Toms Shoes Gets New Owners in Out-of-Court Debt Restructuring

The Wall Street Journal reported that Toms Shoes, the company that donates a pair of shoes to a poor child for each pair it sells, is handing ownership to creditors in an out-of-court recapitalization.

Antares, Bain, Others Support Wind Point Acquisition of A&R Logistics

Antares Capital, Bain Capital, First Eagle Investment Management, and Varagon Capital agreed to provide debt financing to Wind Point Partners’ acquisition of A&R Logistics.

ABCS Supports Frazier Healthcare Partners Acquisition

The Antares Bain Capital Complete Financing Solution closed a $270 unitranche credit facility to support the acquisition of Comprehensive Pharmacy Services by Frazier Healthcare Partners.

ABCS Facility Supports Bertram Capital Flow Control Acquisition

The Antares Bain Capital Complete Financing Solution closed a senior secured unitranche credit facility to support Bertram Capital’s acquisition of Flow Control Group.

Ares Management Provides $2.9B in Commitments in Q3/18

Ares Management’s Credit Group provided approximately $2.9 billion in commitments across 47 transactions that closed during the third quarter of 2018.

New Directions: Bain Capital and Antares Capital Join Forces to Provide Unitranche Lending

Both Bain Capital and Antares Capital have global reputations as investment firms. So there was more than a bit of frisson in the lending world when the two companies announced a joint venture in December. This unique unitranche platform combines the strengths of both companies and provides an unusual opportunity for partnership. Bain Managing Director Michael Ewald and Antares Senior Managing Director Timothy Lyne share their thoughts about the new platform with ABF Journal Editor Nadine Bonner.

Credit Suisse, Morgan Stanley Lead Financing to Support Bain Capital Buy

Reuters reported, citing bank sources, that in support of Bain Capital’s acquisition of NGA Human Resources, Credit Suisse and Morgan Stanley are leading debt financing

Barclays, UBS, Others Lead Stada $2.8B Buyout Financing

Reuters reported that Barclays, Nomura and UBS led the leveraged loan financing to support Bain Capital and Cinven’s buyout of German drug maker Stada.

Credit Suisse, Goldman Lead Bain Buyout of Sealed Air

Reuters reported that Credit Suisse and Goldman Sachs are leading the financing for a $2 billion leveraged financing backing Bain Capital’s buyout of Sealed Air’s cleaning and chemicals systems and its food care divisions.

GE Sells A&NZ Lending/Leasing Portfolios to Bain Capital Affiliate

GE reached an agreement to sell GE Capital’s Commercial Lending and Leasing portfolios in Australia and New Zealand to Bain Capital global credit affiliate Sankaty Advisors.