Bain Capital Private Equity Acquires Showa Aircraft Industry

Bain Capital-Led Consortium Acquires Hitachi Metals

October 26, 2022

Manufacturing

A consortium led by Bain Capital Private Equity, together with Japan Industrial Partners (JIP) and Japan Industrial Solutions (JIS), closed a tender offer to acquire Hitachi Metals, Ltd. The investors said they will provide capital and management support to accelerate growth and pursue opportunities in areas such as electric vehicles; Hitachi Metals reported ¥942.7 billion in revenue and about 27,700 employees as of March 2022.

Bain Capital to Acquire Mitsubishi Tanabe Pharma Corporation

February 7, 2025

Pharmaceuticals

Bain Capital has signed a definitive agreement to acquire Mitsubishi Tanabe Pharma Corporation (MTPC) in a carve-out from Mitsubishi Chemical Group Corporation for approximately 510 billion JPY (about $3.3 billion). The deal, led by Bain’s Private Equity teams in Asia and North America together with its Life Sciences group, will create an independent, standalone Japanese pharma platform focused on drug discovery and development across immunology, CNS, vaccines, diabetes and other priority areas; the transaction is expected to close in Q3 2025.

Bain Capital-led Consortium to Acquire ITP Aero from Rolls‑Royce

September 27, 2021

Aerospace & Defense

Rolls‑Royce has signed a definitive agreement to sell 100% of ITP Aero to a Bain Capital Private Equity‑led consortium, including Spanish co‑investors SAPA and JB Capital, for approximately €1.7 billion. The sale is part of Rolls‑Royce’s disposal programme to raise proceeds and will position ITP Aero as an independent, growth‑focused aerospace supplier headquartered in the Basque Country, Spain; the transaction is expected to close in H1 2022 subject to regulatory approvals.

Bain Capital Private Equity Acquires Majority Stake in Mash Holdings

November 15, 2022

Retail

Bain Capital Private Equity agreed to acquire a majority stake in Tokyo-based Mash Holdings, the operator of fashion and lifestyle brands including gelato pique, SNIDEL and FRAY I.D. The firm said it will partner with Mash's management to strengthen the company's business foundation and accelerate medium- to long-term growth across its fashion, beauty and food brands.

SMBC Aviation Capital Acquires Goshawk Management Ltd.

December 21, 2022

Transportation

SMBC Aviation Capital completed the acquisition of Dublin-based aircraft lessor Goshawk Management Ltd., creating the second-largest global aircraft lessor by number of aircraft and the largest Japanese-owned lessor. The combined business operates a portfolio of over 700 owned and managed aircraft (with additional new-technology narrowbody orders) and is positioned to benefit from a sector recovery through enhanced scale and funding advantages.

Bain Capital Acquires Aerospace Technologies Group (ATG); Joins with Jamco to Expand Cabin Interiors Platform

March 9, 2025

Aerospace & Defense

Bain Capital has acquired Aerospace Technologies Group (ATG), a Boca Raton–based developer and supplier of electronically controlled aircraft window shade systems. ATG will operate alongside Bain portfolio company Jamco under common ownership to build a global cabin interiors platform; the seller is noted as long-time owner Jacqueline Autry.