OPEXEngine joins Bain & Company to Boost Operational Benchmarking Capabilities For Software Companies To Improve Operation Bench Marking
BOSTON, Sept. 15, 2021 /PRNewswire - Bain & Company announced the acquisition of the world's leading SaaS benchmarking platform, OPEXEngine, which offers easy-
OPEXEngine will add strategic benchmarking capabilities to Bain's growing data-based suite, which supports multiple industries including software, technology, private equity and M&A investors across strategy and enterprise value creation. Bain acquired SPS and Tech Economy in the past 12 months.
Lauren Kelley, founder and CEO, and the team of OPEXEngine will continue to lead the growth of the company as a separate business from Bain, but bolstering its operations with additional resources and expertise. OPEXEngine will continue its mission to provide independent and private benchmarks to the tech industry in partnership with Bain. The company is located outside Boston, Massachusetts.
By joining forces even more closely with OPEXEngine, we can better 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 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 said Agust Lauren Kelley, founder and CEO of OPEXEngine, is Lauren, Kelly, who founded and led OPTX Engineering. . By partnering with the leading consultancy service servicing the software industry and private equity industry, we can help clients find actionable opportunities to grow more efficiently and cost-effectively.
"The private equity industry is on track to reach the $1 trillion mark this year," said said "the leading advisers to PE investors globally. "We bring the best and most innovative tools to our clients," says said a senior senior analyst Hugh MacArthur, CEO of Bain & Company's Private Equity practice, and global head of global management firm, is based on Hug H. MacKatArth, global director of the firm' . The move of competition in the industry increases, and the progress of the deal making process becomes more critical. Investors and software companies need high quality and neutral benchmarks to evaluate their operational performance, reduce risk and improve efficiency. The proprietary benchmarking capabilities of OPEXEngine drive strategic and operational decisions and growth. We are excited to welcome the team to Bain & Company and excited about what we can do together.
Editor's Note: For more information about the interview, call Dan Pinkney at [email protected] or 1 646-562-8102.
About Bain & Company - About Bin andamp#;s.
Bain & Company is a global consultancy that helps the world's most ambitious change makers define the future.
Across 63 offices in 38 countries, we work together with our clients as a team with the shared ambition to achieve extraordinary results, outperform competition and redefine industries. We complement our tailored, integrated expertise with a vibrant ecosystem of digital innovators to deliver better, faster, and more enduring results. Our 10-year commitment to invest more than $1 billion in pro bono services brings our talent, expertise and insight to the organizations facing today's urgent challenges in education, racial equity, social justice, economic development, and the environment We earned the Gold Award from the leading platform for environmental, social and ethical performance ratings for global supply chains, EcoVadis, which is the top 2% in the world in terms of standards. Since our founding in 1973, we measured our success by our clients' success, and we maintain the highest level of client advocacy in the industry.
OPEXEngine is the leading SaaS benchmarking platform used by SasS vendors, investors and service providers. OPEXEngine has successfully managed a secure, cloud-based platform and benchmarking process for more than 15 years. The CFOs, the heads of the FP&A and the finance executives are able to make 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, board and investor reporting, due diligence and diagnostic of operational failures. OPEXEngine is located outside Boston, Massachusetts.
Media Contact Contact: Dan Pinkney Bain & Company Tel: +1 646-562-8102 [email protected]
SOURCE BAIN & Company S.A.