Trinity Life Sciences and Bain & Company form strategic partnership

Date: 2022-08-09   Author: Saipriya Iyer  Category: #news

Trinity Life Sciences and Bain & Company form strategic partnership

Global management consultancy Bain & Company and leading life sciences firm Trinity Life Sciences have reportedly formed a strategic partnership.

This collaboration aims at combining Trinity’s deep technical expertise in medtech and biopharma and Bain’s deeper global experience in the life sciences value chain. Under the partnership, Bain & Company will acquire a minority stake in Trinity.

Tim van Biesen, Head of Global Healthcare practice at Bain & Company has stated that the collaboration offers top-class capabilities to cater to the comprehensive needs of the clients.

Van Biesen further added that the partnership will deliver curated solutions and customized support by focusing on all pertinent life science organization levels.

The announcement comes along the heels of multiple strategic moves from Trinity, which include a collaboration with Kohlberg & Co in November 2021, alongside the recent takeover of D Cube Analytics, which added digital transformation and data science capabilities to its expanding commercialization portfolio.

Trinity Chief Executive Officer David Fitzhenry has expressed that the partnership is an ideal prospect for the company to deepen and expand its client offerings.

Fitzhenry also noted that the partnership brings together the leading life sciences experts of both companies, Bain’s extensive abilities in areas such as M&A, private equity, digital transformation, and commercial excellence along with Trinity’s data and analytics services.

Moreover, Kohlberg & Co’s operating Partner and Trinity Chairman, Matt Jennings, has cited that the Bain-Trinity collaboration offers unmatched depth and breadth in the commercial strategy which is supported by robust data analytics.

For the record, Bain & Company was founded in 1973 and operates in 65 cities across 40 countries. The company has earned a gold rating from the leading performance rating platform EcoVadis for global supply chains, ranking it in the top 2 percent of all companies.

Source credit:

https://www.prnewswire.com/news-releases/bain--company-and-trinity-life-sciences-announce-strategic-partnership-301601748.html



About Author


Saipriya Iyer linkdin-boxtwitter

Saipriya Iyer

Saipriya Iyer currently works as a content developer for AlgosOnline. A computer engineer by profession, she ventured into the field of writing for the love of playing with words. Having had a previous experience of 3 years under her belt, she has dabbled with website...

Read More

Post Recommendents

India-based Kaizen AI set to influence the $1.36 trillion GCC realty sector

Author: Pankaj Singh

Kaizen AI, a prominent technology firm that uses AI to revolutionize large-scale building projects, is entering the lucrative GCC real estate sector, where the value of planned and under-construction projects is projec...


Microsoft expands partnership with Oracle to Deliver Oracle Database Services

Author: Pankaj Singh

Microsoft Corp. and Oracle Corp. have reportedly announced the availability of Oracle Database@Azure, which provides direct access to the Oracle database services operating on Oracle Cloud Infrastructure ...


Reliance Industries and NVIDIA join hands to advance AI in India

Author: Pankaj Singh

Indian billionaire Mukesh Ambani-owned Reliance Industries Ltd. has reportedly announced a partnership with U.S.-based chipmaker NVIDIA for advancing AI in India.

Apparently, Indi...