Bain Capital has provided a €130 million dual-currency senior credit facility to support JLL Partners’ acquisition of Life Couriers, a global provider of time-critical healthcare and life sciences logistics services.
Bain Capital’s Private Credit Group served as lead lender and administrative agent for the financing. The transaction builds on an existing relationship between Bain Capital Credit and JLL Partners, with the firms having worked together on several transactions in recent years.
Headquartered in Munich, Germany, Life Couriers has operated for nearly 50 years and maintains operations across the U.S., Europe, Central America, and Asia. The company focuses on transporting and handling time-sensitive healthcare and life sciences materials where delivery speed, reliability, and specialized handling are critical.
Life Couriers operates across six core business segments: radiopharma, life sciences, stem cell onboard, direct-to-patient, pharma freight, and emergency logistics. Its services support healthcare and life sciences customers across a range of highly specialized transportation requirements.
JLL Partners plans to support Life Couriers’ continued growth and expansion as the company builds on its international footprint and specialized healthcare logistics platform. Bain Capital Credit said Life Couriers’ combination of differentiated services, operational expertise, and patient-focused logistics positions it well for further growth under JLL’s ownership.
Bain Capital Credit’s Private Credit Group provides financing solutions to businesses with EBITDA ranging from $10 million to $150 million across North America, Europe, and Asia Pacific. The group managed approximately $24 billion of capital as of June 30, 2026.
The €130 million facility demonstrates Bain Capital Credit’s continued focus on supporting middle-market transactions with customized financing structures, particularly in sectors where specialized underwriting expertise is required.
KEY QUOTES:
“The Bain Capital Credit team understands the complexities of the healthcare and life sciences logistics space, and we appreciated their ability to provide a financing solution that met our specific needs.”
Garrett Hall, Managing Director At JLL Partners
“Having partnered with JLL on several transactions in recent years, we have seen firsthand the deep healthcare sector expertise the team brings to its portfolio companies. We are pleased to further build on our relationship with JLL and look forward to supporting their growth and expansion plans for Life Couriers.”
Brad Charchut, Partner At Bain Capital Credit
“Life Couriers has built a uniquely specialized healthcare logistics platform that combines innovative solutions and a broad services portfolio with a culture focused on patient outcomes. Under JLL’s ownership, we believe Life Couriers is well-positioned to strengthen its leadership in patient-led healthcare logistics.”
Graham Mellen, Director At Bain Capital Credit
