The Carlyle Group’s global credit platform led and structured a debt financing package to support Blue Point Capital Partners’ acquisition of Cleveland-based Transtar Holding Company, a global provider of transmission and driveline-related solutions.
Carlyle’s middle market lending strategy, Carlyle Direct Lending, acted as administrative agent, sole lead arranger and sole bookrunner on the financing. Carlyle’s direct lending team is a provider of private credit solutions across the capital structure, including senior secured loans, unitranche loans and junior debt.
“We are pleased to support Blue Point’s investment in Transtar. Blue Point is uniquely positioned to further Transtar’s growth given its digital and data capabilities and deep distribution sector experience,” Jonathan Pearl, managing director of direct lending within Carlyle’s global credit platform, said.
