Bain Capital

RBI grants approvals for Bain Capital's joint control in Manappuram Finance

Lender secures approvals for ₹4,385 crore investment, with Bain Capital set to acquire stake and become joint promoter alongside existing shareholders

RBI okays Bain Capital's 41.7% stake acquisition in Manappuram Finance

Gold loan financier Manappuram Finance on Saturday said it has received final approval from the Reserve Bank of India (RBI) for the proposed acquisition up to 41.66 per cent of the company's paid-up equity capital / convertible instruments by affiliates of Bain Capital-- BC Asia Investments XXV Ltd and BC Asia Investments XIV Ltd. The RBI approval, communicated on February 13, 2026, is in connection with the definitive agreements executed on March 20, 2025, under which Bain Capital committed to invest approximately Rs 4,385 crore to acquire an 18 per cent stake on a fully diluted basis through preferential allotment of equity shares and warrants at a price of Rs 236 per share, Manappuram Finance said in a statement. The transaction also triggers a mandatory open offer for the purchase of an additional 26 per cent stake from public shareholders at Rs 236 per share, in accordance with the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, it said. With this ...

Bain Capital's plan to acquire Manappuram Finance delayed by RBI concerns

Bain received approval for the Manappuram deal, which was announced last March, from India's market regulator and the competition commission but the RBI is the final authority for the clearance

Domino's shares surge after report of Bain Capital considering takeover

Billionaire Jack Cowin, the largest shareholder of Domino's Pizza Enterprises, took charge at the company earlier this year to implement a turnaround

Bain, Sattva launch $100 mn co-living platform; Colive raises $20 mn

Sattva-backed Colive partners with Bain Capital to launch a pan-India co-living platform, with $100 million investment to fuel growth and $20 million in additional strategic funding

UST sells subsidiary HealthProof for more than $1 bn to Bain Capital

UST will sell healthcare unit HealthProof to Bain Capital for over $1 bn and use proceeds to expand AI, cloud transformation, and data modernisation platforms

Whirlpool India stake sale: EQT, Bain lead as Reliance, Havells step back

Private equity firms EQT and Bain Capital are leading the race to acquire a 31 per cent stake in Whirlpool India, as rivals like Reliance Industries and Havells withdraw over valuation concerns

Bain Capital divested 1.9% stake in Embassy Office Parks REIT for ₹691 cr

Private investment firm Bain Capital on Thursday divested a 1.9 per cent unitholding in Embassy Office Parks REIT for Rs 691 crore through an open market transaction. US-based Bain Capital through its affiliate APAC Company XXIII sold a little over 1.78 crore units, amounting a 1.87 per cent unitholding in Bengaluru-based Embassy Office Parks REIT (Real Estate Investment Trust), as per bulk deal data on the BSE. The units were disposed of at an average price of Rs 388 apiece, taking the deal value to Rs 691.41 crore. Details of the buyers of Embassy Office Parks REIT units could not be ascertained on the exchange. The units of Embassy Office Parks REIT slipped 1.95 per cent to close at Rs 390.16 each on the BSE. Last month, Embassy Office Parks REIT said it has successfully raised Rs 1,550 crore through the issue of debentures and term loans to refinance its existing debt and save interest costs. The fundraise comprises Rs 750 crore through NCDs, priced at a coupon of 6.97 per ce

Surgery Partners declines Bain Capital bid, stays publicly listed company

Surgery Partners' shares fell more than 13% to $20.10 in premarket trading

Novopor acquires Pressure Chemical to boost specialty chemical scale

Novopor's acquisition of US-based PCC strengthens its specialty chemical platform with expanded technical capabilities, pilot-scale to large-scale manufacturing access

Bain Capital seeks CCI nod to acquire stake in Manappuram Finance

Investment firm Bain Capital on Monday sought the approval of fair trade regulator CCI to acquire a significant stake in non-banking financial company Manappuram Finance through a multi-layered deal. According to the proposed deal, Bain Capital through its two affiliates -- BC Asia Investments XXV and BC Asia Investments XIV -- will acquire stakes in Manappuram Finance Ltd (MFL). The proposed transaction involves four phases, where BC Asia Investments XXV will subscribe to 9.29 crore fully paid-up equity shares of MFL through private placement and preferential allotment. Further, "subscription to 9,29,01,373 warrants of MFL by acquirer 2 (BC Asia Investments XIV), which can be exercised (in one or more tranches) at any point between 4 to 18 months from their date of allotment, each carrying a right to subscribe to 1 equity share of MFL", is also proposed, said a notice filed with CCI (Competition Commission of India). BC Asia Investments XXV and its persons acting in concert are al

Bain Capital gets $136 mn buyout loan for Indian auto parts maker Dhoot

The five-year facility is split into a $111 million term loan and a $25 million revolving credit facility, said the people, who asked not to be identified discussing private matters

Bain Capital to invest Rs 4,835 crore in Manappuram Finance for 18% stake

The acquisition will be through a preferential allotment of equity and warrants at ₹236 per share, a 30 per cent premium over the six-month average trading price

American PE major Bain Capital's deal with Manappuram enters final lap

Deal negotiations got delayed owing to differences over loss-making segments of the Indian company

Buyout firms compete to acquire cybersecurity company Trend Micro: Report

In November, Trend Micro said third-quarter net sales rose 6 per cent to 68.1 billion yen for a 42 per cent jump in operating income to 14.8 billion yen, as its operating margin rose to 24 per cent

KKR raises offer price for Fuji Soft by 4% as Bain enters bidding race

KKR raised its offer price to 9,850 yen ($63.44) per share from 9,451 yen per share, above Bain's most recent offer of 9,600 yen per share in December

Bain Capital buys minority stake in auto components firm Dhoot Transmission

Private equity firm says investment will help Aurangabad-based manufacturer to expand globally

KKR and Bain each bid over $5 bn for Seven & i's York Holdings spin-off

KKR offered around 800 billion yen ($5.1 billion) for York Holdings, an entity due to be spun out of the Japanese retailer, two of the people said

Blackstone, Bain to bid for Mitsubishi pharma unit in up to $3.5 bn deal

Mitsubishi Chemical has hired Goldman Sachs to run the sale process and binding bids are due on Dec. 24, the sources said

BS BFSI Summit: Public listings allow profitable exits for PEs, say experts

Investment leaders from Bain Capital, Samara Capital, BlackSoil Capital, and Multiples Alternate Asset Management speak about capital flow, business and startup growth at the BS BFSI Insight Summit