Technology-enabled professional services firm Sikich Secures $250 Million minority growth investment from Bain Capital

Sikich LLC, a global technology-enabled professional services company, has secured a $250 million minority growth investment from Bain Capital, maintaining majority control of the company under the leadership of CEO Christopher Geier. Founded in 1982, Sikich has experienced substantial growth, with revenue nearly tripling since 2017 and expansion into major U.S. markets and international territories, boasting nearly 2,000 employees. Geier expressed excitement about the investment, citing it as validation of Sikich's growth strategy and providing resources to enhance operational excellence and solidify its leadership position in a consolidating industry. Bain Capital's investment, facilitated by funds from Bain Capital Special Situations and Bain Capital Credit, is geared towards supporting Sikich's continued growth through acquisitions and strategic partnerships while allowing the company to maintain control. \r

The partnership is viewed as culturally aligned, with Sikich confident in its vision and the support of Bain Capital for the next phase of growth. Financial and legal advisory services were provided by PJT Park Hill, Holland & Knight LLP, Vedder Price, Kirkland & Ellis LLP, and Hunton Andrews Kurth LLP. Sikich operates under an alternative practice structure in compliance with professional standards, with Sikich CPA LLC providing audit services and Sikich LLC offering securities and investment advisory services.