Are we ready for another power coupling? Bain & Company recently announced its intention to acquire the APAC branch of startup development studio, Rainmaking.

• The deal is still subject to review, but it’s expected to close at the end of the month! 
• If it pushes through, this will expand Bain’s venture-building program, Next. 

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💥 What’s Next?

Bain’s one of the big 3 global management consulting firms. But they’re making moves in venture building. 

They launched Next last year, a business-building initiative that helps launch startups from seed to scale. 

• Next has connections with over 200 experts in the startup and VC ecosystem!

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☂️ Making it rain

Rainmaking is a global venture-building studio that helps build and scale startups in various industries. 

• Their 50 entrepreneurial talents are active across key markets like Singapore, South Korea, and Japan. 
• So far, Rainmaking APAC's portfolio companies have generated about $880M SGD ($652M) in funding and a combined equity value of over $9B SGD ($6.6B).

They’re in demand. As companies face more pressure to stay relevant and grow, they’re turning to venture-building studios for guidance.  

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🤝 Volting in

This deal will allow Rainmaking to scale rapidly—increasing the volume of portfolio and their likelihood of success.

• Oh, and because of Bain’s deep corporate network in the region, Rainmaking can bring in specialists who can better train founders and entrepreneurs to build and scale their startups.

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📈 What the future holds? 

Rainmaking APAC will retain its brand and operate independently under Bain’s innovation and design unit.