Bain Capital LP
Bain Capital is a privately-held investment firm, headquartered in Boston, Massachusetts. It specialises in private equity, public equity, credit, venture capital, and real estate. The firm invests across a range of industry sectors and geographic regions.
The firm has offices in New York City, Chicago, Palo Alto, San Francisco, Dublin, London, Munich, Hong Kong, Shanghai, Mumbai, Tokyo, Melbourne and Sydney.ref
Bain Capital Ventures invests in Capital markets/institutions, commercial services, communications and networking, healthcare devices and supplies, pharmaceuticals and biotechnology, software.
Staples Inc, Domino's Pizza Inc, Sports Authority, AMC Theatres, Artisan Entertainment, Aspen Education Group, Brookstone, Burlington Coat Factory, Canada Goose, DIC Entertainment, DoubleClick, D&M Holdings, Guitar Center, Hospital Corporation of America, iHeartMedia, Sealy Corporation (mattress mnf), Sports Authority, Toys "R" Us, Warner Music Group, Fingerhut, The Weather Channel, Apple Leisure Group (incl. AMResorts + Apple Vacations), Warner Music Group, Brenntag AG, Bombardier, LinkedIn, Jet.com, Shopping.com, SurveyMonkey. Also has a stake in Youngs Seafood Ltd,see CH
- Dec.2014: CRH plc: Bain Capital purchased 4 of CRH plc's divisions, including its subsidiary Ibstock.ref
- Nov.2014: Virgin Holidays Cruises: Bain Capital and Virgin Group announced they were creating a new cruise line.ref
- 2007: Brakes was bought from Clayton, Dubilier & Rice. Sold to Sysco Corporation in 2016.
- Aug.2006: Philips Semiconductors: Bain was part of the consortium, together with Kohlberg Kravis Roberts, Silver Lake Partners and AlpInvest Partners, that acquired a controlling 80.1% share of of Royal Philips's semiconductors unit. The new company, based in the Netherlands, was renamed NXP Semiconductors.refref
- Mar.2006: Dunkin' Brands Inc, owner of the Dunkin' Donuts and Baskin-Robbins brands, was bought from Pernod Ricard SA by a consortium of private equity firms consisting of Bain Capital, the Carlyle Group and Thomas H Lee Partners LP.ref,ref,ref,ref Dunkin' Brands Inc was renamed Dunkin' Brands Group Inc after the transaction.ref Brands: Dunkin' Donuts, Baskin-Robbins, Togo's Eateries Inc.arch-link
- Nov.2007: Togo's Eateries was sold to US private equity firm Mainsail Partners.ref
- Jul.2011: Dunkin' Brands Group Inc was floated on the NASDAQ Global Select Market. The consortium cashed out their investment through stock sales, retaining a 30% stake.ref
- Jul.2012: The consortium took a $500m stock buyback, and exited.
- Dec.2002: Burger King was acquired from Diageo plc by a consortium led by US private equity firm TPG Capital LP (31%), with Goldman Sachs Capital Partners and Bain Capital.ref
- Jul.1996: Experian: Bain Capital and Thomas H Lee Partners LP acquired TRW Inc's subsidiary, TRW Information Systems & Services.
- Aug.1996: GUS plc made an offer for TRW IS&S, which was (eventually) accepted.
- Sept.1996: The acquisition of TRW IS&S was finalised, with TRW Inc retaining ~20% stake. The business was re-branded as Experian.
- Nov.1996: The deal between GUS plc, Bain Capital and Thomas H Lee was completed, with GUS's CCN Group acquiring Experian, and promptly hiving it up.ref
- Feb.2018: Bain Capital Real Estate was formed when Harvard Management Company shifted management and staff of its real estate investment portfolio to Bain Capital.refref
- Apr.2016: Bain Capital Credit: BCC is the fixed income affiliate, and invests in a wide variety of securities, including leveraged loans, high-yield bonds, distressed securities, mezzanine debt, convertible bonds, structured products and equity investments. Website
- Apr.2016: Bain Capital Credit and Bain Capital Public Equity: credit affiliate Sankaty Advisors and its public-equity unit Brookside Capital were rebranded. Sankaty will operate as "Bain Capital Credit", and Brookside will operate as "Bain Capital Public Equity".ref,ref
- 2001: Bain Capital Ventures: the venture capital division invests in securities of publicly traded companies that offer opportunities to realize substantial long-term capital appreciation.
- 1997: Sankaty Advisors LLC was founded by Jonathan Lavine as Bain Capital's credit affiliate.ref,ref, Website
- Oct.1996: Bain Capital Public Equity ...
- 1990s: The firm adjusted its strategy to focus on leveraged buyouts and growth capital investments in more mature companies. The model was to buy existing firms with money mostly borrowed against their assets, partner with existing management to apply Bain methodology to their operations, and sell them off in a few years.refref
- 1989: Bain Capital Private Equity: Bain began investing in Europe in 1989 through its London-based affiliate Bain Capital Europe.ref Bain also operates international affiliates, Bain Capital Asia and Bain Capital India. Website
- 1980s: The firm focused on venture capital opportunities.ref
- 1984: Bain Capital: the alternative investment business was spun off by partners from Bain & Company: Bill Bain, Mitt Romney, T Coleman Andrews III, and Eric Kriss.
- ?date?: Brookside Capital ...
- ?date? Bain & Company established an alternative investment business - an independent private equity firm that would buy companies that Bain & Company partners would improve and re-sell, and whose funds these partners invested in.ref
- 1973: Bain & Company was founded as a management consultancy firm.ref, Bain & Company