14 Oct, 2025

Advent buys majority stake in Thinkex; Bain invests $150M in Govini

Deal Wrap is updated as of 3 p.m. ET.

– Advent Partners acquired a majority stake in IT managed services business Thinkex Holdings Pty. Ltd. from Alceon Group Pty Ltd.

– Bain Capital LP invested $150 million in government market analytics platform Poplicus Inc., doing business as Govini.

– Deer Management Co. LLC, doing business as Bessemer Venture Partners, exited its investment in online specialty grocer Foraged Inc. via its sale to E-Fish Co., according to S&P Global Market Intelligence data.

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