Bain Capital Credit Announces $2.7 Billion of Financing Investments in 2021
Boston, MA, February 22, 2022 – Bain Capital Credit, L.P., a leading global credit specialist, today announced that the firm’s Private Credit Group invested $2.7 billion to support the growth of middle market and private equity-backed companies in 2021.
Bain Capital Credit’s Private Credit Group invested in more than 100 businesses across 32 industries in 2021, supporting the refinancing, leveraged buyout and add-on acquisition activity of both new and existing portfolio companies. With a track record of investing in middle market private debt dating back to 1998, the Private Credit Group has invested approximately $18 billion across over 400 portfolio companies since inception.
Additional 2021 highlights include:
• Invested $2.7 billion across more than 100 distinct portfolio companies, including to 38 new platforms
• Served as lead lender on approximately 70% of new commitments
• Strong credit performance across our diversified portfolio of 190 middle market businesses
• Closed on over $2 billion of new capital for investments
“Our strong deal pipeline enabled us to remain active in identifying compelling new opportunities to invest our flexible capital alongside private equity sponsors and middle market companies,” said Michael Ewald, a Managing Director at Bain Capital Credit and Global Head of the Private Credit Group. “We believe our scaled capital base across our senior direct lending and junior capital strategies, coupled with our differentiated global and sourcing capabilities, positions us well to continue to be a value-added partner of choice to growth-oriented management teams and sponsors.”
Bain Capital Credit's dedicated Private Credit Group focuses on providing complete financing solutions to businesses with EBITDA between $10 million and $150 million located in North America, Europe and Asia Pacific. The Private Credit Group, which managed approximately $8 billion of capital as of December 31, 2021, has a dedicated global team that enables Bain Capital Credit to diligence the most complex situations and provide flexible private capital solutions to middle market businesses.
About Bain Capital Credit, L.P.
Bain Capital Credit (http://www.baincapitalcredit.com) a leading global credit specialist with approximately $52 billion in assets under management. Bain Capital Credit invests up and down the capital structure and across the spectrum of credit strategies, including leveraged loans, high-yield bonds, distressed debt, private lending, structured products, non-performing loans and equities. Our team of more than 240 professionals creates value through rigorous, independent analysis of thousands of corporate issuers around the world. In addition to credit, Bain Capital invests across asset classes including private equity, public equity, venture capital and real estate, and leverages the firm’s shared platform to capture opportunities in strategic areas of focus.