Sikich announced receiving a $250 million minority growth investment from Bain Capital.
In a press release Thursday, Christopher Geier, CEO of Sikich, said, “Partnering with a leading global investor like Bain Capital is a testament to our strategy and provides us with additional meaningful resources and extensive knowledge to advance our mission and deliver on our value proposition to employees and clients.”
After the capital injection, Sikich will retain majority control and Geier will still lead the existing executive and leadership teams.
According to Cristian Jitianu, a partner at Bain Capital Special Situations, Sikich’s differentiated business model has enabled the company to gain a share in a fragmented market.