Bain Capital Offices

Bain Capital Offices

Click on a location to learn more

Boston

Boston

John Hancock Tower
200 Clarendon Street, Boston, MA 02116 United States

P:+1 (617) 516-2000 F:+1 (617) 516-2010

» Directions

New York

A New York

590 Madison Avenue
42nd Floor, New York, NY 10022 United States

P:+1 (212) 326-9420 F:+1 (212) 421-2225

» Directions
B New York Bain Capital Ventures
Bain Capital Ventures

632 Broadway, New York, NY 10012 United States

P:+1 (212) 822-2900 F:+1 (646) 439-9100

London

London

Devonshire House
Mayfair Place, London, W1J 8AJ United Kingdom

P:+44 20 7514 5252 F:+44 20 7514 5250

» Directions

Munich

Munich
Bain Capital Beteiligungsberatung GmbH

Maximilianstrasse 11, 80539 Muenchen, Germany

P:+49-89244410700 F:+49-89244410731

» Directions

Mumbai

Mumbai
Bain Capital Advisors (India) Private Limited

2nd Floor, Free Press House
Nariman Point, , Mumbai 400 021 India

P:+91-2267528000 F:+91-2267528010

Hong Kong

Hong Kong
Bain Capital Asia, LLC

51/F Cheung Kong Center
2 Queen's Road Central, Hong Kong, Hong Kong S.A.R., China

P:+852-36566800 F:+852-36566801

Shanghai

Shanghai
Bain Capital Advisors (China) Ltd.

46/F Two IFC
8 Century Boulevard, Shanghai, 200120 China

P:+86-2161632000 F:+86-2161632088

Tokyo

Tokyo
Bain Capital Asia, LLC

5F, Palace Building
1-1-1 Marunouchi, Chiyoda-ku, Tokyo 100-0005 Japan

P:+81-362127070 F:+81-362127071

Palo Alto

Palo Alto

335 Bryant Street, Palo Alto, CA 94301 United States

P:+1 (650) 798-2500 F:+1 (650) 798-2501

Chicago

Chicago
Sankaty Advisors Illinois, LLC

1603 Orrington Avenue
Suite 815, Evanston, IL 60201 United States

P:+1 (847) 563-5330 F:+1 (847) 563-5331

» Directions

Luxembourg

A Luxembourg
Bain Capital Luxembourg S.à.r.l.

4 rue Lou Hemmer, L-1748 Luxembourg, Luxembourg

P:+352-2678601 F:+352-26786060

» Directions
B Sankaty European Investments, S.á.r.l.
Sankaty European Holdings, S.á.r.l.

4 rue Lou Hemmer, L-1748 Luxembourg, Luxembourg

P:+352-267866 F:+352-26786651

» Directions

Melbourne

Melbourne
Sankaty Advisors (Australia), Pty. Ltd.

Level 20, 101 Collins Street, Melbourne, VIC 3000 Australia

P:+61 3 8102 8600 F:+61 3 9014 6930

You are here

  • Bain Capital Private Equity
    • Bain Capital Private Equity

      Bain Capital Private Equity pioneered the value added investment approach. We partner with management teams to provide strategic resources that build and grow great companies. We have made over 260 investments generating industry leading returns for many leading endowments, foundations, pension funds and individuals.

      »Visit the Bain Private Equity Site
  • Brookside Capital
    • Brookside Capital

      Brookside Capital is the global long/short public equity affiliate of Bain Capital. We employ a fundamental investment approach with a team of industry-focused professionals to identify opportunities that offer capital appreciation over a multi-year time horizon.

      »Visit the Brookside Capital Site
  • Sankaty Advisors
    • Sankaty Advisors

      Sankaty Advisors, the credit affiliate of Bain Capital, LLC, is one of the nation's leading managers of high-yield corporate credit obligations. With approximately $22.3 billion in committed capital, we invest in a wide variety of instruments, including leveraged loans, high-yield bonds, stressed debt, distressed debt, mezzanine debt, structured products and equity investments.

