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Bain Capital

Bain Capital

Private equity firm

Appears in 4 stories · Last updated Oct 28, 2026

Stories

HealthEdge files notice to lay off Detroit workers

Money Moves

Backs the combined HealthEdge-UST HealthProof company

HealthEdge, the health software company that absorbed UST HealthProof, told Michigan regulators it will lay off 53 workers at its Detroit operations on December 1. The notice is dated October 1 and the state logged it on October 8.

Updated Oct 28

AAR agrees to buy controlling stake in MRO Holdings for $4 billion

Money Moves

As of September 2026: MRO Holdings co-owner, retaining 35% after the deal

AAR Corp., an Illinois-based aviation parts and repair company, agreed on Sept. 28 to buy a 65% stake in MRO Holdings, a private-equity-backed aircraft maintenance firm, in a deal that values MRO Holdings at $4 billion. The combination creates what AAR says will be the world's largest heavy-maintenance provider, servicing nearly 3,000 aircraft a year across its hangars.

Updated Sep 28

Beeline's oral lupus drug clears phase 2, heads to pivotal trials

New Capabilities

As of September 2026: Lead investor in Beeline's Series A

Beeline Medicines' afimetoran, a once-daily oral pill for lupus, met its primary endpoint in a Phase 2 trial. The result moves the biotech into Phase 3 (pivotal) development for two forms of the disease.

Updated Sep 9

3M carves out fire safety business in joint venture with Bain Capital

Money Moves

As of May 2026: 49.9% partner in fire safety joint venture

3M bought its Scott Safety breathing-apparatus business for $2 billion in 2017. Nine years later, it's merging the unit with rescue-tool maker Madison Fire & Rescue in a $1.95 billion joint venture with Bain Capital, keeping 50.1% ownership and getting $700 million in cash. The new entity will sell breathing gear, hydraulic rescue tools, suppression nozzles, and portable wildland pumps under brands like Holmatro, Task Force Tips, and Waterax.

Updated May 30