Strategy & Impact

Impact Philosophy

We are active partners. Our focus on operational excellence enables us to drive impact results alongside financial returns by scaling and transforming companies.

Scale Mission-Driven Companies

We identify mission-driven companies that have impact at the core of their product or service.

Accelerate Transformational Impact

We help companies reach their full social and/or environmental potential and create transformational change.

Investment Criteria

Since 1984, Bain Capital has employed a strategic, analytical approach to partnering with management teams and investing to transform businesses. We believe that long-term value depends on both strong financial results and responsible social and environmental stewardship.

We focus on equity investments of $20 to $80M+ million targeting control and growth opportunities where we can deliver commercial value alongside measurable social and environmental good.

Our Investment Process
Our partnership model allows us to capitalize on strategic sourcing that drives proprietary deal flow and advantaged opportunities. Our diligence process combines rigorous social and environmental evaluation in conjunction with our proven, commercial analysis. We believe our active partnership approach is critical for maximizing financial and impact outcomes.
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Proactive Sourcing
Proactive Sourcing

Our partnership model and track record allow us to capitalize on strategic sourcing that drives proprietary deal flow and advantaged opportunities. We proactively target high-impact investment themes across North America where Double Impact is best positioned to unlock growth. No two businesses are alike, and we seek to utilize our deep experience, commitment to impact and long-term horizon to create flexible partnerships across a variety of situations, including:

  • Founder/family led businesses
  • Corporate carve-outs
  • Combining multiple platforms to create a new category leader
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Deep Diligence
Deep Diligence

We undertake diligence on the social and environmental impact of a company in conjunction with our commercial diligence process. We have built a dedicated investment team that has the experience and expertise to conduct commercial diligence with depth and rigor, and we bring corresponding rigor to our assessment of a company’s existing and potential impact.

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Active Partnership
Active Partnership

We are active partners who leverage a dedicated portfolio team to support ambitious management teams across a number of growth strategies, including business model development and planning, sales and marketing, executive recruiting, tuck-in acquisitions, and more.

Read about our blueprint process here

Impact Management & Measurement

We have robust internal impact measurement and management practices, processes and governance mechanisms that ensure rigor and consistency throughout all stages of the investment lifecycle.

We are committed to continuous improvement and development of our practices. As the field continues to develop, we continue to test partners and opportunities for growth and improvement.

Impact Screening & Diligence

Standard framework and tools to assess impact fit or potential.

  • Impact Screening Tool
  • ESG Due Diligence Questionnaire
  • Stakeholder Assessment
  • Impact Thesis & Theory of Change
Impact Management and Measurement

Drive impact through active management.

  • Management incentives tied to Impact
  • B-Impact Assessment
  • Impact Metrics Tracking & Forecast
  • Stakeholder Toolkits
  • HPO Surveys
  • DEI Initiatives
Sustaining Impact at Exit

Conduct exits, considering effect on sustained impact.

  • Impact governance mechanisms
  • Verification of acquirer’s impact commitment and track record

The Impact Advisory Council

The Impact Advisory Council is comprised of industry thought leaders in the fields of Healthcare, Education and Workforce Development, and Impact Management. These talented advisors have dedicated their careers to improving healthcare affordability and access, addressing gaps in education and economic mobility, advancing ESG and impact investing, and public service. Given their deep experiences innovating solutions in their respective fields, this external advisory council brings best-in-class, leading solutions and challenges our approach to better advance our mission and outcomes across our portfolio companies and within our fund more broadly.

gerald-chertavian
Gerald Chertavian

Founder & CEO

cathy clark
Cathy Clark

Faculty Director Center for the Advancement of Social Entrepreneurship (CASE)

george-favaloro
George Favaloro

Regional Head
of Climate Solutions at South Pole

jeff-rideout
Jeff Rideout

President & CEO
Integrated Healthcare Association (IHA)

2022 By the Numbers

As of December 31, 2022 unless otherwise stated. For actively managed companies unless otherwise stated.

11
Companies with B Impact Assessment score 80 points or higher
1.6M+
Patient Visits

Types of patient visits reflected in this overall number varies by company and includes behavioral health visits, specialty medical and dentistry visits, telemedicine, urgent care, and in-home care visits.

82K+
Students, educators, and professionals served
86%
of companies measuring carbon emissions

This reflects companies that have completed or in the process of measuring their carbon footprint using a GHG Protocol aligned tool.