Bain & Company and data solutions provider CEPRES have launched DealEdge, a due diligence tool for private equity dealmakers that improves transparency in an otherwise opaque industry.
The digital advisory product sources data directly from GPs on more than 82,000 portfolio companies and 8,082 funds.
Bain & Company has been working with CEPRES to incorporate data and analysis in its client reports for years. But DealEdge is the first effort to produce a subscription-based platform delineating the performance of private market deals.
“Private equity is the last frontier when it comes to data and market intelligence,” said Brenda Rainey, managing director at Bain & Company, who drove the partnership. “At the end of the day what it [DealEdge] does, is lead to smarter investment decisions based on risk-return profile.”