"But the fact that some of Bain’s biggest winners later landed in bankruptcy court “is potentially damning evidence” that the firm left the companies in vulnerable shape, said Mr. Strömberg, the Swedish academic. He said research shows that buyout companies, on average, add value to their targets, but it is worrisome if that reverses within a few years."
The WSJ does some serious reporting on how successful Bain really was. The results are not glowing—fully 30% of investments either filed for bankruptcy or lost the investment.
(Source: The Wall Street Journal)