Bain Capital Insurance Invests in 1970 Group

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.

Bain Capital Insurance Backs Creation of The Mutual Group; GuideOne Becomes Inaugural Member

December 20, 2023

Insurance

Bain Capital Insurance invested $200 million to acquire the operational platform of GuideOne Insurance Company and to launch The Mutual Group, a new insurance services platform focused on mutual insurers. GuideOne will remain an independent mutual and serve as The Mutual Group’s inaugural member while using the capital to strengthen its balance sheet and support growth.

Bain Capital Insurance Invests in Emerald Bay Risk Solutions

March 28, 2024

Insurance

Emerald Bay Risk Solutions, a Morristown-based collaborative underwriting carrier focused on program and Excess & Surplus (E&S) markets, launched with a strategic investment from Bain Capital Insurance. The investment will provide financial backing and support as Emerald Bay executes its proprietary, data-driven underwriting platform and partners with MGAs and reinsurance capacity providers.

Bain Capital Double Impact Invests in Multi-Specialty HealthCare

January 25, 2021

Healthcare Services

Bain Capital Double Impact provided a growth investment in Multi-Specialty HealthCare to support the founder-led outpatient post-traumatic injury care and physical rehabilitation provider’s expansion into new regions. Financial terms were not disclosed; the partnership aims to scale the company’s patient-centric, multidisciplinary model across the Baltimore–Washington and Delmarva markets and beyond.

Bain Capital Takes 9.9% Stake in Lincoln Financial

April 9, 2025

Financial Services

Bain Capital will acquire a 9.9% equity stake in Lincoln National Corporation (Lincoln Financial) for $825 million via the purchase of approximately 18.8 million shares at $44.00 per share. The transaction establishes a 10-year strategic asset management relationship—with Bain serving as an investment manager across multiple private asset classes—and provides Lincoln with growth capital to advance its portfolio management and strategic priorities; closing is expected in the second half of 2025 subject to customary conditions.

Bain Capital to Acquire 90% Stake in Adani Capital and Adani Housing Finance

July 23, 2023

Financial Services

Bain Capital has entered into a definitive agreement to acquire 90% of Adani Capital and Adani Housing (Adani Housing Finance), buying out the Adani family's private investments while Gaurav Gupta will roll his stake and remain CEO. Bain is committing approximately $120 million (INR 1,000 crore) of primary capital and providing a $50 million liquidity line to support growth as the lenders scale MSME, housing and rural lending; the deal is expected to close in Q4 2023 subject to approvals.