Adams Street Partners Secures Up to $400 Million for Beaufort Acquisition Financing
Adams Street Partners has secured up to $400 million in private credit financing to support Capitol Meridian Partners and Stellex Capital Management's acquisition of aerospace and defense equipment business Beaufort. The financing, structured between $300 million and $400 million, will enable Beaufort to access additional capital for future mergers and acquisitions, facilitating its growth through portfolio expansion and operational investments.
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Adams Street Partners led a private credit financing of up to $400 million to support the acquisition of aerospace and defense equipment business Beaufort by Capitol Meridian Partners and Stellex Capital Management. The multicurrency facility was structured between $300 million and $400 million.
The acquisition was a carve-out from Survitec and was completed this week. Adams Street was joined in the debt financing by MidCap Financial and Hamilton Lane Inc. The financing is designed to provide Beaufort with access to additional capital for future mergers and acquisitions. Capitol Meridian and Stellex plan to facilitate Beaufort's growth through portfolio expansion, operational investment, and strategic acquisitions.
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