Bain Capital Credit’s private credit group invested approximately $2 billion to support the growth of middle-market and private equity-backed companies in 2023.
The group invested in 58 businesses across 34 industries in 2023, including 20 new platforms, supporting the refinancing, leveraged buyout and add-on acquisition activity of both new and existing portfolio companies. The group also served as majority lender to more than 60% of its new commitments and closed on $1.5 billion in new capital for investments.
With experience investing in middle-market private debt dating back to 1998, the Bain Capital Credit’s private credit group has invested more than $22 billion across more than 475 portfolio companies since inception.
“We continue to find differentiated investment themes that enable us to leverage our more than 25 years of in-house industry expertise in support of the growth of middle-market-sized companies,” Michael Ewald, a partner at Bain Capital Credit and global head of the firm’s private credit group, said. “We continue to view the core middle market as an attractive and highly fragmented market and believe we are well-positioned to capitalize on opportunities through our longstanding senior direct lending and junior capital strategies while serving as a collaborative partner to high quality, growth-minded management teams and private equity sponsors.”
Bain Capital Credit’s dedicated private credit group focuses on providing financing solutions to businesses with EBITDA between $10 million and $150 million located in North America, Europe and the Asia-Pacific region.
