Articles from Bain Capital

Smith Hill Capital, the fully integrated commercial real estate debt investment management business of Procaccianti Companies, and Bain Capital today announced the firms' joint venture completed a $216 million refinancing for the iconic Westin New York Grand Central Hotel.

Sizzling Platter, LLC (“Sizzling Platter” or the “Company”), a premier restaurant franchise growth platform, today announced that it has partnered with Bain Capital to accelerate its expansion. The investment is being made by Bain Capital North American Private Equity, which is acquiring the business from CapitalSpring. Sizzling Platter will continue to be led by Chief Executive Officer Nathan Garn. Financial terms of the private transaction were not disclosed.

Trillium Foods (the “Company”), a premier liquid food and beverage company focused on manufacturing and innovation, today announced its official launch. The family-owned, privately held company is a scale North American platform with diverse product capabilities across dressings, sauces, mayonnaises, syrups, and beverage mixes for application in foodservice, retail, and food processing channels. Trillium Foods is majority owned by the Reddy Family and backed by an investment from Bain Capital’s Private Credit Group (“Bain Capital”). The Reddy family and Bain Capital will partner with Trillium’s management team, led by CEO Ash Reddy, to expand the Company’s capabilities and market position.

Bain Capital, a leading global private investment firm, today announced it has signed a definitive agreement to acquire Mitsubishi Tanabe Pharma Corporation (“Tanabe Pharma”, “MTPC” or “the Company”) in a carve-out transaction from Mitsubishi Chemical Group Corporation. The investment is being led by Bain Capital’s Private Equity teams in Asia and North America together with the firm’s Life Sciences team and values the business at approximately 510 billion JPY (3.3 billion USD).

Bain Capital, a leading private investment firm, today announced a majority investment in the Milacron Injection Molding and Extrusion business (or the “Company”), a globally renowned provider of highly engineered plastic processing equipment and services. Bain Capital will partner with Milacron’s current owner, Hillenbrand, Inc. (NYSE: HI), who will remain a significant investor in the business to accelerate the Company’s continued growth. Bain Capital entered into a definitive agreement to purchase an ownership stake of approximately 51% of Milacron for $287 million, subject to customary closing adjustments. Hillenbrand will retain an ownership stake of approximately 49%.

BW Fusion, an innovator in agricultural crop and soil nutrition; Biodyne, an environmental microbiology company; and Agronomy 365, a tech-enabled crop analytics and management program; today announced their merging to create an integrated platform under BW Fusion. The combined company will offer growers more effective and sustainable biologicals at every stage of the crop nutrition cycle. The transaction formalized a previous strategic alliance between the three companies and will accelerate product innovations and enhance grower support. Financial support for the transaction was provided by Bain Capital Double Impact, the impact investing arm of Bain Capital.

Bain Capital today announced it completed fundraising for its latest Global Special Situations Fund, bringing the total amount raised for its second vintage of funds to $9 billion. This capital base includes Global Special Situations Fund II, which received $5.7 billion in total commitments, inclusive of co-investments and separately managed accounts, and $3.3 billion from the firm’s previously closed Special Situations Asia and Europe regional funds. The successful fundraise positions Bain Capital as one of the largest special situations investors in the world.

MRO Holdings Inc. (“MROH” or the “Company”), a leading provider of aircraft maintenance solutions for the global commercial airline industry, today announced that it has agreed to a strategic minority investment from Bain Capital to support the Company’s ongoing development and expansion of customer-centric initiatives. Financial terms of the private investment were not disclosed and the transaction is subject to customary closing conditions.

Archwest Capital (“Archwest” or the “Company”), a lender specializing in non-owner-occupied residential real estate loan solutions, today announced it has secured a significant growth investment from Bain Capital. Bain Capital and its affiliates will acquire a controlling stake in the Company, with management, led by Chief Executive Officer Shawn Miller, retaining a significant minority stake. Financial terms of the private investment were not disclosed.

KP Aviation (or the “Company”), a leading global supplier of essential aftermarket materials and services, today announced it received an investment from Bain Capital Special Situations to accelerate its global expansion and further its industry-leading position as the supplier of choice to the fixed-wing aviation marketplace. Financial terms of the private transaction were not disclosed and proceeds will be used to purchase the interests of Balmoral Funds LLC, the Company’s current investment partner since 2015.

Meteor Education (“Meteor” or “the Company”), an innovative developer of enriching and connected learning environments for K-12 schools, today announced it has received a growth investment from Bain Capital Double Impact. The new partnership will enable Meteor to expand into new markets and advance its mission to support educators in the creation of inspiring and transformative learning experiences for students. The investment will also support Meteor’s acquisition of Blankenship Associates, a multi-generational family business that seeks to create more effective learning environments through design, construction and installation services purpose-built for K-12 schools.

Bain Capital Specialty Finance, Inc. (NYSE: BCSF, the “Company”, “our” or “we”) today announced that Fitch Ratings, Inc. (“Fitch”) has assigned the Company with an investment grade rating of BBB- and Stable outlook.

InnovaCare Health, (“InnovaCare” or “the Company”), a regional leader in integrated and value-based healthcare services, today announced the signing of a definitive agreement for a majority investment from Bain Capital Private Equity. The new partnership will accelerate the Company’s growth and enable InnovaCare to scale its innovative, physician-led model to enter key markets nationwide. Financial terms of the private investment were not disclosed.

Enhance Health, LLC, a new technology-enabled, digital health insurance brokerage and care navigation platform focused on serving the Medicare Advantage market, today announced its launch with $150 million of total capital. With a capital commitment led by Bain Capital Insurance and a partnership that will bring additional support and resources, Enhance Health will pursue a growth strategy to build a leading Medicare insurance distribution and care navigation platform through acquisition and organic initiatives.