The history of bain company

Unlike well-known investment banks such as Morgan Stanley and Goldman Sachs, Bain Capital was born out of Bain Consulting, a well-known consulting company, and is as famous as McKinsey and Boston International Consulting in the industry.

1984 willard mitt romney, a former partner of Bain Consulting, established a new company. Romney is an omnipotent figure in American politics, the 70th governor of Massachusetts and the chairman of the organizing committee of the Salt Lake City Winter Olympics. His most famous event was his participation in the US presidential elections in 2008 and 20 12. Because in the United States * * * and the party have a good reputation.

Although Romney has left Bain Capital for many years, he has created a distinctive style for Bain Capital. With his unique "Bain way", he increased the company's assets from $30 million when he started his business to $9 billion.

Bain Capital is especially good at financing acquisition companies through leveraged buyouts, and having absolute control over investment companies has become a prerequisite for Bain Capital's investment.

"Leveraged buyouts must be accurate, so I won't invest in new companies. The success of those companies often depends on things beyond my control. Mature companies are more in line with Bain's appetite. " In an interview with American media, Romney believes that after leveraged buyout, Bain Capital, which has absolute control over the acquired enterprise, will be more likely to further exert its usual "short-term stimulus value-added plan".

Look at Bain Capital's participation in a series of investments, such as investments in Toys R Us, Warner Records, Burger King and other companies, all of which are absolutely controlled. Jia Zhu, managing director of Bain Capital, the first person in China, also publicly stated that "we are not passive investors, and we will support the company on many issues besides capital".

Bain has offices in 465,438+0 major cities around the world, providing professional advice to more than 4,400 multinational companies, private equity funds and other institutions in all walks of life around the world. Covers almost every industry and professional field.

At present, Bain Capital manages more than $65 billion in assets, involving private equity, venture capital, listed stock hedge funds and leveraged debt asset management. Bain executives are also very optimistic about the China market. The reporter learned that China accounted for six of Bain's 13 investment projects in Asia.