Bain Capital Credit completed the $50m investment in Merchants Fleet.

Bain Capital Credit, an American private investment firm, completed its $50m investment in Merchants Fleet, a fleet management company. “The fourth industrial revolution is pushing forward, being driven by societal and consumer shifts, and the fleet industry will see both evolutionary and revolutionary change. Over the past couple of years, Merchants Fleet has been embracing this change, and bringing to market comprehensive, innovative, flexible and specialized offerings that have impacted our clients tremendously and resulted in significant growth for our company. Bain Capital Credit has a long track record of providing flexible and scalable solutions for financing growth strategies, and we look forward to partnering with them as we continue to lead the disruptive change facing commercial fleets across North America,” Brendan P. Keegan, Merchants Fleet CEO.