Tag Archives: Ares Management

Ares Provides $100MM in New Equity Capital as Hornbeck Emerges From Chapter 11

Hornbeck Offshore Services emerged from Chapter 11. As part of its plan of reorganization, Hornbeck also closed on its common stock rights offering, which resulted in a $100 million cash infusion of new equity capital led by the special opportunities funds of Ares Management.

H.I.G. Capital Acquires Supply Source, Ares Provides Financing for Deal

An affiliate of H.I.G. Advantage, an investment affiliate of H.I.G. Capital, completed the acquisition of Supply Source Enterprises. Funds affiliated with Ares Management provided financing for the transaction.