Positec announces strategic partnership with Bain Capital to accelerate global growth and next generation innovation
Hong Kong, April 10th, 2026 – Positec Group, a global leader in cordless power tools, commercial battery outdoor power equipment and robotic solutions for commercial landscapers, golf courses, and homeowners, today announced a strategic partnership with Bain Capital, one of the world’s leading private investment firms. The investment will support Positec’s next phase of international growth, product innovation, and expansion into high-growth categories.
Founded in 1994, Positec has built a strong global position through its focus on innovation, advanced battery technology, and a leadership position in automation. Through its flagship brands, Worx and Kress, the company serves customers across key markets including North America and Europe, with a product portfolio spanning home improvement and professional-grade tools, as well as fast-growing categories such as residential and commercial robotic solutions.
Positec has selected Bain Capital as a strategic partner to support its continued shift toward electrification and robotics, while strengthening global distribution, brand development, and go-to-market capabilities. The partnership enhances the company’s financial flexibility as it scales its presence across existing and new markets, while continuing to operate under its existing leadership and long-term strategy.
Don Gao, Founder and President of Positec, said: “this partnership reflects the strength of the business we have built over the past three decades and our ambition for the future. With Bain Capital’s global expertise and support, we will accelerate our leadership in robotics and electrification, expand our international footprint, and continue redefining how tools are designed, powered and used. We remain focused on delivering meaningful innovation and value to our customers and partners worldwide”.
“We are pleased to partner with Positec at this important stage of its journey,” said Michael Hui, a Partner at Bain Capital. “Over the past three decades, Positec has demonstrated an exceptional ability to build globally competitive brands and drive product innovation. We look forward to supporting the company as it continues to expand internationally, invest in next-generation technologies, and further strengthen its market leadership.”
The partnership will not impact Positec’s day-to-day operations or its commitment to customers, partners and employees.
About Positec
Founded in 1994, Positec Group is a global technology-driven company focused on the electrification, robotization, and digitization of power tools and outdoor power equipment for consumers and commercial end users. We have developed a portfolio of premium international brands, including Worx and Kress, serving customers in nearly seventy countries and regions worldwide. Positec employs more than 4,000 people globally and continues to invest in innovation to shape the future of how tools are designed, powered, and used.
About Bain Capital
Founded in 1984, Bain Capital is one of the world’s leading private investment firms. The firm is committed to creating lasting impact for its investors, teams, businesses, and the communities in which it operates. As a private partnership, Bain Capital leads with conviction and a culture of collaboration – advantages that enable it to innovate investment approaches, unlock opportunities, and create exceptional outcomes. Its global platform invests across five focus areas: Private Equity, Growth & Venture, Capital Solutions, Credit & Capital Markets, and Real Assets. The firm has twenty-four offices on four continents, more than 1,985 employees, and approximately US$215 billion in assets under management.