Ares Commercial Finance provided a senior secured credit facility to support Atar Capital’s acquisition of WinCup, which is a food service packaging manufacturer. Headquartered in Georgia, WinCup employs nearly 1,000 people across eight manufacturing facilities.
WinCup is a manufacturer of disposable food service dine-in and takeout to-go products, including cups, bowls, containers, lids, straws and stirrers.
Atar Capital is a global private investment firm that acquires a range of lower middle market businesses.
Ares Commercial Finance is the asset-based lending team of Ares Management.