Bain Capital Special Situations Invests in KP Aviation; Purchases Balmoral's Stake

Balmoral Funds Invests in KP Aviation

June 7, 2019

Aerospace & Defense

Balmoral Funds completed an equity investment in KP Aviation (KPA), an aerospace aftermarket sale and leasing company, formalizing a longer-term partnership to fund KPA’s growth. Founders Kim and Paul Schulze sold a significant ownership stake as KPA pursues expansion and works with lenders on a revolving credit facility.

Bain Capital Provides $250M Minority Growth Investment in Sikich

May 9, 2024

Professional Services

Sikich LLC has received a $250 million minority growth investment from Bain Capital (via Bain Capital Special Situations and Bain Capital Credit). Sikich will maintain majority control and its existing management team as it uses the capital to accelerate growth, pursue acquisitions and enhance operational capabilities.

Bain Capital Special Situations Acquires Sunshine Leases from Piraeus Bank

August 31, 2023

Financial Services

Bain Capital Special Situations (through Hellas Capital Leasing) acquired 100% of Sunshine Leases, the leasing subsidiary of Piraeus Bank, including a non-performing exposures portfolio (the "Sunshine Portfolio") with a gross book value of approximately €500 million. The portfolio is largely secured by commercial real estate and hotel assets and expands Bain Capital's presence in the Greek NPL and leasing market.

Bain Capital Special Situations Makes Strategic Minority Investment in MRO Holdings

July 9, 2024

Aerospace & Defense

Bain Capital Special Situations has made a strategic minority (growth) investment in MRO Holdings Inc. to support the company's expansion of customer-centric initiatives and capability scaling across its Americas maintenance network. MROH’s existing management and investment partners (the Kriete family and Caoba Capital) will remain in place; financial terms were not disclosed.

Bain Capital Private Equity Acquires Showa Aircraft Industry

May 11, 2020

Manufacturing

Bain Capital Private Equity completed a majority buyout of Showa Aircraft Industry Co., Ltd., paying approximately ¥90 billion (US$817 million) and delisting the company from the Tokyo Stock Exchange. Bain said it will support redevelopment of Showa Aircraft’s significant real estate assets in Akishima and leverage operational expertise to grow the company’s manufacturing business, which produces honeycomb core panels and other transportation-industry components.

Krystal Growth Partners Acquires Seair Seaplanes

January 15, 2025

Transportation

Krystal Growth Partners has acquired Seair Seaplanes, a regional seaplane operator serving coastal British Columbia. The investment will support operational and infrastructure improvements as Krystal and Seair explore opportunities to expand scheduled services, scenic tours, and charter offerings across the BC coast.