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#baincapital — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #baincapital, aggregated by home.social.

  1. Siemens Energy Mandates Goldman Sachs for Sale of Industrial Division — BigGo Finance

    The energy technology group Siemens Energy is concretely advancing the spin-off of its industrial division “Transformation of Industry”…
    #Germany #DE #Europe #EU #Europa #Siemens #Anne-LauredeChammard #BainCapital #Brookfield #ChristianBruch #CVCCapitalPartners #EQT #GoldmanSachs #KKR #siemens #SiemensEnergy #TransformationofIndustry
    europesays.com/germany/79086/

  2. This won't be the end of this controversy, but a California court did not dismiss claims against Bain Capital over the PowerSchool data breach. In considering the timeline and the private equity firm's actions before and after its acquisition of PowerSchool in 2024, the court noted, in part:

    "Post-closing, Bain directed PowerSchool to offshore cybersecurity, engineering, and IT functions to contractors, including offshoring required data-management tools that enabled vendors to bypass consent protocols and access protected school district computers directly.

    Bain failed to assess data-breach risks from the offshoring it directed.

    Post-closing, Bain directed layoffs of at least 5% of PowerSchool’s workforce, including critical domestic IT staff."

    Read more from Womble Bond Dickinson at womblebonddickinson.com/us/ins

    h/t, JDSupra, The National Law Review

    @douglevin @funnymonkey

    #EdTech #Liability #negligence #PowerSchool #BainCapital #hackandleak

  3. Shelf Engine has a plan to reduce food waste at grocery stores, and $12 million in new cash to see i - For the first few months it was operating, Shelf Engine, the Seattle-based company that optimizes t... more: feedproxy.google.com/~r/Techcr #correlationventures #serialentrepreneur #foundationcapital #signiaventures #grocerystore #saltlakecity #sunnydhillon #unitedstates #baincapital #shelfengine #realestate #e-grocery #foodwaste #marketing #microsoft #engineer