Stellus Capital Management, a provider of lower middle-market direct lending, provided senior debt financing and an equity co-investment in support of Abry Partners’ investment in Inoapps.
Funds managed by Ares Management’s credit group closed approximately $7.2 billion in commitments across 54 transactions during Q3/21 and approximately $27 billion in commitments across 244 transactions in the 12-month period ended Sept. 30.
Funds managed by Ares Management’s credit group closed approximately $9 billion in commitments across 77 transactions during Q2/21 and approximately $21.8 billion in commitments across 221 transactions in the 12-month period ended June 30, 2021.
Insurance broker and personal lines provider Confie completed the refinancing of a new $220 million credit facility led by Goldman Sachs and Barclays.
Antares Capital served as administrative agent and lead arranger of $35 million in senior secured credit facilities to support the acquisition of Nuspire Networks by ABRY Partners.
Golub Capital served as administrative agent, joint lead arranger and joint bookrunner to support the acquisition of Dermatology Associates by ABRY Partners.
Antares Capital served as administrative agent, lead arranger and bookrunner on a senior secured credit facility to support the acquisition of SambaSafety by ABRY Partners.
Antares Capital is serving as lead arranger and administrative agent on a $183.5 million unitranche credit facility in support of the acquisition of Direct Travel by ABRY Partners.
Ares Capital provided more than $1.5 billion in financing commitments during Q3/15 encompassing eight transactions that are briefly detailed in a unique deal summary.