Barings Takes Lead in Financing Deal for Connexus Resource Group
Barings, a prominent investment management firm, is excited to highlight its recent role as lead agent, arranger, and bookrunner for a significant debt financing initiative designed to support the recapitalization of Connexus Resource Group, a leader in business process services.
With over 15 years of partnership experience with AEA Investors, Barings is proud to contribute to Connexus as it strengthens its position in the dynamic business process outsourcing (BPO) market. According to Steve Jarvis, Managing Director in Barings’ Global Private Finance Group, this collaboration underscores Barings' commitment to underpinning sustainable growth and nurturing transformation within the business sector.
Scott Zoellner, Head of Capital Markets at AEA, praised Barings for its consistent reliability and innovative approach in delivering flexible financing solutions that effectively position Connexus for its next growth phase.
Barings has expanded its impressive $32.97 billion Global Private Finance platform, providing profound financing solutions underpinned by a skilled team of over 80 investment professionals. With a legacy of nearly 30 years in the industry, they have also maintained a steadfast record of generating attractive risk-adjusted returns for their investors.
About Barings
Barings is a formidable presence in the global asset management landscape with over $409 billion in assets. As a subsidiary of MassMutual, Barings is dedicated to forming strategic partnerships with institutional clients, insurance companies, and intermediaries. The firm's holistic approach to investment blends expertise across public and private markets in fixed income, real assets, and multifaceted capital solutions, ensuring they deliver consistent excess returns.
About Connexus Resource Group
Connexus Resource Group stands out in the business process services arena, concentrating on bespoke customer experience management (CXM) solutions. The firm was created in 2018 with the vision to provide specialized service that caters to high-cost-of-failure customer interactions. Connexus has expanded through strategic acquisitions, integrating firms like ROI Solutions, Global Response, J-Curve Technologies, and Active TeleSource, which helped to amplify its operational footprint.
Employing an entrepreneurial culture, Connexus brings unique technological capabilities and innovative recruiting practices that position it as an industry leader. Their commitment to excellence enables them to provide unparalleled services to clients aiming to capture market growth opportunities.
About AEA Investors
AEA Investors has a rich history dating back to 1968, founded by significant family interests alongside S.G. Warburg & Co. Their mission is to serve as a vital investment vehicle, attracting affluent industrial family offices. AEA boasts a wide-ranging global network built with leading families and business leaders over decades.
With offices in major financial hubs globally, AEA currently manages approximately $19 billion in funds and specializes in leveraged buyouts, growth capital, and private debt investments across the middle market. Their Small Business Private Equity strategy particularly focuses on cultivating companies in the growing lower-middle-market sector, investing in teams with proven records and strong business models.
Barings' substantial commitment to supporting Connexus Resource Group's recapitalization marks a significant step in fostering innovation in customer experience solutions.
Frequently Asked Questions
What is the role of Barings in the recapitalization of Connexus?
Barings serves as the lead agent, arranger, and bookrunner for the debt financing aimed at supporting Connexus Resource Group's recapitalization.
What does Connexus Resource Group specialize in?
Connexus focuses on providing bespoke customer experience management solutions and is a leader in the business process services sector.
How long has Barings been in partnership with AEA Investors?
Barings has had a working relationship with AEA Investors for over 15 years.
What does Barings aim to achieve through this financing?
Barings aims to support the growth of Connexus and exemplify its role as a long-term financing partner to businesses with strong fundamental values.
What is the asset management capacity of Barings?
Barings manages over $409 billion in assets, partnering with diverse clients to offer flexible financing solutions.
