Ampad
In 1992, Bain Capital acquired American Pad & Paper LLC., or Ampad, Bain's Ampad strategy led to acquisition of competitors that left the firm heavily in debt. While Bain yielded over $100 million from an initial investment of $5 million, Ampad was forced to declare bankruptcy in 2000. 250 workers lost their jobs and Ampad's unsecured creditors only received $330,000 of the $179 million they were owed.

Dade Behring
In 1994, Bain Capital acquired Dade International, a medical equipment company, for $27 million, The Boston Globe reports. While Bain made eight-times what it invested from the deal, the business direction it set for Dade left the firm in piles of debt and temporary bankruptcy in 2002,

Corporate Software Inc.
Bain Capital became a minority shareholder in Corporate Software Inc. in in 1993, reports The Washington Post. While Bain was taking an active role in CSI -- which eventually merged with Stream International Inc. -- CSI began outsourcing customer service to call centers in foreign nations.

GS Technologies
In 1993, Bain Capital became a majority shareholder of then-named GS Technologies, a firm that had been operating since 1888, Reuters reports. While former GS Industry executives are reported to have been pleased with Bain's leadership, they believe Bain unnecessarily saddled their company with debt, installing inexperienced managers and spurring buyout offers from competitors.

GS filed for bankruptcy in 2001. While Bain made $12 million off of an initial $8 million investment -- along with millions more in consulting fees -- the over 700 steelworkers who lost their jobs also lost the severance pay and health insurance they had been promised. The U.S. government also had to put in $44 million towards bailing out the firm's underfunded pension plan.