David Hoverman has joined Bain & Co as a partner in its private equity practice. Previously, Hoverman was the San Francisco office head and a member of the private equity practice at Parthenon.
MEDIA AND TECHNOLOGY EXPERT, DAVID HOVERMAN, JOINS BAIN & COMPANY’S GLOBAL PRIVATE EQUITY PRACTICE
New York – March 21, 2019 – Bain & Company announced today that David Hoverman has joined the firm as a partner in its Private Equity practice, where he will focus on media and technology companies with an emphasis on the education and training markets. He is based in Bain & Company’s San Francisco office.
In his new role, Mr. Hoverman will focus on broadening Bain & Company’s reach into the education space, providing expertise to investors and companies making acquisitions in education markets and growing their education and training businesses. In particular, he will assist the firm’s clients with navigating how technology is transforming the landscape in these markets.
“David is great asset to the Private Equity practice at Bain,” said Rebecca Burack, head of Bain & Company’s Private Equity practice in the Americas. “He brings a wealth of experience in the educational media and technology space and will play an integral role in working with investors to determine investment strategies and assess investment opportunities. He will also work with industry executives to develop long-term value creation strategies that enable them to achieve their growth and performance goals and better respond to changes in the market.”
Mr. Hoverman has more than 14 years of experience serving private equity clients and their portfolio companies. He has deep expertise in strategic due diligence, growth strategy, business planning, investment and R&D strategies, and consumer research.
“I’m thrilled to join Bain & Company and to work with a team of talented private equity professionals around the world to help top performers build new capabilities and thrive in today’s deal-making environment,” said Mr. Hoverman.
Prior to joining Bain & Company, Mr. Hoverman was the San Francisco office head and a member of the Private Equity practice at Parthenon. There, he completed several dozen due diligences and portfolio projects annually. He focused specifically on M&A, business planning and growth strategy across the education landscape, spanning pre-K, K-12 and post-secondary schools.
Outside of Bain & Company, Mr. Hoverman is a board member of the National Writing Project, a national non-profit with 200 university-based sites providing professional development to K-12 teachers.
He earned his MBA from the Tuck School of Business at Dartmouth College.
Editor’s Note: To arrange an interview, contact Dan Pinkney at email@example.com or +1 646 562 8102
# # #
About Bain & Company’s Private Equity Business
Bain & Company is the leading consulting partner to the private equity (PE) industry and its stakeholders. PE consulting at Bain has grown eightfold over the past 15 years and now represents about one quarter of the firm’s global business. We maintain a global network of more than 1,000 experienced professionals serving PE clients. Our practice is more than triple the size of the next largest consulting company serving PE firms.
Bain’s work with PE firms spans fund types, including buyout, infrastructure, real estate and debt. We also work with hedge funds, as well as many of the most prominent institutional investors, including sovereign wealth funds, pension funds, endowments and family investment offices. Bain & Company supports its clients across a broad range of objectives that include deal generation, due diligence, immediate post-acquisition and ongoing value addition, exit planning, firm strategy and operations, and institutional investor strategy.
About Bain & Company
Bain & Company is the management consulting firm that the world’s business leaders come to when they want results. Bain advises clients on private equity, mergers and acquisitions, operations excellence, consumer products and retail, marketing, digital transformation and strategy, technology, and advanced analytics, developing practical insights that clients act on and transferring skills that make change stick. The firm aligns its incentives with clients by linking its fees to their results. Bain clients have outperformed the stock market 4 to 1. Founded in 1973, Bain has 57 offices in 36 countries, and its deep expertise and client roster cross every industry and economic sector. For more information visit: www.bain.com. Follow us on Twitter @BainAlerts.