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New Deal


Announced

Bain & Co to acquire Rainmaking APAC.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Singapore

venture development

Venture Capital

Acquisition

Cross Border

Majority

Private

Pending

Friendly

Single Bidder

Synopsis

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Bain & Co, a management consulting firm, offered to acquire Rainmaking APAC, a venture-building and start-up development studio. Financial terms were not disclosed. "The region, especially Singapore, is a thriving innovation hub that has continued to attract talent and multinational companies to set up new businesses. Building new engines of growth will continue to be a top priority for our clients. Our Next℠ offering has delivered strong results in innovation and business-building for our clients, and our acquisition of Rainmaking APAC marks the next critical step in scaling our Innovation & Design (I&D) capabilities to create market-leading results for clients," Satish Shankar, Bain Managing Partner of Asia Pacific.

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