Bain & Co to acquire Rainmaking APAC.

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.