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Bain Capital to acquire majority stake in Rocket Software

Mar 12, 2025•6 months ago

Acquiring Company

Bain Capital

Acquired Company

Rocket Software

BostonWalthamFinancial ServicesEnterprise SoftwareSaasInformation TechnologySoftware

Description

Bain Capital Private Equity has signed a definitive agreement to acquire a majority stake in Rocket Software for approximately $2 billion. Rocket Software will continue to operate under its existing management led by CEO Andy Youniss. The transaction is expected to close in the fourth quarter of 2018, subject to regulatory approvals.

Company Information

Company

Bain Capital

Location

Boston, Massachusetts, United States

About

Bain Capital, LP is one of the world's leading private investment firms that creates lasting impact for our investors, teams, businesses, and the communities in which we live. Since our founding in 1984, we've applied our insight and experience to organically expand into numerous asset classes including private equity, credit, public equity, venture capital, real estate and other strategic areas of focus. The firm has offices on four continents, more than 1,300 employees and approximately $160 billion in assets under management. To learn more, visit www.baincapital.com.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed