Bain invests $75m in FleetCor

"Bain Capital, the Boston private-equity firm, has invested $75 million in FleetCor, a provider of specialized credit cards for commercial fleets and gas retailers. The Bain investment is part of a broader recapitalization intended to fund growth opportunities at the Atlanta-based company. FleetCor also replaced an existing credit arrangement with a $130 million term loan and a $30 million revolving credit facility raised by JP Morgan Chase Bank and PNC Bank."

[The Boston Globe - Boston.com - Business]