Adams Street Partners has led a private credit financing of up to $400m to support the acquisition of aerospace and defence equipment business Beaufort, according to a report by Bloomberg citing people familiar with the matter.
The multi-currency facility totals between $300m and $400m and backs the purchase of Beaufort by Capitol Meridian Partners and Stellex Capital Management. The deal is structured to provide flexibility for future acquisitions and growth initiatives.
Capitol Meridian and St...
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