Citizens Closes New $450MM ABL for PRO Unlimited Recap

Citizens Commercial Banking closed a new $450 million asset-based revolver to support a recapitalization of Pro Unlimited by Harvest Partners and Investcorp.

Ares Capital Highlights $1.5 Billion in New Q3 Financing Commitments

Ares Capital provided more than $1.5 billion in financing commitments during Q3/15 encompassing eight transactions that are briefly detailed in a unique deal summary.

Golub Capital, Ares Finance Harvest Partners Acquisition of DCA

Harvest Partners announced the acquisition of DCA Investment Holding from Quad-C Management. Senior debt to support the deal was arranged by Golub Capital and Ares Capital.

Harvest Partners’ TruckPro Acquires CCI

Harvest Partners said its portfolio company TruckPro has purchased CCI Corporation. Madison Capital, JPMorgan Chase, CIT, Ally and NXT Capital provided senior debt financing.

CIT Arranges Financing for Harvest Partners

CIT Group provided a $96 million senior secured credit facility to Harvest Partners to support its refinancing of TruckPro, an independent distributor of aftermarket parts and accessories for heavy duty vehicles.

GE Capital, Others Arrange Financing for AxelaCare Sale

Harvest Partners completed the acquisition of the AxelaCare from Excellere Partners. Senior debt was arranged by GE Capital, Ares Capital and BMO Capital Markets. Oaktree Capital Management and Northwestern Mutual Capital provided mezzanine debt financing.