Holland & Knight Advises Sikich in Securing $250 Million Investment from Bain Capital
PHILADELPHIA (May 10, 2024) – Holland & Knight advised Sikich LLC, a global technology-enabled professional services company, in receiving a minority growth investment of $250 million from Bain Capital LP. The transaction was announced on May 9.
This investment positions Sikich to leverage Bain Capital's deep resources while accelerating continued and aggressive growth, enhancing operational excellence and cementing its professional services leadership position in an industry undergoing rapid consolidation.
Headquartered in Chicago, Sikich draws on a diverse portfolio of technology solutions to deliver transformative digital strategies that help corporations, not-for-profits, state and local governments, and federal agencies improve performance and achieve long-term strategic goals.
Based in Boston, Bain Capital is one of the world's leading private multi-asset alternative investment firms that creates impact for investors, teams, businesses and the community.
Holland & Knight Partners Paul Jaskot, John Martini, Keith Sambur, Brandon Bloom and Romeo Quinto led the firm's representation of Sikich. They were assisted by Associates Kathryn Hesman, Emily Hantverk, Nicole Martini, Meredith Clarke, Sean Minorini and Cristina Salazar. The team also received assistance from Partners Erin Estevez, Christine Gay, Jeff Korenblatt, David Matuszewski and Antonia Tzinova and Associates Malorie Eisenbrei and Sanaa Ghanim.
Holland & Knight regularly ranks among the leading M&A and private equity law firms in reputable, benchmarking league tables published by Bloomberg, LSEG (formerly Refinitiv), Mergermarket, PitchBook and The Deal. In 2023, the firm ranked among the top five most active law firms in the U.S. and top 10 globally for its work in the space. Through the HK Deal FlowSM program, Holland & Knight facilitates deal leads for clients and prospective clients by matching acquisition or capital raising opportunities with buyers and investors.