Bain Capital

About us

Established in 2015, Bain Capital Double Impact invests in companies that deliver both competitive financial returns and measurable social and environmental impact.

We bring Bain Capital’s proven value-added approach, deep industry expertise, and extensive network to help companies reach their full potential and create transformational change. Our focus on operational excellence helps enable our portfolio companies to scale their impact results alongside financial returns.

Double Impact by the numbers

$1.1B
Assets under management 1Bain Capital Double Impact AUM is estimated and represented as of December 31, 2024.
26
Investments 1Numbers reflect all investments Double Impact has made since launching the strategy in 2015.
24
Investment professionals1The investment professional headcount, including Portfolio Group professionals, is as of April 1, 2025.
9
Exits/monetizations1Exited companies since 2015 inception are HealthDrive, Impact Fitness, Japan Wind Development, LivingEarth, Penn Foster, Presence, Sparq, SpringWorks, and TeachTown.

Our investment themes

We invest across three themes where we believe there is significant opportunity to drive demonstrable impact while delivering competitive returns to our investors.

HEALTH & WELLNESS

Access and outcomes

Double Impact invests in companies that expand access to high-quality care and promote well-being and healthy lifestyles for all.

EDUCATION & WORKFORCE DEVELOPMENT

Opportunity and achievement

Double Impact invests in companies that address gaps in skills and achievement and aim to improve economic mobility through training, education, and economic growth in underserved communities.

CLIMATE & SUSTAINABILITY

Preserve and restore

Double Impact invests in companies that support the energy transition and reduce and reverse the environmental impacts of modern society, while also catalyzing economic growth and prosperity.

DOUBLE IMPACT

2024 year in review

We continued to advance our goal of scaling mission-driven businesses that deliver competitive financial returns while having measurable positive impacts on people and the planet.

Explore our 2024 key metrics, notable accolades, and featured company case studies that showcase our distinct advantages in action.

2024 in numbers

15%
Average revenue growth across portfolio (2023 – 2024) 1Revenue calculation includes 2023-2024 data for Arosa, AqueoUS Vets, Basic Home Infusion, Branching Minds, ConvenientMD, Cotopaxi, Excelsia Injury Care, FreeWill, Lillio, Meteor, Pacha Soap, Presence, Rodeo Dental, and Sparq.
1.8M+
Students, educators, and professionals served 2Students, educators, and professionals served data as of December 31, 2024. Source: Double Impact Education & Workforce Development companies that track total students, learners, or professionals served.
1.6M+
Patient visits 3Patient visits data as of December 31, 2024. Source: Double Impact Health & Wellness companies that track total number of patient visits.
42%
Average EBITDA growth 4EBITDA calculation includes 2023-2024 data for Arosa, AqueoUS Vets, Basic Home Infusion, Branching Minds, ConvenientMD, Cotopaxi, Excelsia Injury Care, FreeWill, Lillio, Meteor, Pacha Soap, Presence, Rodeo Dental, and Sparq.
6900+
Employees across portfolio companies 5Employee data across portfolio companies as of December 31, 2024. Source: Double Impact portfolio companies that completed the BCDI ESG survey for FY2024. Distressed investments and consortium investments are excluded. Employee count reflects headcount, not Full-Time Equivalents (FTEs).
7800+
Metric tons of CO2e reduced or saved by portfolio companies 6CO2e reduced or saved data as of December 31, 2024. Source: Double Impact portfolio companies. Includes carbon emissions saved from products sold by Double Impact portfolio companies.

2024 featured awards and accolades

1/2

Branching Minds wins CODiE Awards for Best Personalized Learning Solution and Best Customer Experience

The CODiE Awards, established in 1986, are the premier program for recognizing the best technology products. Their rigorous evaluation process validates market-leading innovation, vision, and impact.

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BW Fusion earns Certified Biostimulant label for ENVIRONOC 401

The certification confirms that ENVIRONOC 401—Biodyne’ s premier biostimulant product—meets rigorous industry efficacy, safety, and composition standards.

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Cotopaxi gear is recognized as “best bag” by leading industry reviewers

Wirecutter, National Geographic and Outside Magazine all named Cotopaxi’s backpack as best in the industry for travel and carry-on luggage.

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Meteor Education is named 2024 Power Partner Award Winner by Inc.

Inc.’s third annual Power Partner Awards list honors B2B organizations nationwide with proven track records helping companies and organizations grow and thrive.

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Sparq is named Best Place to Work for Disability Inclusion

The Disability Equality Index has become the leading independent, third-party resource benchmarking corporate disability inclusion policies and programs annually.

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Double Impact receives Platinum rating on BlueMark’s new FundID tool

The FundID methodology evaluates Double Impact’s impact approach across four key pillars: strategy, governance, management, and reporting. 1Rating was completed by BlueMark in June 2024. Double Impact paid BlueMark to complete the rating process.

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Portfolio value creation

We are spotlighting three portfolio companies that span our investment themes and value creation life cycle in 2024 to showcase the ways we partner and scale impact.