Who is the company that bought Adani Capital and Adani Housing?
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Who is Bain Capital
Bain Capital is a private investment firm based in Boston, USA. It specializes in Private Equity, Venture Capital, Credit, Public Equity, Impact Investing, Life Sciences, Crypto, Tech Opportunities, Partnership Opportunities, Real Estate etc sectors. Bain Capital invests in a number of industry sectors and geographic regions. By the year 2022, the firm plans to manage approximately $165 billion of investor capital.
when was the firm formed
Bain Capital Firm was established in the year 1984. This was founded by partners of the consulting firm Bain & Company. Its headquarters are at 200 Clarendon Street in Boston. It has 22 offices in North America, Europe, Asia and Australia.
Has acquired hundreds of companies
Bain Capital Since its inception, it has acquired AMC Theatres, Artisan Entertainment, Aspen Education Group, Apex Tool Group, Brookstone, Burger King, Burlington Coat Factory, Canada Goose, DIC Entertainment, Domino’s Pizza, DoubleClick, Dunkin’ Donuts, D&M Holdings, Guitar Center, Hospital Corporation of America (HCA), iHeartMedia, ITP Aero, KB Toys, Sealy, Has invested in or acquired hundreds of companies including Sports Authority, Staples, Toys. In June 2023, Bain Capital was ranked 13th on Private Equity International’s PEI 300 ranking of the world’s largest private equity firms.
what will ben buy in adani group
Bain Capital has recently entered into an agreement to acquire 90% stake in Adani Capital and Adani Housing. This stake in both the companies is a private investment by the Adani family. Ben has said that the remaining 10 per cent stake in both the companies will remain with Gaurav Gupta. Also, he will continue to be the MD & CEO of these companies. It is noteworthy that Adani Capital is the non-banking financial arm of the Adani Group. This company started its operation in the year 2017.
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