Announced

Completed

XMachina-AI completed the acquisition of Bain Public.

Synopsis

XMachina-AI, a provider of a platform for the acquisition of AI, completed the acquisition of Bain Public, a management consulting firm. Financial terms were not disclosed. “We see the Bain Public acquisition as part of a strategic growth strategy for XMachina. Firstly we have an opportunity to grow XMachina revenues through the continued development of the Bain Public brand while adding a layer of in house product expertise for the targets that we acquire. Paul’s personal expertise developed in the Silicon Valley and Montréal ecosystems and proprietary management coaching programs have enabled him and his team to build a successful niche services company geared towards the enhancement of enterprise value through defined approaches to product roadmap delivery. Bain Public’s presence across the Montréal AI accelerator ecosystem will also bring top rated deal flow and presence to XMachina," Claude Theroret, XMachina AI CEO.

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