This post is part of a series in an attempt to understand the influence and involvement of Bain Capital (and venture capital / private equity generally) in Pennsylvania.
To do this I searched through newspapers and business databases to locate the names of Pennsylvania companies that had some connection to Bain, then looked for general information on those firms. Chain stores do not count unless the company is headquartered in Pennsylvania.
I have made a concerted effort to confirm information found in the press but sometimes this was not possible. A similar effort was made to construct a search strategy in such a way that published corrections would also be found. That being said, I am working primarily with self-reported corporate information and published media, not from original research. Citations are provided so interested parties can reviews the research for themselves, and they are encouraged to do so. This is not intended to be exhaustive research, though the intent was to be thorough.
“At $3.5 billion, it was the largest equity cheque written for an LBO, the largest ever buyout of a technology company, and included the largest ever consortium of sponsors. On top of that, it was the biggest buyout since the RJR Nabisco deal 16 years earlier” (Tully, 2/2006).
“The company has reported a lost each year since 2005. [Sungard spokesman Brian] Robins says that’s due partly to amortization of the $11 billion that Silver Lake Partners and other buyout firms paid to buy SunGard that year.” (DiStefano, 5/17/2011).