Private equity firm Bain Capital is reportedly in discussions to purchase education-software provider PowerSchool. The proposed $6 billion deal — still weeks away from being finalized — was reported Wednesday (May 7) by Reuters, citing a source familiar with the matter. Based in Folsom, California, PowerSchool makes...
Private equity group Apax Partners will acquire HR/payroll software firm Zellis from Bain Capital. “Zellis is a recognised leader in the payroll and HR software market, a sector that we know well from previous Apax Fund investments, including Paycor,” Apax Partner Roy Mackenzie said in a news release provided to PYMNTS Monday...
Any innovation worth its salt will bring with it a fair share of questions. And one of the biggest questions surrounding artificial intelligence (AI) was whether the ongoing hype would turn into real, tangible market value. This week, those questions were put strongly to bed by...
Bain Capital’s tech fund for growth companies reportedly stands out from others by not rushing to back the latest artificial intelligence (AI) startups. Darren Abrahamson, a partner on the Bain Capital Tech Opportunities team, told Bloomberg in a report posted Thursday (Feb. 22) that the fund’s...
August 06, 2020
Japan’s history of mobile payments progress is one of the more curious stories in the field. The country was home to one of the world’s first mobile commerce innovations with the DotCoMo mobile wallet all the way back in 2004. And yet Japan remains a heavily cash-based economy, Darren Abrahamson, managing director of Bain Capital […]
October 21, 2019
The mood in the air at the start of the 2010s was different from the one that preceded the start of the 2000s. The shift from 1999 to 2000 was...
October 21, 2019
Recent weeks have seen headlines in the financial press heralding the death of unicorns — tech companies that are (or were) valued at $1 billion or more, that went public,...
May 09, 2024
Bain Capital, a leading private multi-asset alternative investment firm, has made a minority growth investment of $250 million in Sikich, a global technology-enabled professional services company. This investment is expected to accelerate Sikich’s growth and enhance its position as a leader in the professional services industry, the companies said in a Thursday (May 9) press release. Under the leadership of […]
May 08, 2024
Private equity firm Bain Capital is reportedly in discussions to purchase education-software provider PowerSchool. The proposed $6 billion deal — still weeks away from being finalized — was reported Wednesday (May 7)...
April 15, 2024
Private equity group Apax Partners will acquire HR/payroll software firm Zellis from Bain Capital. “Zellis is a recognised leader in the payroll and HR software market, a sector that we know well from previous Apax...
February 22, 2024
Bain Capital’s tech fund for growth companies reportedly stands out from others by not rushing to back the latest artificial intelligence (AI) startups. Darren Abrahamson, a partner on the Bain...
