Deal Details

Bugaboo Is Acquired by Mubadala Capital

Consumer

Bugaboo, a portfolio company of Bain Capital, sale to Mubadala Capital

Summary

Bugaboo International B.V. (“Bugaboo”), a portfolio company of Bain Capital Private Equity (“Bain Capital”), has signed a definitive agreement to be acquired by Mubadala Capital. The transaction is subject to regulatory approvals and customary closing conditions. The terms of the transaction have not been disclosed.

Baird served as financial advisor to Bugaboo on this transaction.

About

Bugaboo designs award-winning strollers and parenting solutions, helping families to create endless moments of fun and discovery every step of the way. After kickstarting a stroller revolution 25 year ago, Bugaboo continues to innovate across its range of products including strollers, car seats, travel cots and accessories. Bugaboo is B Corp certified having demonstrated the high standards of social and environmental performance, accountability and transparency, set by B Lab™. Every product is designed against the highest standards to be comfortable, durable and easy to use, so that parents and children can enjoy endless moments of discovery, no matter where their adventures take them. Bugaboo is headquartered in Amsterdam, Netherlands.

Bain Capital has partnered closely with management teams to provide the strategic resources that build great companies and help them thrive since its founding in 1984. Bain Capital's global team of more than 280 investment professionals creates value for its portfolio companies through its global platform and depth of expertise in key vertical industries including healthcare, consumer/retail, financial and business services, industrials and technology, media and telecommunications. Bain Capital has 23 offices on four continents. Since its inception, the firm has made primary or add-on investments in more than 1,150 companies. In addition to private equity, Bain Capital invests across multiple asset classes, including credit, public equity, venture capital and real estate, managing approximately $185 billion in total assets and leveraging the firm's shared platform to capture opportunities in strategic areas of focus. Bain Capital is headquartered in Boston, Massachusetts.

Mubadala Capital is the wholly owned asset management subsidiary of Mubadala Investment Company, a c. $302 billion global sovereign investor headquartered in Abu Dhabi, UAE. Mubadala Capital manages c. $24 billion in aggregate across its own balance sheet investments and in third-party capital vehicles on behalf of institutional investors, including four flagship private equity funds, four early-stage venture funds, three funds in Brazil focused on special opportunities and a highly diversified evergreen investment strategy focused on private market opportunities, as well as a series of co-investment vehicles, SPVs and continuation funds. Mubadala is headquartered in Abu Dhabi, United Arab Emirates and has offices in London, Moscow, New York and Beijing.

Consumer

Bugaboo, a portfolio company of Bain Capital, sale to Mubadala Capital