Bain & Company Invests in Ashling Partners to Expand Automation Capabilities

Thomas H. Lee Partners Provides Growth Capital to Ashling Partners

February 8, 2021

IT Services

Thomas H. Lee Partners (THL) has completed a growth capital investment in Ashling Partners, an intelligent automation services provider. THL principals Josh Bresler and Kearney Shanahan will join Ashling's board as the firm looks to expand its global scale, broaden automation capabilities, and pursue M&A opportunities.

Ashling Partners Acquires Reveal Group

October 18, 2024

Consulting

Ashling Partners has acquired Reveal Group to expand its Multimodal Automation capabilities and add Reveal Group's proprietary Reveal RoboSuite automation acceleration tools. The deal brings Reveal's Intelligent Automation consulting expertise and North American client relationships (healthcare, banking/financial services, manufacturing) into Ashling's global delivery model and supports Ashling's expansion into Canada.

Bain Capital Invests A$46M in Fluent Commerce

February 19, 2026

Cloud & SaaS

Bain Capital has provided A$46 million in growth capital to Fluent Commerce to accelerate the company's AI-powered capabilities, support rollout of its Fluent Connect integration platform, and fund international expansion. The funding will be used to deepen AI functionality in Fluent Order Management, speed customer acquisition, and support global scaling.

Abry Partners Makes Growth Investment in Asignet

February 21, 2020

IT Services

Boston-based private equity firm Abry Partners completed a significant growth investment in Asignet, a Parsippany, New Jersey‑based provider of RPA-driven IT and telecom lifecycle expense management software and managed services. The capital will accelerate product development and the upcoming launch of Asignet’s Robot4IT platform, and support expansion of its ITAM, SaaS, Cloud, and ITSM offerings.

XMachina-AI Inc. Acquires Bain Public Inc.

December 31, 2021

Consulting

XMachina-AI Inc. acquired 100% of Bain Public Inc.'s outstanding shares on December 31, 2021 in a deal consisting of cash and share consideration that vests over time. The acquisition brings Bain Public’s niche product-management and consulting expertise (and Montreal AI-accelerator presence) into XMachina to expand the buyer’s in‑house product capabilities and deal flow as it pursues growth and an upcoming public listing.

Bain & Company Acquires PiperLab

March 16, 2024

AI & Machine Learning

Bain & Company has acquired Madrid-based PiperLab, a provider of AI and machine learning solutions, to strengthen Bain's Advanced Analytics Group (AAG) and scale its technology and analytics capabilities across EMEA. PiperLab, founded in 2015, will form part of Bain’s AAG ecosystem and help deliver data-driven solutions to clients across industries including insurance, telecoms, utilities and logistics.