Secondary Buyout • Information Technology

Bain Capital Private Equity Acquires Carson Group

On July 14, 2021, private equity firm Bain Capital Private Equity acquired information technology company Carson Group

Acquisition Context
  • This is Bain Capital Private Equity’s 13th transaction in the Information Technology sector.
  • This is Bain Capital Private Equity’s 107th transaction in the United States.
  • This is Bain Capital Private Equity’s 1st transaction in Nebraska.

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M&A Deal Summary

Date July 14, 2021
Target Carson Group
Sector Information Technology
Buyer(s) Bain Capital Private Equity
Deal Type Secondary Buyout
Advisor(s) Moelis & Co. (Financial)
Quarles & Brady (Legal)

Target Company

Carson Group

Omaha, Nebraska, United States
Carson Group is a provider of wealth management tools and services to financial advisors and direct clients. Carson’s flagship partner program offers an integrated technology platform for advisors, offering services including asset management, research, marketing, and compliance. Carson Group was founded in 1983 and is based in Omaha, Nebraska.
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Buyer Overview 1

Buyer

Bain Capital Private Equity

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


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 Context for Buyer #
Overall 205 of 253
Sector: Information Technology 13 of 17
Type: Secondary Buyout 54 of 76
State: Nebraska 1 of 1
Country: United States 107 of 131
Year: 2021 11 of 18
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-29 Kbank

Seoul, South Korea

Kbank offers innovative banking services which are processed entirely online through its internet and mobile platforms. K Bank provides a broad range of services online, including account opening, loan application approvals, credit assessment and credit card issuance. Kbank was founded in 2016 and is based in Seoul, South Korea.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-20 PartsSource

Aurora, Ohio, United States

PartsSource is a provider of proprietary software solutions related to the acquisition and life cycle management of medical repair parts. PartsSource has been recognized by clinical engineers and healthcare executives alike for its unique ePartsFinder application for its ability to increase department efficiencies while reducing costs through its award-winning SmartPrice technology. PartsSource was founded in 2001 and is based in Aurora, Ohio.

Buy -