Bain Capital Credit’s private credit group invested $6bn (£4.77bn) in middle-market and private equity-backed companies in 2024.
The funds were spread across 97 investments, supporting the refinancing, leveraged buyout, and add-on acquisition activity of both new and existing portfolio companies.
Bain served as majority lender on approximately 70 per cent of these new commitments, with a weighted average portfolio company EBITDA of $46m.
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“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,” said Michael Ewald, a partner and global head of the private credit group at Bain.
“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.”
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Since its inception, the private credit group has invested more than $25bn across 540 portfolio companies. The group focuses on providing complete financing solutions to businesses with EBITDA between $10m and $150m, located in North America, Europe and Asia Pacific.
As of 31 December 2024, Bain’s private credit group managed approximately $16bn of capital.
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