The Ares Management Credit Group completed $3 billion in financing across 67 transactions in Q3.

Below are brief descriptions of nine transactions that funds managed by the Ares Credit Group closed during the third quarter:

Accruent / Genstar Capital
Ares served as administrative agent, joint lead arranger and joint book runner for a first lien term loan to support Accruent’s acquisition strategy and to refinance the company’s existing capital structure. Ares also served as administrative agent for a term loan and invested in the second lien term loan in connection with the transaction. Accruent is a provider of real estate and facilities management software serving customers across several industry verticals including retail, telecom, healthcare, higher education and public sector businesses.

American Seafoods / Bregal Partners
Ares served as administrative agent, sole arranger and sole bookrunner for a second lien term loan to support the refinancing of American Seafoods’ senior secured credit facility. The company harvests and processes a variety of fish species, including Alaska pollock, Pacific whiting (hake), yellowfin sole and Pacific cod. American Seafoods distributes its products to a diverse group of customers globally.

Command Alkon / Quilvest Private Equity
Ares served as lead agent for a first lien credit facility and second lien term loan in support of the refinancing of the company’s existing capital structure. Command Alkon provides integrated production and supply chain software and technology solutions for heavy building materials.

Frontline Education / Thoma Bravo
Ares served as administrative agent, lead arranger and book runner for a senior credit facility to support Thoma Bravo’s acquisition of the company. Frontline is a market provider of human capital management and back-office SaaS-based software solutions to employees and administrators of K-12 school organizations.

Sage Payment Solutions / GTCR
Ares served as joint lead arranger, joint bookrunner and documentation agent for a senior secured credit facility in support of the acquisition of Sage Payment Solutions by GTCR. SPS is a provider of credit card, ACH, check, gift and loyalty card processing services to small and medium-sized businesses in the U.S. and Canada.

Sanders Industries / Industrial Growth Partners
Ares served as administrative agent and revolver agent for a senior secured credit facility to support the refinancing of the company’s existing capital structure. Sanders Industries is a manufacturer of elastomeric parts, mid-sized composite structures and composite tooling for the Commercial Aerospace, Military and Industrial end markets.

SCM Insurance Services / Warburg Pincus
Ares led and served as administrative agent for first and second lien credit facilities to support the investment in SCM Insurance Services by Warburg Pincus. SCM Insurance Services is a provider of claims management, claims investigation support and risk management solutions for the Canadian property and casualty insurance industry.

Sparta Systems / New Mountain Capital
Ares served as co-lead for a first lien credit facility to support the acquisition of Sparta Systems by New Mountain Capital. Ares also made a second lien investment in connection with the transaction. Sparta is a leading provider of cloud and on-premise quality management software.

Visual Edge Technology
Ares served as joint lead arranger, joint bookrunner, administrative agent and collateral agent for a first lien credit facility to support the refinancing of the company’s existing capital structure. Ares also served as lead arranger, bookrunner and agent for a senior subordinated loan in connection with the transaction. Visual Edge provides outsourced office solutions with a focus on printer and copier equipment, parts and supplies, and service with a strong presence in the small and medium-sized business market.