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Today: September 8, 2024
May 10, 2024
1 min read

Investment firm secures $250M minority growth funding from Bain Capital

TLDR:

  • Sikich, a technology-enabled professional services company based in Chicago, received a $250M minority growth investment from Bain Capital.
  • The investment will be used to accelerate value creation and development efforts.

Sikich, a Chicago-based technology-enabled professional services company, recently received a $250 million minority growth investment from Bain Capital. The investment is intended to help accelerate value creation and development efforts within the company. Despite the investment, Sikich will still maintain majority control of the company, with its existing executive and leadership teams, led by Chief Executive Officer Christopher Geier, remaining in place.

As a global company specializing in technology-enabled professional services, Sikich has nearly 2,000 employees who provide a diverse portfolio of technology solutions to deliver transformative digital strategies. Their clients range from corporations and not-for-profits to state and local governments and federal agencies, all utilizing the company’s services and products to improve performance and achieve long-term strategic goals.

Christopher Geier, the CEO of Sikich, commented on the investment, stating, “Partnering with a leading global investor like Bain Capital is a testament to our strategy and provides us with additional meaningful resources and extensive knowledge to advance our mission and deliver on our value proposition to employees and clients.”

This investment marks a significant step for Sikich as they look to further grow and expand their technology-enabled professional services. With Bain Capital’s backing, the company is poised to continue providing innovative solutions and driving value for their clients.

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