Morgan Stanley (MS) Investment Management announced today that funds managed by Morgan Stanley Private Credit have led an $875M senior debt financing package for Bridgepointe Technologies. The debt financing was provided alongside the creation of a continuation vehicle led by Carlyle AlpInvest, alongside an equity investment from existing investor Charlesbank Capital Partners and Bridgepointe management. Bridgepointe, based in San Mateo, California, helps organizations plan, implement and manage IT strategies that drive business outcomes. Through a nationwide team of technology strategists, a deep supplier ecosystem and a comprehensive suite of lifecycle services, the Company advises enterprises on telecom, cloud and IT infrastructure decisions, including supplier selection.
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