Bain Capital Credit’s private credit group invested $6 billion to support the growth of middle market and private equity-backed companies in 2024. The group made 97 investments in 2024, supporting the refinancing, leveraged buyout and add-on acquisition activity of both new and existing portfolio companies. With over 25 years of middle market private debt experience, the private credit group has invested over $25 billion across 540 portfolio companies since inception.
Additional 2024 highlights include:
- Closed over $4 billion of new capital for investments
- Investments across 97 companies, including 63 new platforms
- New investments spanned senior secured debt, unsecured debt and preferred and common equity, given our flexible capital solutions
- Served as majority lender on approximately 70% of new commitments, with a weighted average portfolio company EBITDA of $46 million
- Strong credit performance across diversified portfolio of more than 200 middle market businesses
“Through our long-standing presence in the core middle market, deep industry expertise, and a highly selective and disciplined approach to credit selection, we remain well-positioned to source and underwrite attractive investment opportunities,” Michael Ewald, a partner and global head of Bain Capital’s private credit group, said. “As we look further into 2025, we are encouraged by our active investment pipeline across geographies and look forward to continuing to serve as a trusted, long-term partner for middle market companies and private equity sponsors.”
