39 Facts About Bain Capital


Bain Capital is an American private investment firm based in Boston.

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Bain Capital invests across a range of industry sectors and geographic regions.

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Bain Capital is headquartered at 200 Clarendon Street in Boston with 22 offices in North America, Europe, Asia, and Australia.

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Bain Capital later became referred to as managing director or CEO as well.

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Bain Capital partners put in $12 million of their own money and sourced the rest from wealthy individuals.

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Bain Capital team was initially reluctant to invest its capital.

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Bain Capital eventually reaped a nearly sevenfold return on its investment, and Romney sat on the Staples board of directors for over a decade.

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In July 1992, Bain Capital acquired Ampad from Mead Corporation, which had acquired the company in 1986.

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Bain Capital ceased trading on the New York stock exchange on December 22,2000 and filed for bankruptcy in 2001.

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In 1994, Bain Capital acquired Totes, a producer of umbrellas and overshoes.

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Three years later, Totes, under Bain Capital's ownership, acquired Isotoner, a producer of leather gloves.

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In 1994, Bain Capital invested in Steel Dynamics, based in Fort Wayne, Indiana, a prosperous steel company that has grown to the fifth largest in the US, employs about 6,100 people, and produces carbon steel products with 2010 revenues of $6.

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In 1993, Bain Capital acquired the Armco Worldwide Grinding System steel plant in Kansas City, Missouri and merged it with its steel plant in Georgetown, South Carolina to form GST Steel.

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The Kansas City plant had a strike in 1997 and Bain Capital closed the plant in 2001 laying off 750 workers when it went into bankruptcy.

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In 1994, Bain, together with Goldman Sachs Capital Partners completed a carveout acquisition of Dade International, the medical diagnostics division of Baxter International in a $440 million acquisition.

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In practice, former Bain Capital partners have stated that Romney's attention was mostly occupied by his Olympics position.

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Bain Capital did stay in regular contact with his partners, and traveled to meet with them several times, signing corporate and legal documents and paying attention to his own interests within the firm and to his departure negotiations.

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Bain Capital purchased Bain Capital's interest in 2004 and took the company public the following year.

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Bain Capital began the new decade by closing on its seventh fund, Bain Capital Fund VII, with over $3.

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In early 2001, Bain Capital agreed to purchase a 30 percent stake, worth $600 million, in Huntsman Corporation, a leading chemical company owned by Jon Huntsman, Sr.

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In November 2003, Bain Capital completed an investment in Warner Music Group through an acquisition by Edgar Bronfman Jr.

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In 2004 Bain Capital acquired the Dollarama chain of dollar stores, based in Montreal, Quebec, Canada and operating stores in the provinces of Eastern Canada for $1.

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In January 2006, Bain Capital announced the acquisition of Burlington Coat Factory, a discount retailer operating 367 department stores in 42 states, in a $2 billion buyout transaction.

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In June 2007, Bain Capital agreed to acquire HD Supply, the wholesale construction supply business of Home Depot for $10.

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Since 2008, the Bain Capital subsidiary has completed a number of transaction types, including minority ownership, majority ownership, and completely-funded acquisitions.

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Bain Capital partnered with Thomas H Lee Partners to acquire Clear Channel Communications in July 2008.

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Later that year, Bain Capital agreed to purchase four divisions of CRH for roughly $650 million.

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Later that year, Bain Capital partnered with Cinven to take German company Stada Arzneimittel private.

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Bain Capital invested in health insurance brokerage firm Enhance Health.

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On November 5,2021, it was reported that Bain Capital planned to list Brillio on the NASDAQ, with an IPO that included a debt of $3 billion or more.

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Bain Capital invested $200 million into When I Work, a scheduling platform created by Drive Capital.

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Bain Capital's businesses include private equity, venture capital, public equity, and credit.

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Historically, Bain Capital has primarily relied on private equity funds, pools of committed capital from pension funds, insurance companies, endowments, fund of funds, high-net-worth individuals, sovereign wealth funds, and other institutional investors.

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Bain Capital Ventures has funded the launch and growth of several companies, including Docusign, Jet.

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Originally founded as Sankaty Advisors, Bain Capital Credit is the fixed income affiliate of Bain Capital, a manager of high yield debt securities.

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In 2017, Bain Capital Credit closed its first credit fund in Asia, focusing on distressed debt in the region.

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Bain Capital Credit has pursued distressed debt strategies in Europe.

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In November 2018, Bain Capital Credit took Specialty Finance, a business development company, public through an IPO.

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In 2015, Bain Capital hired Deval Patrick, former Massachusetts Governor, to lead the new business division.

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