Press release
BOSTON—February 1, 2023—Bain & Company today announced its acquisition of Umbrage, a Houston-based digital product studio that partners with its clients to design, develop, and scale world-class software solutions.
The announcement comes as new digital business models are increasingly being enabled by new developments in enterprise software, and companies are seeking new avenues to unlock growth.
Together, Umbrage will work closely with Bain’s Innovation & Design services and bring additional deep technical expertise in areas such as Product Management, UI/UX Design, Full-Stack Development, DevOps, QA, and Web3. The move will further support clients with the end-to-end delivery capabilities necessary to conceptualize, design, build, and scale next-level, software-driven business models and products.
“Bain’s commitment to delivering results with clients requires expanding and enhancing its ability to innovate and industrialize digital solutions,” said Arpan Sheth, global leader of Vector℠, Bain’s digital delivery platform. “Joining forces with Umbrage will allow us to develop a best-in-class, craft-centric digital product and venture building studio that will enable our clients to not only develop successful digital strategies, but to also execute on these strategies through world-class software capabilities. Umbrage further enhances Bain’s Next solution to support our clients in their business building missions”
The deal will accelerate the scaling of the firm’s Innovation & Design services by strengthening Bain’s full suite of digital services provided through Vector. To date, Bain’s Vector team has advised on more than 6,700 digital projects across industries around the world, delivering end-to-end capabilities in advanced analytics, innovation & design, software engineering and enterprise technology. It does this by embedding technical experts within Bain’s consulting teams, working as one joint team to help clients achieve their digital ambitions.
“We are excited to be joining forces with Bain to build on their extraordinary success to date, and to ensure our clients achieve next levels of growth during a time when undergoing digital transformations is critical for achieving superior business outcomes,” said Will Womble, CEO of Umbrage. “Alongside Bain, we can deliver enhanced end-to-end solutions that will position our clients for success and to adapt during waves of disruptive emerging technologies.”
Following completion of the deal with Bain, Umbrage will continue to operate independently as a branded service line associated with Bain Innovation & Design. Umbrage will also continue to provide services to its pre-existing clients across energy and natural resources and multiple other sectors.
Editor's Note: For more information or interview requests please contact: Dan Pinkney, Bain & Company, tel. +1 646 562 8102, email: dan.pinkney@bain.com
About Umbrage
Umbrage is a crafts-based digital studio with presence in Houston, TX and Monterrey, Mexico. Founded in 2019, Umbrage partners with its customers to deliver and scale solutions to complex business problems. Having deep technical expertise and a desire to integrate with its clients, Umbrage has delivered and scaled customized software solutions to a variety of industries notably including Web3 applications in financial services and the energy and natural resources industries
Sobre a Bain & Company
Somos uma consultoria global que auxilia empresas e organizações a promover mudanças que definam o futuro dos negócios. Com 65 escritórios em 40 países, trabalhamos em conjunto com nossos clientes como um único time, com o propósito compartilhado de obter resultados extraordinários, superar a concorrência e redefinir indústrias. Em 2022, a Bain completou 25 anos de atuação na América do Sul, trabalhando fortemente em conjunto com as maiores companhias líderes de seus segmentos. Complementamos nosso conhecimento especializado integrado e personalizado com um ecossistema de inovação digital a fim de entregar os melhores resultados, com maior rapidez e durabilidade.
Com o compromisso de investir mais de US$ 1 bilhão em serviços pro bono em dez anos, usamos nosso talento, conhecimento especializado e percepção em prol de organizações que enfrentam atualmente os desafios urgentes relacionados ao desenvolvimento socioeconômico, meio ambiente, equidade racial e justiça social.
Desde nossa fundação em 1973, medimos nosso sucesso pelo de nossos clientes e temos o orgulho de manter o mais alto nível de satisfação em nossa indústria. Saiba mais em www.bain.com.br e em nosso LinkedIn Bain & Company Brasil.