Bain Capital Credit completed the investment in Legacy Corporate Lending.

Bain Capital Credit, an investment management company, completed the investment in Legacy Corporate Lending, an independent asset-based lending company. Financial terms were not disclosed. “We are fortunate to be partnering with such a talented and experienced leadership team who shares our conviction about the need for quality ABL offerings to serve this market, and the growth opportunities that lie ahead. As seasoned industry veterans, Legacy’s executive team is uniquely positioned to address the complex needs of middle market borrowers and to do so with the speed, certainty, and execution that today’s fast paced market demands,” Thomas Kolinski, Bain Capital Credit Partner.