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XMachina-AI Closes Acquisition of Management Consulting Firm Bain Public.

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MANews-(C)2009-2022

Canada-based artificial intelligence business investor XMachina AI Inc. has closed the acquisition of niche management consulting firm Bain Public Inc, the company said.

On December 31, 2021, the company and Bain Public successfully agreed on the terms and conditions for the acquisition of 100% of the outstanding shares of Bain Public by the company.

The acquisition consisted of a combination of cash and shares that will vest over a defined period of time.

Bain Public is a niche management consulting firm that specializes in delivering a proprietary program for enhancing product development companies in the software ecosystem.

With its second acquisition completed, the company is focused on closing its next financing round and preparing its public listing...

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