All articles tagged with #bain capital
Bob’s Discount Furniture, a Manchester-based retailer with over 200 stores, has filed for an IPO to list on the NYSE under the ticker 'BOBS', aiming to go public after more than a decade of private ownership by Bain Capital, with plans to raise capital and expand its market presence.
Bristol Myers Squibb and Bain Capital have created a new independent biopharmaceutical company, NewCo, focused on developing innovative immunology therapies for autoimmune diseases, with five assets licensed from BMS and a $300 million investment led by Bain Capital, aiming to address unmet medical needs.
Private equity firms Bain Capital and Hellman & Friedman are in a bidding war to acquire DocuSign Inc, a provider of online signature services with a market value of about $12.5 billion. Blackstone Inc, another buyout firm, is no longer in contention. The outcome is expected in the coming weeks, and while the investment firms have not joined forces, they may partner down the line to clinch a deal. DocuSign shares surged 9.3% on the news, and the company reported quarterly adjusted earnings of 79 cents per share for the quarter that ended in October.
Private equity firms Bain Capital and Hellman & Friedman are reportedly competing to acquire DocuSign Inc, a provider of online signature services with a market value of about $12 billion, causing DocuSign stock to surge more than 9%. The two firms are among the final bidders in the auction for DocuSign, with the possibility of partnering down the line to clinch a deal. Blackstone Inc, another buyout firm, is no longer in contention. DocuSign went public in 2018 at a $6 billion valuation and has seen growth in its quarterly earnings and revenue. The potential acquisition comes amid a slowly improving financing outlook for large leveraged buyouts.
Private equity firms Bain Capital and Hellman & Friedman are in a bidding war to acquire DocuSign Inc, a provider of online signature services with a market value of about $12.5 billion. Blackstone Inc, another buyout firm, is no longer in contention. The outcome of the auction is expected in the coming weeks, and it's possible that the competing firms may partner to clinch a deal. DocuSign's shares rose 9.3% on the news, and the company reported a rise in quarterly adjusted earnings and revenue. This potential acquisition is set to be one of the biggest leveraged buyouts of 2024.
Private equity firm Bain Capital is nearing a deal to acquire consulting firm Guidehouse for $5.3 billion, including debt. The agreement could be announced as early as Monday, according to sources familiar with the matter. Guidehouse, which advises government organizations and businesses, was previously acquired by private equity firm Veritas Capital in 2018.
Bain Capital has announced its plans to acquire a 90% stake in Adani Capital and Adani Housing, buying out the Adani family's private investments in the company. Gaurav Gupta will retain the remaining 10% stake and continue as the Managing Director and CEO of Adani Capital. The investment comes at a time when Adani Group has faced scrutiny and a significant drop in stock value. The transaction aims to position Adani Capital as a standalone company to expand lending, with Bain committing $120 million and an additional liquidity line of $50 million. The deal is expected to close in the fourth quarter of this year.
Bain Capital is seeking to raise $4 billion for a new global "special situations fund" to snap up distressed investments in a broad range of asset classes. The firm has already raised about $2 billion for the new fund and is targeting a final close by the end of the year. Bain Capital's special situations strategy is now a standalone business, investing in a range of asset classes, including equity, distressed assets, loan portfolios, corporate investments, and real estate. Distressed funds have accelerated fundraising efforts over the past few years in anticipation of a downturn following a prolonged period of economic expansion.