Bain Capital to acquire a stake in Berlin Brands Group from Ardian for $700m.

Bain Capital, a private investment firm, agreed to acquire a stake in Berlin Brands Group, an operator of a portfolio of vertical commerce companies, from Ardian, an assets manager, for $700m. "With Bain Capital's commitment and the additional funding secured, we have set our next milestone on our path to building a global house of brands. This allows us to tackle strategic goals of acquiring and developing brands globally, as well as the operational and logistical expansion. Bain Capital's experience working with founders worldwide will help us continue our evolution as a leading e-commerce company in scaling brands," Peter Chaljawski, BBG CEO.