Bain Capital Affiliate Discloses 15% Stake in Nutanix
Ticker: NTNX · Form: SC 13D · Filed: Jul 26, 2024 · CIK: 1618732
Sentiment: neutral
Topics: 13D-filing, significant-stake, private-equity
Related Tickers: NTNX
TL;DR
**Bain Capital affiliate BCPE Nucleon now owns 15% of Nutanix (45.6M shares) after a July 22nd transaction.**
AI Summary
On July 26, 2024, BCPE Nucleon (DE) SPV, LP, an affiliate of Bain Capital Investors, LLC, filed a Schedule 13D regarding Nutanix, Inc. The filing indicates that BCPE Nucleon (DE) SPV, LP beneficially owns 45,600,000 shares of Nutanix's Class A Common Stock, representing approximately 15.0% of the outstanding shares. This filing was made on July 26, 2024, following a transaction on July 22, 2024.
Why It Matters
This filing signals a significant ownership position by a major private equity firm in Nutanix, potentially influencing future corporate strategy or strategic transactions.
Risk Assessment
Risk Level: medium — A significant stake by a private equity firm can lead to activist investor behavior or strategic shifts, introducing uncertainty.
Key Numbers
- 15.0% — Ownership Stake (Percentage of Nutanix Class A Common Stock beneficially owned by BCPE Nucleon (DE) SPV, LP.)
- 45,600,000 — Shares Owned (Number of Nutanix Class A Common Stock shares beneficially owned by BCPE Nucleon (DE) SPV, LP.)
- July 22, 2024 — Event Date (Date of the event requiring the filing.)
- July 26, 2024 — Filing Date (Date the Schedule 13D was filed with the SEC.)
Key Players & Entities
- Nutanix, Inc. (company) — Subject Company
- BCPE Nucleon (DE) SPV, LP (company) — Filing Person
- Bain Capital Investors, LLC (company) — Affiliate of Filing Person
- 45,600,000 (dollar_amount) — Number of Shares Owned
FAQ
Who is the filing person and what is their relationship to Bain Capital?
The filing person is BCPE Nucleon (DE) SPV, LP, which is an affiliate of Bain Capital Investors, LLC.
What is the total number of Nutanix shares beneficially owned by BCPE Nucleon (DE) SPV, LP?
BCPE Nucleon (DE) SPV, LP beneficially owns 45,600,000 shares of Nutanix, Inc. Class A Common Stock.
What percentage of Nutanix's outstanding stock does this ownership represent?
The 45,600,000 shares represent approximately 15.0% of the outstanding shares of Nutanix, Inc. Class A Common Stock.
When did the event requiring this filing occur?
The date of the event which requires the filing of this statement was July 22, 2024.
What is the business address of the filing entity?
The business address for BCPE Nucleon (DE) SPV, LP is 200 Clarendon Street, Boston, MA 02116.
Filing Stats: 2,215 words · 9 min read · ~7 pages · Grade level 14.6 · Accepted 2024-07-26 18:30:25
Key Financial Figures
- $0.000025 — Name of Issuer) Class A Common Stock, $0.000025 par value per share (Title of Class o
- $750,000,000 — d and delivered to the Reporting Person $750,000,000 aggregate principal amount of the Issue
- $1,000 — e of 36.0360 shares of Common Stock per $1,000 principal amount of the Notes (which is
- $27.75 — equal to an initial conversion price of $27.75 per share), in each case subject to cus
- $817,632,828 — ce to the Issuer that it was converting $817,632,828 aggregate principal amount of Convertib
- $65.51 — price of Common Stock of approximately $65.51 per share. The Reporting Person specifi
Filing Documents
- d810708dsc13d.htm (SC 13D) — 40KB
- 0001193125-24-186422.txt ( ) — 41KB
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information in this statement is true, complete and correct. Dated: July 26, 2024 BCPE Nucleon (DE) SPV, LP By: BCPE Nucleon (DE) SPV (GP), LLC, its general partner By: /s/ David Humphrey Name: David Humphrey Title: Authorized Signatory