TARC Limited, a leading name in luxury real estate, has reported a staggering 900% year-on-year growth in its Q2 FY2025 presales, amounting to an extraordinary ₹1,012 crore. This unprecedented growth highlights TARC’s rising dominance in India’s luxury real estate market and reflects its continued ability to deliver high-end living spaces. The company revealed this massive […]
Envestnet, Inc., a premier provider of integrated technology and wealth management solutions, has entered into a definitive agreement to be acquired by Bain Capital. The transaction values Envestnet at approximately $4.5 billion, or $63.15 per share, and includes significant investment participation from strategic partners such as BlackRock, Fidelity Investments, Franklin Templeton, and State Street Global […]
In a landmark deal in the education technology sector, PowerSchool Holdings, Inc. (NYSE: PWSC), a preeminent provider of cloud-based software for K-12 education, announced its acquisition by Bain Capital. The transaction, valuing PowerSchool at an impressive $5.6 billion, is set to redefine the landscape of educational technology with significant implications for digital learning. Acquisition Details […]
In a groundbreaking move that has left the pharmaceutical sector buzzing, the Board of Directors of Ind-Swift Laboratories Limited (“Ind-Swift”) announced the blockbuster sale of its active pharmaceutical ingredients (API) and contract research and manufacturing services (CRAMS) divisions to Synthimed Labs Private Limited (“Synthimed”) on September 6, 2023. The mega-deal, valued at a whopping INR […]
Bain Capital, a major international private investment company, has declared that it is set to acquire 90% of both Adani Capital and Adani Housing. This move will take over all the private investments made by the Adani family in these firms. The current Managing Director and CEO, Gaurav Gupta, is to maintain his position, retaining […]
Affiliates of Bain Capital and Hellman & Friedman have wrapped up their previously announced $17 billion acquisition of athenahealth, a US-based healthcare technology firm, from Veritas Capital and Evergreen Coast Capital. The deal was announced in November 2021. athenahealth caters to medical groups and health systems across the US with cloud-based enterprise software solutions. Bob […]
Retail industry news : Gymboree Corporation, an American children’s apparel retailer, has announced its decision to shut down business at about 350 of its stores to channelize its financial resources on potentially profitable locations. According to the latest apparel retail news, the stores closure from the American clothing retailer is in accordance of a court-supervised […]