If you want to make a big deal out of it, chances are Bain Capital will get involved. The private equity and venture capital investor acquires and owns interests in companies in the business services, retail and consumer products, communications, health care, hospitality, and technology sectors across Asia, Europe, and the US. Its diverse portfolio currently includes stakes in such well-known companies as Burlington Coat Factory, Clear Channel Communications, HCA, SunGard Data Systems,The Weather Channel, and HD Supply, the former wholesale business of The Home Depot. The firm has made private equity investments in more than 250 companies since its 1984 founding.
Boston-based Bain's private equity operations are managed as a globally integrated enterprise from offices in the US (Boston, Chicago, New York, Palo Alto), Europe (London, Munich), and Asia (Hong Kong, Mumbai, Shanghai, Tokyo).
Bain Capital has units devoted to private equity investments in Europe, India, and Asia, as well as an affiliate focusing on absolute return investment strategies and a venture capital affiliate that makes late-stage investments in technology firms and technology-intensive health care and business services concerns. Its Brookside Capital affiliate invests in publicly traded companies, and Sankaty Advisors manages high-yield debt obligations (think junk bonds). All told, Bain Capital has some $67 billion of assets under management.
Bain Capital is usually an active long-term investor that often takes seats on its portfolio companies' boards of directors and partners with their management to help foster growth. The firm invests across an array of industries including: consumer, retail and dining; financial and business services, health care; industrial and energy; and technology, media, and telecommunications.
Bain Capital's acquisiton pace has increased as economic conditions improve. It acquired Consolidated Container Company in 2012 and agreed to buy Atento Brasil from Telefonica for about $1.3 billion; Atento is among the largest call center operators in the world. In 2011 the company arranged to take private China Fire & Security, a provider of industrial fire protection systems, for some $265 million. Along with Hellman & Friedman, it agreed to buy Swedish monitored alarm company Securitas Direct for more than $3 billion. Bain Capital also bought Australian accounting software firm MYOB for $1.2 billion and external defibrillator business Physio-Control for $497 million.