M&A Deal Summary

Bain Capital Private Equity Acquires Virgin Australia Airlines

On September 4, 2020, private equity firm Bain Capital Private Equity acquired airliner Virgin Australia Airlines for 3.5B USD

Acquisition Highlights
  • This is Bain Capital Private Equity’s 2nd transaction in the Airlines sector.
  • This is Bain Capital Private Equity’s 13th largest (disclosed) transaction.
  • This is Bain Capital Private Equity’s 5th transaction in Australia.

M&A Deal Summary

Date 2020-09-04
Target Virgin Australia Airlines
Sector Airlines
Buyer(s) Bain Capital Private Equity
Deal Type Going Private
Deal Value 3.5B USD

Target

Virgin Australia Airlines

Spring Hill, Australia
website
Virgin Australia Airlines is an airline company with the largest fleet size to use the Virgin brand. Virgin Australia Airlines was founded in 2000 and is based in Spring Hill, Australia.

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Buyer(S) 1

Buyer

Bain Capital Private Equity

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1984
PE ASSETS 44.2B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Bain Capital Private Equity (BCPE), is the private equity investment arm of alternative asset management firm, Bain Capital. BCPE targets leveraged buyout and growth capital transactions in a wide variety of industries including information technology, communications, media, healthcare, industrial/manufacturing, retail/consumer, and financial services. Bain Capital is based in Boston with additional offices in New York, London, Mumbai, Hong Kong, Shanghai, Tokyo, and Munich.


DEAL STATS #
Overall 190 of 227
Sector (Airlines) 2 of 3
Type (Going Private) 18 of 20
Country (Australia) 5 of 5
Year (2020) 5 of 7
Size (of disclosed) 13 of 69
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-27 Nutanix

San Jose, California, United States

Nutanix provides an enterprise cloud platform that converges traditional silos of server, virtualization and storage into one integrated solution and can also connect to public cloud services. Nutanix's software-driven platform delivers the agility, scalability and pay-as-you-grow economics of the public cloud, while addressing enterprise requirements of application mobility, security, data integrity and control. Nutanix was founded in 2009 and is based in San Jose, California.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-24 Ahlstrom-Munksjo

Helsinki, Finland

Ahlstrom-Munksjo is involved in providing fiber-based materials, supplying innovative and sustainable solutions to its customers. The Company's mission is to expand the role of fiber-based solutions for sustainable everyday life. Its offerings include filter materials, release liners, food and beverage processing materials, decor papers, abrasive and tape backings, electrotechnical paper, glass fiber materials, medical fiber materials, diagnostics, and energy storage solutions, as well as a range of specialty papers for industrial and consumer end-uses. Ahlstrom-Munksjo was formed in 1851 and is based in Helsinki, Finland.

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