General Atlantic Credit, Blackstone and Morgan Stanley Invest $425M in Buyers Edge Platform
April 8, 2024
Buyers Edge Platform secured a $425 million preferred equity investment led by General Atlantic Credit’s Atlantic Park fund, alongside Blackstone Tactical Opportunities and Morgan Stanley Tactical Value. The financing will fund platform innovation, strategic M&A and European expansion; institutional investor Bregal Sagemount will exit its minority stake while founder John Davie increases his majority ownership.
- Buyers
- General Atlantic Credit (Atlantic Park fund), Blackstone Tactical Opportunities, Morgan Stanley Tactical Value
- Targets
- Buyers Edge Platform
- Sellers
- Bregal Sagemount
- Industry
- Food & Beverage
- Location
- Massachusetts, United States
- Transaction Type
- Growth capital
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