Ares Fund to Acquire First Capital ABL Portfolio
Ares Management signed a definitive agreement to acquire the ABL portfolio of First Capital Holdings, a portfolio company of H.I.G Capital.
Ares Management signed a definitive agreement to acquire the ABL portfolio of First Capital Holdings, a portfolio company of H.I.G Capital.
GE Capital & Ares Management make an anchor investment in £265M ($3.95MM) debt package supporting KKR’s Acquisition of theTrainline.
Ares Management and GE Capital’s European Senior Secured Loan Programme provided a $114.4 million financing package to fund the acquisition of Wireless Logic by CVC Growth Partners.
Ares Management and GE Capital’s European Senior Secured Loan Programme provided a $114.4 million financing package to fund the acquisition of Wireless Logic by CVC Growth Partners.
Ares Management and GE Capital’s joint venture ESSLP has provided a £187 million (approximately $291.6 million) financing package to fund the acquisition of Open GI by Montagu Private Equity.
ESSLP, a joint venture between affiliates of Ares Management and GE Capital, announced that it has reached a total of €1 billion (approximately US$1.28 billion) in commitments since inception in 2012.
European Capital said it has completed a $191 million refinancing of their portfolio company, Hillarys. GE Capital International, Ares Management and Permira Debt Managers were said to be the incumbent lenders.
Ares Management and GE Capital International have provided a $62.3 million debt facility to French firm InfoVista through the firms’ $2.3 billion joint venture, the European Senior Secured Loan Programme.
Ares Management has expanded into the commercial finance sector through its acquisition of Keltic Financial Services and Keltic Financial Partners.
Ares Management closed its amended and restated revolver that was entered into in connection with the company’s initial public offering. Merrill Lynch, Pierce and others acted as joint lead arrangers.