BOSTON – September 15, 2021 – Bain & Company today announces the acquisition of OPEXEngine, the world’s leading SaaS benchmarking platform providing easy-to-use cloud-based tools allowing comparisons of company performance and operating metrics of SaaS and software peers and market leaders.
OPEXEngine will add strategic benchmarking capabilities to Bain’s growing suite of proprietary data offerings supporting multiple industries, including software, technology, private equity, and M&A investors across strategy and enterprise value creation. In the past 12 months, Bain also acquired New York-based SPS and London-based Tech Economy.
Lauren Kelley, founder and CEO, and the OPEXEngine team will continue to lead the growth of OPEXEngine as a separate business from Bain yet bolstering its operations with additional resources and expertise from the firm. OPEXEngine will continue its mission providing independent and private benchmarks to the tech industry in partnership with Bain; the company is based outside of Boston, Massachusetts.
“By joining forces even more tightly with OPEXEngine we will be able to bring better and faster insights to our software industry clients and subscribers of OPEXEngine,” said Simon Heap, leader of Bain’s Software Industry practice.
“SaaS and software companies use OPEXEngine benchmarking to make well informed planning and strategy decisions, give themselves a common discussion framework to rally internal teams and find opportunities to drive operational excellence across their organizations.” said Lauren Kelley, founder and CEO of OPEXEngine. “By uniting with the leading consultancy servicing the software industry and the private equity industry, we can help our clients find actionable opportunities to grow more efficiently and cost-effectively.”
“The private equity industry is on track to top the $1 trillion mark this year and as the leading advisors to PE investors globally, we bring the best and most innovative tools to our clients,” said Hugh MacArthur, global head of Bain & Company’s Private Equity practice. “As competition in the industry increases, each step of the deal making process becomes increasingly critical. Investors and software company management need high quality and neutral benchmarks to assess their operational performance, reduce risk and improve efficiency. OPEXEngine’s proprietary benchmarking capabilities help drive key strategic and operational decisions and growth. We are thrilled to welcome the team to Bain & Company and excited to see what we can achieve together.”
Editor's Note: To arrange an interview, contact Dan Pinkney at firstname.lastname@example.org or + 1 646-562-8102
Acerca de Bain & Company
Bain & Company es una consultora global que ayuda a los creadores de cambios más ambiciosos del mundo a definir el futuro.
Con 63 oficinas en 38 países, trabajamos junto a nuestros clientes como un equipo con la ambición compartida de lograr resultados extraordinarios, superar a la competencia y redefinir industrias. Complementamos nuestra experiencia integrada y personalizada con un ecosistema vibrante de innovadores digitales para ofrecer mejores resultados, más rápidos y duraderos. Nuestro compromiso en los próximos 10 años es invertir más de $ 1 mil millones en servicios pro bono para llevar nuestro talento, experiencia y conocimiento a las organizaciones que enfrentan los desafíos urgentes de hoy en educación, equidad, justicia social, desarrollo económico y medio ambiente. Desde nuestra fundación en 1973, hemos medido nuestro éxito por el éxito de nuestros clientes y con orgullo mantenemos el más alto nivel de defensa del cliente en la industria.
OPEXEngine is the leading SaaS benchmarking platform, used by SaaS vendors, investors and service providers. For more than 15 years, OPEXEngine's secure, cloud-based platform and benchmarking process gives CFOs, heads of FP&A and finance executives accurate and independent benchmark comparisons to guide decisions and help manage operating risks. More than 800 leading technology companies depend on the OPEXEngine benchmarking platform to improve their company’s financial and operating performance. OPEXEngine benchmarks are used for budgeting and planning, for board and investor reporting, for due diligence and for diagnostics of operational inefficiencies. OPEXEngine is based outside of Boston, Massachusetts.