A roundup of venture-capital news and analysis from VentureWire and around the Web.
NEW YORK (Reuters) - Bain Capital LLC is in advanced talks to acquire auto parts supplier TI Automotive Ltd in a deal approaching $2 billion, people familiar with the matter said on Tuesday.
Last week, Garantia Data raised $9 million in a Series A round led by Bain Capital and Carmel Ventures. The company had previously raised $3.8 million in seed funding to fund its managed service for deploying and scaling Redis, the popular NoSQL in-memory database. Show More Summary
Harvard MBA candidate Alex Song, who previously worked at Bain Capital and Morgan Stanley, has some excellent advice on Quora on how to crush an investment management interview. Interviewing in investment management is supposed to be...Show More Summary
Like Quantcast but for brick-and-mortar shopping data, not web traffic, InfoScout.co launches to give consumer product brands insight into consumer demographics. With $5 million from Bain Capital, InfoScout machine reads receipts photographed by 100,000 users of its Receipt Hog & Shoparoo apps. Show More Summary
Steven Haas, the owner of Los Angeles-based Collateral Logistics. has filed a RICO lawsuit against Willard Mitt Romney and Bain Capital. Here is the complete text of the press release: Romney Sued for RICO in Fed Court By Collateral Logistics, Inc., CEO Steven (“Laser”) Haas (firstname.lastname@example.org) October 18, 2013 Los Angeles – Steven (“Laser”) Haas […]
Sarah LaFleur spent her early twenties working as a business consultant at Bain Capital. She wore conservative outfits to the office every week, often working thirteen-hour stretches in the same drab suit. "All of my colleagues wore the same three brands," she says. "It's Banana Republic, J.Crew, and then Theory.... More »
What's Wrike's special secret twist? There is none, says the CEO. It's more about doing collaboration right.
This week, BMC Software Inc., which was acquired this week by a private investor group led by Bain Capital LLC (yes, that Bain Capital) and Golden Gate Capital together with Insight Venture Partners, GIC Special Investments Pte Ltd, and Elliott Management Corporation, found out its fate in a tax dispute with IRS.
Stackdriver, a monitoring service for cloud-based applications, today announced that it has raised a $10 million Series B round led by Flybridge Capital Partners, with participation by existing investor Bain Capital Ventures and a number of angel investors. Show More Summary
In case you were under the impression that Barack Obama meant a single word he said on the campaign trail, you should know that he just tapped a management consultant who worked for the evil Bain Capital - that sinister band of corporate...Show More Summary
With the sale of S&P 500 (INDEXSP:.INX) component BMC Software to Bain Capital LLC, a new spot is opening up in the index — and Delta Air Lines, Inc. (NYSE:DAL) has been given the slot. Let’s see why Delta Air Lines, Inc. (NYSE:DAL) was added, and what this development could mean for the airline’s shares. Why Delta? […]
By Ryan Ekvall | Wisconsin Reporter MADISON – Could you be the next Bain Capital? A trio of Republican state lawmakers will introduce legislation on Tuesday that would in effect allow the average Joe to act as venture capitalist. CROWD CAPITAL: Three Republican lawmakers are introducing a bill that taps into a crowd source of...
Here are some things to keep in mind for New Jersey Democrats when they vote in next Tuesday's Democratic senatorial primary. Remember when Booker went on Dancing Dave's show and defended Bain Capital? Appearing on NBC’s “Meet The Press”...Show More Summary
Is a Booker victory next Tuesday inevitable? Here's what the Ledger says. Q-poll. "We don't need a politician in the pockets of Bain Capital" That's Frank Lautenberg's son Josh campaigning for Pallone and describing Booker. He also said:...Show More Summary
Bain Capital’s Hedge Fund Bet On These Stocks
In late July, Brookside Capital, which serves as a long/short equity hedge fund within the larger Bain Capital asset management organization, filed its 13F for the second quarter of 2013 with the SEC, and Monsanto Company (NYSE:MON) was included. This filing discloses many of the fund’s long equity positions in U.S. stocks as of the end [...]
In the midst of his 2012 presidential campaign, Mitt Romney penned an opinion piece for The Wall Street Journal about his time at Bain Capital. Mr. Romney shared his view on problem-solving: “When you see a problem, run toward it or it will only get worse.” The recent brouhaha surrounding Goldman Sachs Group Inc (NYSE:GS) and [...]
He sees a big market opportunity to replace "legacy" IT systems.
? “‘Is there no limit to what this Government will privatise?’: UK plasma supplier sold to US private equity firm Bain Capital: Sell-off puts blood supply at risk”. ? “‘Madrassas are emptying’ for final US fighting season in Afghanistan.” ? “Germany backs away from claims NSA program thwarted five attacks”. Show More Summary