Post by A&O Shearman

We have advised the mandated lead arrangers (MLAs) in connection with the financing of Bain Capital's acquisition of a majority stake in Everllence, a globally leading developer and manufacturer of marine and power engines and turbomachinery, from Volkswagen Group. The deal is structured as a carve-out, with Volkswagen retaining a shareholding and continuing as a long-term partner. Everllence serves customers in global shipping, naval defense, power generation, and industrial processing, with more than 140 locations worldwide. Denise Gibson, UK managing partner and debt finance partner, said: “The transaction represents one of the largest European leveraged buyouts of 2026 and underscores continued private equity appetite for high-value industrial carve-outs. We're proud to have supported the MLAs in delivering a financing package that matches the ambition of the deal.” The team was led by partners Denise Gibson, Temi Esho, and Marc Plepelits, with counsel Rafael Serrano, senior associates Kiddist Forsythe and Odysseas Theofanis, and associates Deborah Wathome and Rhea Variava. Full advising team listed in comments. Read more: https://ow.ly/yyXL50Zi6Hg #AOShearman #LeveragedFinance #MergersAndAcquisitions