bain capital
22 Vanderbilt draws in 5 new leases with major amenity upgrades, Grand Central access
In the realm of repositioned “Cinderalla” buildings, Milstein Properties’ 22 Vanderbilt – once known as 335 Madison Ave. – stands with the most elite. The Madison Avenue tower between East...
Developer wife of ex-Domino's CEO under fire for St. Barts hotel plans
Denise Dupré is head of developer SAS Saint Jean Beach Real Estate, which is looking to spend $170 million to replace a now-destroyed hotel on the island's exclusive Bay of Saint...
NCAA takes pep out of cheerleading company Varsity Brands
The governing body for college sports has stunted the growth of cheerleading company Varsity Brands, owned by private equity company Bain Capital. For the past six years, Varsity Brands, which...
A thinning Campbell's Soup kicks the salsa
Campbell's Soup is slimming down in 2019. The company announced Tuesday it reached an agreement to sell salsa-maker Garden Fresh Gourmet to hummus-maker Fountain of Health USA for undisclosed terms....
Papa John's attracts two new suitors
Bain Capital and CVC Capital Partners are among the private equity firms competing to acquire Papa John’s International, the world’s third-largest pizza delivery company, people familiar with the matter said...
Athenahealth tanks as Paul Singer retreats on buyout bid
Athenahealth shares tumbled Tuesday after The Post reported that the healthcare company’s effort to go private has hit a snag. Billionaire Paul Singer’s Elliott Management, which had proposed taking the...
Paul Singer's fund, Bain Capital favored to buy Athenahealth
Paul Singer’s Elliott Management may end up owning Athenahealth after all. The health care companies that would most logically be interested in Athenahealth, including Cerner Corp. and UnitedHealthcare, have taken...
Private equity firm celebrates $2.5B sale of Varsity Brands
Charlesbank Capital Partners gave itself a billion reasons to celebrate on Tuesday by selling Varsity Brands for $2.5 billion. The price marked a $1 billion profit over four years for...
Subway hires Bain to help with sales slump
Subway, the struggling family-owned sandwich chain, has hired consultant Bain & Company to professionalize operations and possibly set itself up for a future sale, The Post has learned. The 52-year-old...
Feds probe Bain-owned software firm over age discrimination
Bain Capital bagged a fortune as an Oregon-based software company it owned fired workers. Now, federal authorities allegedly are probing whether those firings broke the law. The buyout firm founded...
Comedian Byron Allen buys the Weather Channel for $300M
The Weather Channel TV network was sold Thursday — to comedian-turned-media mogul Byron Allen. Allen’s Entertainment Studios Inc. bought the 36-year-old TV staple from the Blackstone Group, Bain Capital and...
Bain Capital sees high-profile buyouts go bust
Bain Capital has had better weeks. The Boston private equity firm was a lead investor in three leveraged buyouts — Toys ‘R’ Us, iHeartMedia and Guitar Center — each of...
How Bill Bain helped Mitt Romney's rise
Bill Bain, the well-known management consultant and early Mitt Romney mentor who died this week, helped secure the Republican presidential candidate’s legacy — albeit not under the best circumstance. In...
Bain Capital founder William Bain Jr. dead at 80
William Bain Jr., the founder of global consulting and private equity businesses bearing his name who helped drive the career of former Republican presidential nominee Mitt Romney, has died. He...
Romney's Bain Capital has now plunged two toy retailers into bankruptcy
Bain Capital has a knack for throwing big toy retailers into bankruptcy. The buyout firm founded by Mitt Romney — which got slammed this week by the Chapter 11 filing...
This $3.2B company has been sold 5 times over past 21 years
Industrial cleaning company Diversey has been dumped more times over the past 21 years than a super-obnoxious high school varsity captain. Over that span, the 94-year-old Diversey has had five...
Bain Capital wins auction to buy top mattress foam maker
Bain Capital has won the auction to buy Innocor, one of the biggest makers of mattress foam, The Post has learned. The price was roughly $800 million, sources said. Apollo...
Bruised sporting goods industry could make a comeback
The battered sporting goods sector is starting to get the once-over from some of the country’s largest private equity firms, The Post has learned. After falling team sport participation rates...
Apollo gets in bed with FXI to bid on foam-mattress maker
Leon Black’s Apollo Global Management is teaming up with a foam maker in a bid for foam-bed maker Innocor, two sources close to the situation told The Post. FXI, the...
Activist investor mad at iHeart's debt maneuvering
Radio giant iHeartMedia’s latest debt maneuver is fanning the flames of a dispute with activist investor Mario Gabelli. iHeart, led by Chief Executive Bob Pittman, owns 90 percent of publicly...