Houlihan Lokey Advises Bain Capital

Houlihan Lokey is pleased to announce that Bain Capital has agreed to acquire SupplyOn from a consortium of German industrial conglomerates, including Bosch, Aumovio, ZF, and Schaeffler.

SupplyOn is a leading cloud-based supply chain collaboration platform connecting more than 200 large manufacturers and Tier-1 suppliers with their global business partners. Founded in 2000 and headquartered in Hallbergmoos near Munich, SupplyOn’s network connects more than 140,000 companies worldwide across automotive, aerospace, railway, and other manufacturing industries. The platform enables structured digital collaboration across purchasing, sourcing, quality management, logistics, and finance—helping manufacturers strengthen collaboration, transparency, and execution across complex, multi-tier supply chains.

Bain Capital will work closely with SupplyOn’s management team to support the company’s next phase of growth. The investment will strengthen product investment, including bringing new AI capabilities into the platform to drive customer outcomes. There will also be increased focus on sales and marketing to accelerate customer adoption across manufacturers and the defence sectors, where SupplyOn has a developing footprint.

The investment, made by Bain Capital’s Tech Opportunities business in Europe, reflects the firm’s deep experience investing in European technology and industrials businesses, combined with its long-standing expertise in aerospace and defence. Bain Capital is committed to maintaining SupplyOn’s European operational footprint, data residency, and governance structure, ensuring continuity for customers. SupplyOn’s product quality, established customer base, and network reach position the company to capitalise on this opportunity.

James Stevens, a Partner on Bain Capital’s Tech Opportunities team, said of SupplyOn: “The company has built a deeply embedded platform that customers rely on for day-to-day operations. We see real runway to expand into adjacent sectors and invest in product capabilities that matter to manufacturers and suppliers alike.”

Houlihan Lokey served as the exclusive buyside advisor to Bain Capital. The transaction is subject to customary closing conditions and regulatory approvals. Financial terms of the transaction were not disclosed.

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