Announced

Bain Capital to acquire a minority stake in Dhoot Transmission.

Synopsis

Bain Capital, a private equity firm, agreed to acquire a minority stake in Dhoot Transmission, a manufacturer of automotive component. Financial terms were not disclosed. “Our journey over the past two decades has been defined by a commitment to innovation, quality, and trust [...] Partnering with Bain Capital is an exciting opportunity to accelerate this evolution. Their strategic expertise and integrity make them the perfect partner to help us scale globally and pursue emerging opportunities that deliver value to our customers worldwide,” Rahul Dhoot, Dhoot Transmission Group Founder and CEO.

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