Bain Capital Takes 9.9% Stake in Lincoln Financial

Osaic Acquires Lincoln Wealth (Lincoln Financial Advisors & Lincoln Financial Securities)

May 6, 2024

Wealth Management

Osaic, a portfolio company of Reverence Capital Partners, has completed the acquisition of Lincoln Wealth — Lincoln Financial Advisors Corporation and Lincoln Financial Securities Corporation — from Lincoln National Corporation / Lincoln Financial Group. The deal transfers roughly 1,400–1,450 financial professionals and about $115 billion in assets under management to Osaic and was reported to provide Lincoln with approximately $650 million of capital benefit.

Bain Capital Invests in Carson Group, Valuing It at Over $1 Billion

July 14, 2021

Financial Services

Bain Capital made a strategic growth investment in Carson Group on July 14, 2021, valuing the Omaha-based wealth management technology and services firm at over $1 billion. The transaction included the purchase of equity interests from Long Ridge Equity Partners and provides Carson Group with additional growth capital to support M&A, technology development, and client experience enhancements while founder Ron Carson remains majority owner.

Bain Capital Private Equity Acquires Majority Stake in US LBM

December 18, 2020

Building Products

Bain Capital Private Equity agreed to acquire a majority stake in US LBM from Kelso & Company, with the transaction announced in November 2020 and completed in December 2020. The deal positions Bain to further scale US LBM’s national building-materials distribution platform and accelerate its acquisition-driven growth.

Bain Capital Acquires 24.98% Stake in IIFL Wealth Management

March 30, 2022

Financial Services

Bain Capital agreed to acquire a 24.98% equity stake in IIFL Wealth Management Ltd from General Atlantic Singapore Fund Pte. Ltd. and FIH Mauritius Investments Ltd (a subsidiary of Fairfax India Holdings Corporation). The minority investment will support IIFL Wealth's continued growth across wealth and alternative asset management in India and is subject to customary regulatory approvals.

Bain Capital Credit Announces $2.7 Billion of Financing Investments in 2021

February 22, 2022

Financial Services

Bain Capital Credit's Private Credit Group invested $2.7 billion across more than 100 businesses in 2021, supporting refinancing, leveraged buyouts and add-on acquisition activity for middle-market and private equity-backed companies. The announcement highlights the group's role as a lead lender on many commitments and its focus on providing flexible private capital solutions to businesses with EBITDA between $10 million and $150 million.

Lincoln International Acquires TCG Corporate Finance

November 4, 2024

Professional Services

Lincoln International acquired TCG Corporate Finance, a pan‑European boutique technology and digital-economy M&A advisory firm with offices in Munich, Berlin, Stockholm and London. The deal expands Lincoln's Global Technology Group (doubling its Europe technology advisory team to more than 60), and names Scott Twibell and Harald Mährle as Co‑Heads of Lincoln's Global Technology Group.