Bain & Company To Acquire Apac Arm Of Global Venture-Building Studio Rainmaking
Jul 07, 2023•about 2 years ago
Acquiring Company
Bain & Company
Acquired Company
Rainmaking APAC
Description
Bain & Company today announced that it intends to acquire the Asia Pacific arm of global venture-building and start-up development studio, Rainmaking, to help companies across the region better innovate, launch, and scale new businesses. The acquisition is subject to, and contingent upon, several conditions precedent to completion and is expected to close at the end of July 2023.
M&A Insights
Based on deal dataIntegration 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