Tag Archives: The Carlyle Group

Ares Management Completes $5.7B in New Commitments in Q3/22

Ares Management’s credit group closed approximately $5.7 billion in U.S. direct lending commitments across 45 transactions during the third quarter of 2022 and approximately $32 billion in direct lending commitments across 251 transactions in the last 12-month period.

Benefit Street Partners Supports Absolute Software’s Acquisition of NetMotion Software

Absolute Software completed its acquisition of 100% of NetMotion Software from The Carlyle Group for $340 million. Absolute funded the acquisition with approximately $65 million in cash from its balance sheet and a $275 million secured term loan from Benefit Street Partners.

Antares Agents $1.4B in Facilities for Harvest Partners’ Investment in Galway Insurance

Antares Capital served as joint lead arranger and is acting as administrative agent on $1.4 billion in senior secured credit facilities to support Harvest Partners’ investment in Galway Insurance Holdings, the holding company for EPIC Brokers & Consultants and JenCap.

Jacobs To Acquire Majority Stake in PA Consulting, Provide $975MM in Debt Financing

Jacobs is acquiring a 65% stake in PA Consulting and also providing debt financing in the form of a £650 million ($845 million) term loan and a revolving credit facility of up to £100 million ($130 million) to fund future growth.