Ares Commercial Finance Provides Credit Facility to Priority Waste
Ares Commercial Finance, along with other Ares Management Credit funds, provided a senior secured credit facility to Priority Waste, a portfolio company of TRP Capital Partners.
Ares Commercial Finance, along with other Ares Management Credit funds, provided a senior secured credit facility to Priority Waste, a portfolio company of TRP Capital Partners.
Lindsay Gray has joined the business development team at Ares Commercial Finance as a managing director. Gray is responsible for business development and origination, with a focus on direct lending, commercial banking and restructuring advisor relationships.
Ares Commercial Finance provided a $35 million private trade receivables securitization facility to a behavioral health treatment services organization. The client is a portfolio company of a global private equity firm.
Ares Commercial Finance provided a $31.2 million senior secured credit facility for a family-owned and operated manufacturer and distributor of high-quality home and garden equipment for professional and consumer use.
Ares Commercial Finance provided a $22.5 million senior secured credit facility to an offline processor and wholesale distributor of branded and private-label commodity, specialty and hard-cooked eggs predominantly in the Northeast and Mid-Atlantic markets.
Kristen Holihan has joined Ares Commercial Finance in its origination team as a managing director. Based in New York, Holihan is responsible for business development and origination, with a focus on restructuring, sponsor and direct lending relationships.
Ares Commercial Finance provided a $30 million senior secured credit facility to Monolith Brands Group. The company is a consumer products platform focused on acquiring omnichannel brands in niche product categories.
Ares Commercial Finance provided a $15 million senior secured credit facility to PS Energy Group, a provider of transportation fuels, emergency fueling and fleet management technology and services to utilities, government and enterprise clients.
Ares Commercial Finance provided a cross-border, $40 million senior secured credit facility to PlayMonster. The credit facility consists of an asset-based revolving line of credit secured by assets in both the United States and the UK.
Ares Commercial Finance provided a senior secured credit facility to Hint, a San Francisco-based beverage company. The credit facility consists of an asset based revolving line of credit.