Bain Capital Private Equity Takes Majority Stake in InnovaCare Health

Bain Capital to Acquire HealthEdge from Blackstone Funds

April 8, 2025

Cloud & SaaS

Bain Capital's Private Equity team has agreed to acquire HealthEdge, a Burlington, Massachusetts–based healthcare SaaS platform, from funds managed by Blackstone. Financial terms were not disclosed; the transaction is expected to close in Q2 2025 and positions Bain to accelerate HealthEdge's product growth and GenAI enablement for health plans.

Nordic Capital-Led Consortium Acquires Inovalon

November 24, 2021

Healthcare Services

An equity consortium led by Nordic Capital, joined by Insight Partners, 22C Capital and Inovalon founder Keith Dunleavy, completed the acquisition of Inovalon in a take-private transaction. Inovalon stockholders received $41.00 per share in cash as the cloud-based healthcare data and analytics provider is taken private to accelerate product innovation and expand its reach across the healthcare ecosystem.

Bain Capital Private Equity to Acquire Estia Health

August 6, 2023

Healthcare Services

Bain Capital Private Equity has agreed to acquire Australian residential aged care provider Estia Health Limited in a proposed takeover at A$3.20 per share under a Scheme Implementation Agreement. The Estia Health board has unanimously recommended the scheme and Bain said it plans a long-term presence in the Australian aged care sector to support management and maintain high standards of care.

Bain Capital Private Equity Acquires Majority Stake in Brillio

January 15, 2019

IT Services

Bain Capital Private Equity has signed a definitive agreement to acquire a majority stake in Brillio, a Santa Clara-based digital technology consulting and solutions firm. The investment will support Brillio’s plans to scale its digital transformation offerings, pursue complementary acquisitions, and accelerate growth while retaining the existing management team led by CEO Raj Mamodia.

Bain Capital Tech Opportunities Takes Minority Stake in iManage

April 11, 2023

Cloud & SaaS

Bain Capital Tech Opportunities, the tech-focused investment arm of Bain Capital, has made a minority growth investment in iManage to accelerate the enterprise software company’s cloud and AI product development and global growth. iManage will continue to be led by CEO and co-founder Neil Araujo and will use the capital to deepen its product capabilities and expand in its core legal, accounting, and financial services markets.

Carlyle and NextStage Invest $70M in Inpart (formerly Inova)

July 1, 2021

Cloud & SaaS

Carlyle and NextStage AM have provided a $70 million growth investment in Inpart (formerly Inova). Carlyle will become the company’s largest shareholder while management and historic investor NextStage AM remain committed; proceeds will fund growth, product innovation and M&A initiatives.