M&A Deal Summary

Bain & Co. Acquires Umbrage

On February 1, 2023, Bain & Co. acquired software company Umbrage

Acquisition Highlights
  • This is Bain & Co.’s 1st transaction in the Software sector.
  • This is Bain & Co.’s 4th transaction in the United States.
  • This is Bain & Co.’s 1st transaction in Texas.

M&A Deal Summary

Date 2023-02-01
Target Umbrage
Sector Software
Buyer(s) Bain & Co.
Deal Type Add-on Acquisition

Target

Umbrage

Houston, Texas, United States
Umbrage is a crafts-based digital studio that partners with its customers to deliver and scale solutions to complex business problems. Having deep technical expertise and a desire to integrate with its clients, the company has delivered and scaled customized software solutions to a variety of industries notably including Web3 applications in financial services and the energy and natural resources industries. Umbrage was formed in 2019 and is based in Houston, Texas.

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Buyer(S) 1

Buyer

Bain & Co.

London, United Kingdom

Category Company
Founded 1973
Sector Business Services
DESCRIPTION

Bain & Co., Inc. is a global consultancy that helps most ambitious change-makers define the future. Across 58 offices in 37 countries, we work alongside our clients as one team with a shared ambition: to achieve extraordinary results that outperform their competition and redefine their industries. Bain & Co., Inc. was established in 1973 and is based in London, United Kingdom.


DEAL STATS #
Overall 7 of 9
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 7 of 9
State: Texas M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2023 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-12 Enterprise Blueprints

London, United Kingdom

Enterprise Blueprints is a provider of enterprise and solution architecture consulting services. The company works with clients to solve their most complex architecture related challenges. It provides an extensive suite of services spanning digital, IT, architecture capability, resilience, data, cloud, cyber and cost optimization. Enterprise Blueprints is based in London.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-31 Max Kelsen

Brisbane, Australia

Max Kelsen is a provider of artificial intelligence (AI) and machine learning (ML) solutions to offer enhanced ML and AI capabilities to clients across the globe. The company delivers innovation, directly linked to the generation of business value and competitive advantage to customers in Australia and globally, including Fortune 500 companies. Max Kelsen was formed in 2015 and is based in Brisbane, Australia.

Buy -