Private Equity
CHARLOTTE, N.C., Aug. 24, 2017 (GLOBE NEWSWIRE) -- Barings, one of the world’s leading asset management firms, announced today that it served as co-lead arranger of a second-lien credit facility to support global private equity firm Warburg Pincus in its acquisition of MSHC Inc. (“Service Logic”) from Sterling Investment Partners (“Sterling”). Barings also participated in providing a senior-secured credit facility and a revolving credit facility to Service Logic. Barings previously provided subordinated debt and an equity co-investment to support Sterling’s investment in Service Logic in 2012.