Stonepeak has finalized the acquisition of Boundary Street Capital, LP. Boundary Street is a specialist private credit manager with a strong track record in digital infrastructure, enterprise software, and technology services sectors.
Stonepeak executives shared their enthusiasm about the deal.
“The teams represents a strong cultural fit for our firm, and their addition will enable us to bring an even broader set of offerings to our limited partners and borrowers across the infrastructure landscape,” said Jack Howell, Co-President of Stonepeak.
“With expertise in digital infrastructure and technology services and extensive experience in the lower middle market, Boundary Street complements our existing credit investing capabilities well,” said Michael Leitner, Senior Managing Director at Stonepeak.
“We are excited to start capitalizing on the many investment opportunities we’re seeing driven by digitalization and AI in ways we could not have done before,” said Rashad Kawmy, Partner and Co-Founder of Boundary Street.
Paul, Weiss, Rifkind, Wharton & Garrison, and Simpson Thacher & Bartlett LLP acted as legal counsel to Stonepeak, while Hogans Lovells provided legal support to Boundary Street.
