Bain Capital to acquire majority stake in Rocket Software
03/12/25, 4:16 AM
Location
Industry
financial services
enterprise software
saas
information technology
software
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 Info
Location
Boston, Massachusetts, United States
Company info
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.