Bain Capital Private Equity Invests $750M in Nutanix via Convertible Notes

August 27, 2020

Bain Capital Private Equity agreed to invest $750 million in Nutanix through Convertible Senior Notes to support the company's growth initiatives. The investment includes board appointments for Bain, an initial conversion price of $27.75 per share (subject to adjustments), 2.5% interest (paid in kind), and is expected to close in late September 2020.

Buyers
Bain Capital Private Equity
Targets
Nutanix
Industry
Cloud & SaaS
Location
California, United States
Transaction Type
Growth capital

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.