Bain

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.

Bold steps go Further: Bain & Company's integrated suite of ESG capabilities brings the full force of the firm's talent, expertise and energy to create a more sustainable, equitable and inclusive world

Wednesday, June 9, 2021 - 4:41pm

Bain teams worked to increase supply of critical equipment and expand treatment options for Covid-19.

Key Points: 
  • Bain teams worked to increase supply of critical equipment and expand treatment options for Covid-19.
  • Bain's clients are facing increasing and often existential demands around sustainability, social impact, and diversity, equity and inclusion (DEI).
  • A decade ago, Bain formalized its Sustainability & Corporate Responsibility practice to support the firm's corporate clients on their journeys.
  • We complement our tailored, integrated expertise with a vibrant ecosystem of digital innovators to deliver better, faster, and more enduring outcomes.

II-VI Incorporated Receives $350 Million Additional Equity Commitment from Bain Capital

Wednesday, June 9, 2021 - 1:30pm

PITTSBURGH, June 09, 2021 (GLOBE NEWSWIRE) -- IIVI Incorporated (Nasdaq: IIVI), a leader in engineered materials and optoelectronic components, today announced that Bain Capital will make an additional equity investment of $350 million in II-VI, increasing its total equity commitment to the Company to $2.15 billion.

Key Points: 
  • PITTSBURGH, June 09, 2021 (GLOBE NEWSWIRE) -- IIVI Incorporated (Nasdaq: IIVI), a leader in engineered materials and optoelectronic components, today announced that Bain Capital will make an additional equity investment of $350 million in II-VI, increasing its total equity commitment to the Company to $2.15 billion.
  • As previously disclosed, on March 31, 2021, the Company sold 75,000 shares of a new SeriesB-1Convertible Preferred Stock to Bain Capital for $10,000 per share and an aggregate purchase price of $750 million.
  • As a result, Bain Capital will have purchased a total of $2.15 billion of II-VIs Series B Convertible Preferred Stock.
  • This press release contains forward-looking statements relating to future events and expectations that are based on certain assumptions and contingencies.

Bain & Company celebrates its 10th anniversary as a 100% CarbonNeutral® firm

Thursday, June 3, 2021 - 3:20pm

"Bain & Company is a sustainability leader within the management consulting industry, setting the standards for improving performance across all ESG metrics," said SamIsraelit ,partner and Bain'sChief Sustainability Officer.

Key Points: 
  • "Bain & Company is a sustainability leader within the management consulting industry, setting the standards for improving performance across all ESG metrics," said SamIsraelit ,partner and Bain'sChief Sustainability Officer.
  • Bain & Company's carbon neutral status is the result of initiatives at all levels to reduce the firm's carbon footprint.
  • Globally, Bain has reached its goal of purchasing 100% of its energy from renewable sources a year ahead of target.
  • Bain & Company is a global consultancy that helps the world's most ambitious change makers define the future.

ALM Intelligence Names Bain & Company As A Leader In Workforce Management Services For 2021

Monday, May 10, 2021 - 6:21pm

b'BOSTON, May 10, 2021 /PRNewswire/ --Bain & Company, a global management consulting firm, has been recognized as a leader in workforce management services by ALM Intelligence (ALM), an information and intelligence company.

Key Points: 
  • b'BOSTON, May 10, 2021 /PRNewswire/ --Bain & Company, a global management consulting firm, has been recognized as a leader in workforce management services by ALM Intelligence (ALM), an information and intelligence company.
  • In its 2021-2022 ALM Intelligence Workforce Management Services report, ALM positions Bain\'s workforce management capabilities as "an essential tool for building the organizational capabilities required to successfully execute strategy.
  • "\nFor more than two decades, Bain has advised more than 6,000 Human Capital client engagements, earning its reputation for what ALM identifies as a "pioneer and champion of change management."
  • ALM concluded that this perspective allows Bain to align workforce management with corporate strategy and culture to "activate the employee experience and accelerate business outcomes.

Headed For The Hills--Of Austin: Bain & Company Launches An Austin Office

Tuesday, April 27, 2021 - 1:00pm

b'AUSTIN, Texas, April 27, 2021 /PRNewswire/ --Bain & Company has officially launched an Austin office, which will serve clients across the Austin and San Antonio areas, reinforcing Bain\'s strength as the go-to consulting firm for tech companies and tech talent.

Key Points: 
  • b'AUSTIN, Texas, April 27, 2021 /PRNewswire/ --Bain & Company has officially launched an Austin office, which will serve clients across the Austin and San Antonio areas, reinforcing Bain\'s strength as the go-to consulting firm for tech companies and tech talent.
  • Bain launched its Austin office virtually, amid the pandemic, and is preparing its physical space in downtown Austin to be a postpandemic hub for creativity and collaboration in the vibrant Austin market.\n"Bain & Company has been working with clients in the Austin and San Antonio area for decades, and this move brings us closer to many of our enduring clients," said Peter Bowen , a partner at Bain & Company and head of the Bain Austin office.
  • "\nBain Austin rounds out the trio of Bain Texas offices, which also includes facilities in Dallas and Houston.
  • Collectively, Bain Texas was named as one of Fortune and Great Place to Work\'s "Best Workplaces in Texas" for 2021.

Social Innovation Leader GreenLight Fund Announces $4 Million Commitment from Bain Capital to Scale Positive Impact Nationwide in Partnership with Communities

Tuesday, April 20, 2021 - 12:00pm

\xe2\x80\x9cWe are so thankful for Bain Capital\xe2\x80\x99s support, which will have a huge impact on so many children and families.

Key Points: 
  • \xe2\x80\x9cWe are so thankful for Bain Capital\xe2\x80\x99s support, which will have a huge impact on so many children and families.
  • Through Bain Capital Community Partnership , we have supported a wide array of charitable and nonprofit organizations in communities around the world with our time, expertise and resources.
  • The firm has offices on four continents, more than 1,200 employees and approximately $130 billion in assets under management.
  • To learn more, visit www.baincapital.com or follow Bain Capital on LinkedIn and Twitter .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210420005426/en/\n"

Directors Academy Expands NextGen Directors Program to Accelerate Diverse and Underrepresented Talent on Private Equity Company Boards

Monday, April 19, 2021 - 1:00pm

Bain Capital will support the NextGen Program across the private capital and alternative assets industry with the goal of developing future directors for placement on private equity and private company boards.

Key Points: 
  • Bain Capital will support the NextGen Program across the private capital and alternative assets industry with the goal of developing future directors for placement on private equity and private company boards.
  • Bain Capital is the exclusive sponsor of the private equity development track and will serve on the Directors Academy Board.\nThis press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20210419005137/en/\nThe NextGen Director's Program provides governance education and training for future corporate board members from diverse backgrounds who are underrepresented on boards of directors.
  • As part of the partnership, Bain Capital will provide content development, business case examples, and faculty for the Private Equity track.

II-VI Incorporated Provides Detail on Proposed Equity Investment from Bain Capital

Tuesday, March 16, 2021 - 12:00pm

PITTSBURGH, March 16, 2021 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, today provided additional information on the terms of Bain Capitals proposed equity investment in the Company.

Key Points: 
  • PITTSBURGH, March 16, 2021 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, today provided additional information on the terms of Bain Capitals proposed equity investment in the Company.
  • The conversion prices will be subject to customary adjustment for certain events relating to the capital stock of the Company.
  • Bain has indicated that the initial board member is expected to be Steve Pagliuca, Co-Chairman of Bain Capital.
  • A presentation further discussing Bain Capitals proposed equity investment can be viewed on the Companys website at www.ii-vi.com/investor-relations.