funded by private equity firms Bain Capital and Oakley Capital.  The new venture provides a combined 3.8 million users in over 100 countries with smart access to the most extensive collection of legal and regulatory information in the world.

Key Points: 
  • Spencer Trask & Co. Chairman, Kevin Kimberlin
    Spencer Trask & Co. was the first institutional investor in Fastcase and its largest shareholder.
  • "We are really proud to see Fastcase take its mission to the global stage," said Spencer Trask & Co. Chairman, Kevin Kimberlin .
  • "Artificial intelligence and data analytics technology, used routinely elsewhere, will be demanded by discerning legal clients in the future," said Ed Walters, Fastcase co-founder and CEO.
  • "From the beginning, Spencer Trask supported our mission to democratize the law in the United States.