Ares Commercial Finance served as agent for a revolving credit facility in support of the acquisition of Iron Bow Technologies by an affiliate of H.I.G. Capital.
Ares Commercial Finance provided a $5 million senior secured revolving line of credit to Rancho Harvest and its affiliates. Proceeds will refinance its existing credit facility and support the company’s ongoing working capital needs.
MidCap Financial and Ares Commercial Finance jointly provided an $80 million senior credit facility to a specialized trucking and environmental service provider, Action Enterprise Holdings d/b/a Action Resources.
Ares Commercial Finance provided a $30 million secured revolving line of credit to Cornerstone Research & Development, d/b/a Capstone Nutrition. The proceeds were used to refinance the company’s existing debt and support working capital.
Super G provided $2 million to a wine producer as a “last out” participant in a facility led by Ares Commercial Finance.