By Sarah Syed and Kiel Porter (Bloomberg) — Norwegian cruise operator Hurtigruten ASA has attracted interest from buyout firms EQT Partners AB, Bain Capital and TPG, according to people familiar with the situation. The company’s owner, TDR Capital, is working with Goldman Sachs Group Inc. Show More Summary
Redis Labs, the company behind the open source Redis data structure store, today announced that it has raised a $14 million Series C round led by Bain Capital Ventures and Carmel Ventures. The company’s existing investors, including Silicon Valley Bank and Tamar Ventures managing partner Zohar Gilon, also participated in this round. Show More Summary
When Mitt Romney ran for president four years ago, his estimated $250 million fortune was quickly turned into a liability by Democrats, who painted the former Bain Capital chief as out of touch with Americans still struggling to recover...Show More Summary
It’s starting to happen like clockwork. Firms are closing new funds almost exactly 24 months to the date from their last fund closing. The newest example? Bain Capital Ventures (BCV), which this morning announced a new, $600 million fund. Show More Summary
SILICON VALLEY—The startup funding slowdown is forcing Bay Area founders to ramp up operations outside of the region, venture investors on a Silicon Valley Business Journal panel said Wednesday. Bain Capital Ventures partner Indy Guha...Show More Summary
BevSpot has found a problem worth solving: preventing your local bar from running out of your favorite tipple. Raising an $11 million Series B round from Bain Capital Ventures and other select drinking buddies, the company will be upping its product development and global market expansion in the web-based beverage management space. Read More
Investors backing the deal included private equity firm Silver Lake, which said it would double the $500 million investment in convertible notes in Symantec it announced in February. Private equity firm Bain Capital, which is the majority shareholder in Blue Coat, said it will invest $750 million in convertible notes.
Healthcare data science company Apixio Inc., today announced that it has raised $19.3 million in Series D funding led by SSM Partners with participation from First Analysis, Bain Capital Ventures and Apixio’s largest angel investor. Apixio...Show More Summary
This article is part of DBA, a series on Mashable about running a business that features insights from leaders in entrepreneurship, venture capital and management. Unproductive meetings have reached epidemic status in America. Bain & Company, using analytics tools from VoloMetrix, examined the time budgeting of several large corporations. Show More Summary
By Denny Thomas HONG KONG (Reuters) - McDonald's Corp is targeting private equity firms, including Bain Capital, MBK Partners, TPG Capital Management and Chinese state-backed conglomerate China Resources (Holdings) for its planned sale of 2,800 restaurants in North Asia, people familiar with the matter told Reuters. Show More Summary
In 2011, former Bain Capital executive Edward Conrad decided to give $1 million to the super-PAC supporting the presidential bid of his pal Mitt Romney. But he didn't contribute the cash directly. Instead, he put the money in a generically named shell company he had recently created, which then cut a check to the super-PAC, Restore Our Future. Show More Summary
Now that’s a screaming case of the cat calling the kettle black if there every was one. Mitt Romney has lashed out at The Donald for being a “phony and fraud”, but consider this. During his 16-years at Bain Capital, fully one-fourth...Show More Summary
(Reuters) - Medical device maker Stryker Corp said it would buy Physio-Control International Inc for $1.28 billion in cash to expand its emergency medical services business. Physio-Control is a unit of Bain Capital Private Equity, and develops cardiac devices such as defibrillators. Show More Summary
Semantic Machines, a startup with speech recognition technology and talent from Apple and Google, disclosed today that it has raised $12.3 million in new funding. Investors from Bain Capital Ventures and General Catalyst Partners are listed in the filing the startup submitted to the U.S. Securities and Exchange Commission. Last year Semantic Machines named Larry […]
The U.S. firm has sold its remaining $116 mln stake in Hero MotoCorp four years after investing in the world’s largest motorbike maker. In rupee terms, Bain doubled its money in four years. As private equity pours into India, it’s a reminder that getting money out remains harder.
On the Web Banks and Fintech Firms’ Relationship Status: It’s Complicated - Wall St. Journal - “The classic narrative is the Silicon Valley firebrand who’s taking on the system,” said Matt Harris, managing director of Bain Capital Ventures, an early Simple investor. Show More Summary
EXCLUSIVE: Blue Coat Systems, a security vendor owned by Bain Capital, is acquiring Elastica, a startup that detects potentially dangerous use of cloud applications. Blue Coat is paying more than $300 million for the startup and plans to announce the news as soon as Monday, a source familiar with the matter told VentureBeat. Blue Coat sells hardware that […]
Deutsche Bank and Sankaty Advisors, a Bain Capital affiliate, were selected as the final bidder for the commercial lending and leasing businesses.
Barry Silbert's new Bitcoin company raised an undisclosed sum from traditional financial firms and venture investors, many of whom have not invested in a digital currency company before.
Barry Silbert doesn't appear to be a big fan of 'down time.' He sold SecondMarket, the startup he founded that morped into an online stock exchange for hot, private startups' shares, to Nasdaq last week. Now he is setting up bitcoin-related...Show More Summary