Funds managed by Ares Management’s credit group closed approximately $3.6 billion in commitments across 45 transactions during Q1/21.
Service Logic was acquired by Leonard Green & Partners from private equity firm Warburg Pincus. Debt financing for the transaction was provided by JPMorgan Chase Bank, Morgan Stanley, Antares Capital and Crescent Capital.
Private equity company Leonard Green & Partners will acquire ProMach from AEA Investors. Morgan Stanley and Goldman Sachs have agreed to provide debt financing to support the transaction.