Blackstone Inc has extended a $600m private credit loan to Acuity Knowledge Partners, a research and data services firm owned by private equity company Permira Holdings LLP, according to a report by Bloomberg.
The report cites unnamed sources familiar with the matter as revealing that the new financing, structured as a unitranche loan – a combination of senior and junior debt – will be used to refinance Acuity’s existing obligations.
A Blackstone spokesperson confirmed that the loan has been finalised but did not provide additional details.
Permira acquired Acuity Knowledge Partners in January 2023 from Equistone Partners Europe Ltd for an undisclosed amount.