Funds managed by the credit group of Ares Management closed approximately $9.3 billion in U.S. direct lending commitments across 71 transactions during Q1/24 and approximately $29.6 billion in direct lending commitments across 253 transactions in the 12 months ended March 31, 2024. Below is a description of selected transactions that Ares closed during Q1/24._x000D_
_x000D_
Aptean/TA Associates, Insight Partners and Charlesbank_x000D_
_x000D_
Ares served as a lender for a senior secured credit facility to support the sponsors’ continued growth plans for Aptean, a provider of enterprise resource planning software primarily for small and medium-sized businesses._x000D_
_x000D_
The Ardonagh Group/Madison Dearborn Partners and HPS Investment Partners_x000D_
_x000D_
Ares served as the administrative agent and lead arranger for multicurrency senior secured term loans split across USD, EUR and AUD tranches to support continued growth plans for Ardonagh, a global insurance broker with a diversified set of capabilities across distribution, wholesale and underwriting services._x000D_
_x000D_
Artivion_x000D_
_x000D_
Ares served as the administrative agent, sole lead arranger and sole book runner for a senior secured credit facility to support the growth plans of Artivion, a company involved in manufacturing, processing and distributing medical devices and implantable human tissues used in cardiac and vascular surgical procedures for patients with aortic disease._x000D_
_x000D_
Banyan Software Holdings_x000D_
_x000D_
Ares served as the administrative agent, sole lead arranger and sole bookrunner for a senior secured credit facility to support the growth plans of Banyan, which owns and operates vertical software business units._x000D_
_x000D_
Broadcast Music Inc. (BMI)/New Mountain Capital_x000D_
_x000D_
Ares served as the administrative agent, joint lead arranger and joint bookrunner for a senior secured credit facility to support New Mountain Capital’s acquisition of BMI, a performing rights organization that protects the rights of and advocates for more than 1.4 million songwriters, composers and music publishers._x000D_
_x000D_
Clarience Technologies/Genstar Capital_x000D_
_x000D_
Ares served as a joint lead arranger and joint bookrunner for a senior secured credit facility to support the acquisition of Safe Fleet by Clarience Technologies, a Genstar portfolio company. Clarience Technologies is a manufacturer of safety lighting, wiring harnesses, telematics systems, fuel filtration devices and other safety accessories for a variety of commercial vehicle end markets._x000D_
_x000D_
Computer Services Inc. (CSI)/Centerbridge Partners, Bridgeport Partners and TA Associates_x000D_
_x000D_
Ares participated in an incremental senior secured credit facility to support the sponsors’ continued growth plans for CSI, an infrastructure software provider to community and regional banks in the U.S._x000D_
_x000D_
ENTRUST Solutions Group/Kohlberg & Company_x000D_
_x000D_
Ares served as the administrative agent, joint lead arranger and joint bookrunner for a senior secured credit facility to support the continued growth of ENTRUST, a consulting and engineering services platform serving the utility and infrastructure end markets by providing consulting, design and engineering services._x000D_
_x000D_
Equinox Holdings_x000D_
_x000D_
Ares served as a lender for a senior secured credit facility to support future growth of Equinox, which operates upscale, full-service health clubs that offer a selection of branded programs, services and products, including strength and cardio training, group fitness classes, personal training, spa services and other products._x000D_
_x000D_
Nelipak Healthcare Packaging/Kohlberg & Company_x000D_
_x000D_
Ares served as the administrative agent, joint lead arranger and joint bookrunner for a senior secured credit facility to support Kohlberg’s continued growth plans for Nelipak Healthcare Packaging, a global manufacturer of rigid and flexible packaging solutions for medical device, pharmaceutical drug delivery and other demanding applications._x000D_
_x000D_
Premise Health/OMERS Private Equity_x000D_
_x000D_
Ares served as the administrative agent and lead arranger for a senior secured credit facility to support OMERS Private Equity’s continued growth plans for Premise Health, a provider of employer-sponsored onsite health clinics/pharmacies and digital wellness solutions._x000D_
_x000D_
The Ultimus Group/GTCR_x000D_
_x000D_
Ares served as a joint lead arranger and joint bookrunner for a senior secured credit facility to support GTCR’s continued growth plans for Ultimus, a privately-owned fund administrator with capabilities spanning fund administration, accounting, transfer agency and shareholder services.
Forward for Specialty Finance
