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.
Bain Capital Credit’s private credit group invested $1.3 million to support middle-market and private equity-backed companies during the first half of 2023. The group has invested more than $20 billion across more than 475 portfolio companies since inception.
Legacy Corporate Lending, a new asset-based lending company, launched today as an independent lender focused on serving the needs of middle-market companies across North America. Funds managed by a subsidiary of Bain Capital Credit supported the launch with an equity investment.
Bain Capital Credit launched Bain Capital Private Credit, a perpetual life, non-traded business development company. The fund will offer access to income-producing investments in middle market companies that have historically been available mostly to institutional investors.
UMB Bank is serving as administrative agent for an amended $1.5 billion senior secured warehouse facility for two entities jointly established by Griffin Global Asset Management and Bain Capital Credit.
Bain Capital Credit’s private credit group invested $2.7 billion to support the growth of middle-market and private equity-backed companies in 2021.
Merchants Fleet, a fleet management company, expanded its core member funding group, enabling the company to access $2 billion of capacity to lease vehicles and equipment for clients as well as to invest in continued growth. BNP Paribas is leading the new group of banks.
The EQT Mid Market Europe fund (EQT Private Equity) agreed to sell Utimaco Verwaltungs to SGT Capital, a global alternative asset manager with offices in Germany and Singapore. Bain Capital Credit provided the financing for this transaction.
Keystone Agency Investors, a partnership between Keystone Insurers Group and Bain Capital Credit, entered into a $105 million senior credit facility with Madison Capital Funding.
Palisade Aviation Holdings Warehouse, Ltd. and Palisade Aviation Holdings Warehouse, LLC, which were jointly established by Griffin Global Asset Management and Bain Capital Credit, closed a $1 billion senior secured warehouse facility with Goldman Sachs as the structuring agent.