vaccination
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peHUB First Read

First Read closes out the week with arctic chill and news Lyft seeks another $250 mln, Costco plans on ditching AmEx cards in U.S. stores next year and how to get Silicon Valley anti-vaxxers to change their minds (with science, stupid).

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Bain Capital to buy TI Automotive

Bain Capital has agreed to acquire TI Automotive. No financial terms were disclosed for the transaction that is expected to close in the middle of this year. Blackstone Advisory Partners is providing financial advice to TI Automotive while Goldman Sachs and UBS Securities LLC are serving as financial advisors to Bain Capital. Based in Auburn Hills, Michigan, TI Autmotive is a provider of fluid storage, carrying and delivery systems to automotive manufacturers.

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VMTurbo grabs $50 mln in ICONIQ-led round

Boston-based VMTurbo, an intelligent workload management solutions provider, has received $50 million in Series D funding. ICONIQ Capital led the round with participation from previous backers Bain Capital, Globespan Capital Partners and Highland Capital Partners.

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Bain Capital-backed VXI buys Symbio

VXI Global Solutions, which is backed by Bain Capital, has acquired Symbio. No financial terms were disclosed. Symbio is a provider of outsourced product development solutions.

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