      »Visit the Sankaty Advisors Site
  • Bain Capital Ventures
    • Bain Capital Ventures

      Bain Capital Ventures is the venture capital affiliate of Bain Capital. We focus on seed through late-stage growth investments in business services, software, digital media / mobile / ecommerce, and healthcare IT and services companies. Bain Capital Ventures has made over 100 investments since our launch in 2000.

      »Visit the Bain Capital Ventures Site
  • Absolute Return Capital
    • Absolute Return Capital

      Absolute Return Capital (ARC) is the absolute return affiliate of Bain Capital. The team manages assets in fixed income, equity, commodity and currency markets to produce attractive risk-adjusted returns while maintaining low correlation to traditional investments.

      »Visit the Absolute Return Capital Site

Newsroom BMC chief: Our going private is 'great news for customers, bad news for competitors'

Back
News
Date: 
September 11, 2013
Author: 
John Gallant

BMC CEO Bob Beauchamp says management products vendor will be able to move more quickly on cloud, mobile and more

While Dell has captured headlines for months as it attempts the transition from public to private company, BMC Software went private on Tuesday without all the drama and shareholder fireworks.

BMC, whose management products are used by thousands of customers around the world, was acquired by a private investor group led by Bain Capital and Golden Gate Capital. Shortly after the transaction was finalized, BMC CEO Bob Beauchamp spoke with IDG Enterprise Chief Content Officer John Gallant about why BMC made the move and what it will mean for users of the company’s products.

First and foremost, why did you do this?  Why take this step?

There are two answers to that question. The first one is that, as a public company, your first responsibility is to the people who own your company and this was the best outcome for our shareholders. That is the technical answer, that is the financial answer, that is the fiduciary answer and it's why we did it.

Why is it the best outcome for the shareholders?

Because the shareholders were offered a fair price by the investor group of over $46 a share, and we gave our shareholders the ability to vote on it and they voted to take that offer.

The second aspect is that we were fortunate that the investor group that bought our company has a strong vision of growing this company and making it a more competitive, better company for our customers and our employees. That’s exciting to me as the CEO who has the opportunity to manage this company.

Let’s dig into that. What do you think it will mean for customers? How will this allow you to innovate faster or differently than you would as a public company?

It will give us the opportunity to move a little quicker, as we can take more risk - specifically, longer-term investments with a little less focus on quarterly Wall Street estimates. If we need to invest $10 million this week in new cloud, mobile or SaaS technologies, I don’t have to check what the impact to our earnings per share this quarter will be to our share price before we make that decision.

Also, we can shift spending from some things that [cost] a lot of money as a public company to spend on new products, better support, better services and better customer service.

So essentially all of the costs that are associated with being a public company, those are things that can be reinvested now?

Exactly. Things like the fees we pay the exchange, some of the financial reporting requirements that are quite expensive. Some of those things we’ll be able to shift over towards customer value creating investments.

What should your customers expect over, say, the course of the next year as a result of this move?

First, no big changes in terms of how they do business with us. They’ll have continuity. They’ll have their account teams. They’ll have their support teams, the same great customer support that they’ve grown accustomed to. They should not expect any sudden changes. Over a slightly longer period of time, they should see us be more responsive to new technology shifts, more focused on the full customer experience, more flexible, easier to do business with, and more innovative.

Sometimes when companies go private they do that because they have some difficult things that they want to do out of the public eye. Should people expect any kind of restructuring or major changes in the way the company is positioned?

I would never want to say never, but there’s no major restructuring/change in the way we do business planned out at this point or expected. Through the years as a public company, we would do that as we needed to. So I wouldn’t want to say that as a private company we never would. But there’s nothing specifically about being a private company that would make that more likely at this point.

You operate in a very competitive marketplace. How does this change the landscape for you?

I was thinking the other day that if one of our larger competitors announced they were going private it would worry me a great deal. As a public company you can only move so fast. As a private company you can be more aggressive, move quicker, and maybe be a little less predictable to your competitors. Our announcement, while it is great news for our customers, I think it is bad news for our competitors.