BOSTON – February 13, 2025 – Bain Capital Credit, LP, a leading global credit specialist, today announced that the firm’s Private Credit Group invested $6 billion to support the growth of middle market and private equity-backed companies in 2024.
Bain Capital Credit’s Private Credit Group made 97 investments in 2024, supporting the refinancing, leveraged buyout, and add-on acquisition activity of both new and existing portfolio companies. With over 25 years of middle market private debt experience, the Private Credit Group has invested over $25 billion across 540 portfolio companies since inception.
Additional 2024 highlights include:
- Closed over $4 billion of new capital for investments
- Investments across 97 companies, including 63 new platforms
- New investments spanned senior secured debt, unsecured debt and preferred and common equity, given our flexible capital solutions
- Served as majority lender on approximately 70% of new commitments, with a weighted average portfolio company EBITDA of $46 million
- Strong credit performance across our diversified portfolio of more than 200 middle market businesses
“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. “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.”
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 $16 billion of capital as of December 31, 2024, 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.
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About Bain Capital Credit, LP
Bain Capital Credit (www.baincapitalcredit.com) is a leading global credit specialist with approximately $51 billion in assets under management. Bain Capital Credit invests across the credit spectrum and in credit-related strategies, including leveraged loans, high-yield bonds, structured products, private middle market loans and bespoke capital solutions. Our team of more than 100 investment 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, real estate, life sciences, and insurance, and leverages the firm’s shared platform to capture opportunities in strategic areas of focus.
