Established in 2017, Rainmaking APAC is an independent venture development company focused on building and scaling businesses by leveraging the advantages and scale strengths of corporate partners and co-founders. It is a pioneer of the “equity-share model” in corporate venture building, which allows the company to take equity alongside its corporate partners, each acting as founding shareholders in the new businesses that are created.
Management consultancy firm Bain & Company has announced its intention to acquire the Asia Pacific (APAC) arm of global venture-building studio Rainmaking, to “enhance and expand” its venture-building offerings across the region.
Announced in a joint media statement on July 7, the acquisition is expected to close at the end of the month, subject to and contingent upon several conditions precedent to completion.
