Bain Capital Acquires Supply Chain Network SupplyOn
London (UK) – Bain Capital, a global private investment firm, announced the acquisition of SupplyOn, a supply chain collaboration platform for the automotive, aerospace, and defense industries, as well as other advanced manufacturing sectors across Europe, from its shareholders AUMOVIO, Bosch, Schaeffler, and ZF. Kirkland & Ellis advised Bain Capital Tech Opportunities on this transaction.
SupplyOn operates a technology platform that connects more than 200 major manufacturers and Tier 1 suppliers with over 140,000 suppliers worldwide. The platform supports manufacturers and suppliers in collaborating across the entire supply chain and the entire procurement lifecycle—from sourcing and purchasing through quality management, logistics, and invoicing to ESG compliance—all on a single, integrated platform. SupplyOn was founded in 2000 and has since evolved into a market-leading platform serving the broader European manufacturing ecosystem.
Bain Capital will work closely with SupplyOn’s management team to support the company’s next phase of growth. The investment will bolster product development, including the introduction of new AI capabilities to the platform to drive customer outcomes. In addition, there will be an increased focus on sales and marketing to accelerate customer adoption among manufacturers and in the defense sectors, where SupplyOn currently has a growing presence.
Bain Capital’s Tech Opportunities Investment
The firm’s business in Europe reflects its extensive experience in investing in European technology and industrial companies,combined with its long-standing expertise in the aerospace and defense sectors. The digitization of the European supply chain remains significantly underdeveloped, particularly in complex manufacturing, where supply chain coordination is critical given the growing complexity of supply chains for production processes. Bain Capital is committed to maintaining SupplyOn’s European operational presence, data residency, and governance structure, thereby ensuring continuity for customers who rely on the platform’s sovereignty and compliance standards. SupplyOn’s product quality, established customer base, and network reach position the company to capitalize on this opportunity.
The transaction is subject to the usual closing conditions and regulatory approvals. The financial terms of the transaction were not disclosed.
“SupplyOn offers a rare combination of product quality, network strength, strong customer representation, and market leadership in supply chain coordination across Europe,” said James Stevens, a partner on Bain Capital’s Tech Opportunities team. “The company has built a deeply embedded platform that customers rely on for their day-to-day operations. We see a real runway to expand into adjacent sectors and invest in product capabilities that are critical to both manufacturers and suppliers.”
“SupplyOn builds on our long-standing presence in Europe, and in Germany in particular. Through our industrial portfolio, we are customers of SupplyOn and understand the critical role it plays. “We have long-standing relationships with SupplyOn’s shareholders and look forward to continuing to support their business in the future,” said Dr. Michael Siefke, Partner and Chairman of Europe Private Equity at Bain Capital.
“We are pleased to partner with Bain Capital, which shares our long-term vision for SupplyOn as a strategic capital provider in the supply chain ecosystem across Europe,” said Markus Quicken, CEO of SupplyOn. “This partnership will enable us to accelerate our product roadmap and expand our market reach.”
Advisors to Bain Capital Tech Opportunities: Kirkland & Ellis, Munich
Maximilian Liegl (Lead, Private Equity/M&A); Associates: Mirjam Meyer, Fabian Walterhölter, Lisa Müller, Dr. Eric Scheu, Alice Treuleben-von Gans (all Private Equity/M&A), Dr. Florian Schütte (Tax)
Kirkland & Ellis, London: Jacob Traff (Lead Counsel, Private Equity/M&A), Sam Sherwood, Christopher Shield (both Debt Finance), Erika Krum (International Trade & National Security), Rebecca Perlman (Sustainability), Peter Abott, Cosmos Fung (both Tax), André Duminy, Jennifer Wilson (both Technology & IP Transactions); Associates: Ben Egan (Debt Finance), Mark Shakkour (Investment Funds), Tihomir Svilanovic (Sustainability), Shareen Dhillon (Technology & IP Transactions)
About Kirkland
With more than 4,000 attorneys in 24 cities across the United States, Europe, the Middle East, and Asia, Kirkland & Ellis is one of the leading law firms providing high-caliber legal services. The German team focuses on advising clients in the areas of private equity, M&A, restructuring, corporate and securities law, financing, and tax law. For more information, please visit kirkland.com.
About Bain Capital
Founded in 1984, Bain Capital is one of the world’s leading private investment firms. We are committed to creating sustainable impact for our investors, portfolio companies, and the communities in which we live. As a private partnership, we operate with conviction and a culture of collaboration—advantages that enable us to innovate in our investment approaches, unlock opportunities, and deliver exceptional results. Our global platform invests across five focus areas: private equity, growth and venture, capital solutions, credit and capital markets, and real estate. We have 24 offices across four continents, employ more than 2,000 people, and manage approximately $225 billion in assets. For more information, visit www.baincapital.com.
About SupplyOnSupply
On is a leading cloud-based supply chain collaboration platform that connects manufacturers with their global business partners. SupplyOn was founded in 2000 and is headquartered in Hallbergmoos, near Munich. SupplyOn’s network connects over 140,000 companies worldwide across the automotive, aerospace, rail, and other manufacturing industries. The platform enables structured digital collaboration in the areas of purchasing, procurement, quality management, logistics, and finance—and helps manufacturers strengthen collaboration, transparency, and execution in complex, multi-tiered supply chains.