Key Takeaways
- • Bain Capital's Private Credit Group acted as lead lender and administrative agent for a €130 million dual-currency senior credit facility supporting JLL Partners' acquisition of Life Couriers, according to a Bain Capital announcement distributed via Business Wire.
- • Life Couriers, a Munich-headquartered healthcare logistics provider operating for almost 50 years, specializes in time-critical transport across six segments: radiopharma, life sciences, stem cell onboard, direct-to-patient, pharma freight and emergency logistics.
- • The Bain Capital Private Credit Group targets businesses with EBITDA between $10 million and $150 million in North America, Europe and Asia Pacific, and managed approximately $24 billion as of June 30, 2026.
- • Both parties cite a prior working relationship: Bain Capital has partnered with JLL on several transactions in recent years, and JLL Partners cites Bain's healthcare sector expertise.
Summary
Life Couriers is an international group of specialized logistics operators focused on life science and healthcare logistics. Headquartered in Munich and operated by SLS Group GmbH, the company has strategic locations across the U.S., Europe, Central America and Asia. It serves six business segments: radiopharma, life sciences, stem cell onboard, direct-to-patient, pharma freight and emergency logistics. The company describes its services as enhancing and saving patient lives, and has been operating for almost 50 years.
Garrett Hall, Managing Director at JLL Partners, said the Bain Capital Credit team understood the complexities of healthcare and life sciences logistics and offered a financing solution that met the company's specific needs. Brad Charchut, Partner at Bain Capital Credit, cited the firms' prior transactions together and said Bain looks forward to supporting Life Couriers' growth and expansion plans. Graham Mellen, Director at Bain Capital Credit, said that under JLL's ownership the company is well positioned to strengthen its leadership in patient-led healthcare logistics.
Bain Capital's Private Credit Group focuses on complete financing solutions for businesses with EBITDA of $10 million to $150 million. According to the release, the group managed approximately $24 billion as of June 30, 2026. JLL Partners, a middle-market private equity firm founded in 1988, has invested approximately $9 billion of equity capital across 61 platform investments, with a focus on healthcare, industrials and business services. Bain Capital, founded in 1984, reports approximately $230 billion in assets under management.
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