The middle market is ripe with opportunity in 2021 with heightened expectations for deal-making as well as widespread global economic optimism, according to a survey from Antares Capital.
Antares closed more than 220 transactions in 2020, issuing nearly $14 billion in financing commitments to middle market, private equity-backed companies.
Antares Capital served as sole lead arranger and administrative agent on senior secured credit facilities to support the acquisition of Clinical Education Alliance by The Riverside Company.
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.
Antares Capital served as lead arranger and administrative agent on senior secured credit facilities to support the acquisition of Montreal-based healthcare software company Logibec by Novacap.
Service Logic was acquired by Leonard Green & Partners from private equity firm Warburg Pincus. Debt financing for the transaction was provided by JPMorgan Chase Bank, Morgan Stanley, Antares Capital and Crescent Capital.
Antares Capital Advisers, a subsidiary of Antares Capital closed its inaugural senior loan fund. The fund, which launched in December 2019, closed on September 14 with approximately $3 billion of asset purchasing power, exceeding its initial target of $1.5 billion.
Antares served as lead left arranger and is acting as administrative agent for a senior secured credit facility to support Sentinel Capital Partners’ acquisition of ECM Industries.
Antares Capital, Bain Capital, First Eagle Investment Management, and Varagon Capital agreed to provide debt financing to Wind Point Partners’ acquisition of A&R Logistics.
The Antares Bain Capital Complete Financing Solution closed a $270 unitranche credit facility to support the acquisition of Comprehensive Pharmacy Services by Frazier Healthcare Partners.