Bain & Company to acquire Tech Economy.

Bain & Company agreed to acquire Tech Economy, a technology specialty consulting firm with deep expertise working with private equity firms on technology due diligences. Financial terms were not disclosed. Tech Economy helps investors to assess the underlying technology of the assets they are seeking to acquire. Tech Economy’s team of professionals and technologists have completed more than 200 assignments for technology investors and strategic buyers and built strong relationships with clients in Europe and North America. "Technology due diligence is not just something that is limited to the technology sector, which has boomed over the past few years. It has become critical for private equity investors to understand the technological infrastructure and processes of any digitally enabled business in sectors ranging from retail to healthcare to financial services, just to name a few," Hugh MacArthur, Bain & Company Global Head of Private Equity practice.