Ares Management Closes $31.8B in New Commitments in Last 12 Months

F.N.B. entered its next phase of strategic expansion in Virginia, including further growth of its retail network in the greater Washington, D.C., area and plans to extend its commercial banking operations into Richmond, VA, with a new loan origination center.

July 28, 2022 AffiniPay | American Technologies | Ares Management | Bansk Group | Beeline | Bottomline Technologies | Crete Mechanical Group | Foundation Risk partners | Insight Partners | Kaseya | Mimecast | OMERS Private Equity | Permira Advisers | Premise Health | Ridgemont Equity Partners | Stone Point Capital | TA Associates | Thoma Bravo | TSG consumer Partners | Warburg Pincus | Woodstream Ian Koplin

Secured Finance Technology Provider IDS Rebrands as Solifi

IDS and its recently acquired companies, William Stucky and Associates and White Clarke Group, launched a new company identity and will now be known as Solifi.

October 12, 2021 A.J. Rohde | David Hamilton | IDS | Solifi | Thoma Bravo | White Clarke Group | William Stucky and Associates Ian Koplin

Blackstone, Ares, PSP and Thoma Bravo Credit Support Thoma Bravo’s Acquisition of Stamps.com

Thoma Bravo completed its acquisition of Stamps.com for approximately $6.6 billion in cash. Blackstone Credit, credit funds managed by Ares Management, PSP Investments Credit II and Thoma Bravo Credit provided debt financing for the transaction.

October 6, 2021 Ares Management Corporation | Blackstone Credit | Holden Spaht | J.P. Morgan Securities | Ken McBride | Kirkland & Ellis | Proskauer Rose | PSP Investments Credit II | Stamps.com | Thoma Bravo Ian Koplin

IDS to Acquire White Clarke Group

IDS agreed to acquire White Clarke Group, a provider of retail, fleet, wholesale and asset finance solutions for the automotive and equipment finance markets.

April 7, 2021 A.J. Rohde | Brendan Gleeson | David Hamilton | Five Arrows Principal Investments | IDS | Kirkland & Ellis | Robert W. Baird & Co. | Thoma Bravo | Vivek Kumar | White Clarke Group Ian Koplin

Truist, Interbank, Nomura, Barclays Provide Financing for Thoma Bravo’s Investment in Venafi

Truist Securities, Interbank, Nomura Corporate Funding Americas and Barclays provided financing for private equity firm Thoma Bravo’s investment in Venafi, an inventor and provider of machine identity management.

January 4, 2021 Barclays Kirkland & Ellis | Chip Virnig | Interbank | J.P. Morgan | Jeff Hudson | Nomura Corporate Funding Americas | Nomura Securities International | Orrick | Seth Boro | Thoma Bravo | Truist Securities | Venafi Phil Neuffer

Thoma Bravo Supports Zipari’s Merger with Investment

Thoma Bravo, a private equity investment firm focused on the software and technology-enabled services sector, supported Zipari’s combination with Healthx through an investment valuing the company at more than half a billion dollars.

December 22, 2020 AJ Jangalapalli | Brentwood Capital Advisors | Dave Schwab | Goldman Sachs Asset Management. | Goodwin Procter | Health Velocity Capital | Healthx | Hudson Smith | JMI Equity | Kirkland & Ellis | Mark Nathan | Mark Rapoport | Saurabh Bhansali | Thoma Bravo | TripleTree | Zipari Phil Neuffer

Owl Rock, Goldman Sachs and Others Finance Thoma Bravo’s Acquisition of AxiomSL

Owl Rock Capital, Goldman Sachs’ merchant banking division, PSP Investments Credit and Harvest Partners provided financing for private equity firm Thoma Bravo’s acquisition of AxiomSL, a provider of cloud-enabled risk management and regulatory solutions. 

December 10, 2020 Alex Tsigutkin | AxiomSL | Brian Jaffee | Goldman Sachs Merchant Banking Division | Harvest Partners | Holden Spaht | Owl Rock Capital | PSP Investments Credit USA | Thoma Bravo Phil Neuffer

Ares Closes $2B in U.S. Direct Lending Commitments in Third Quarter

Ares provided details on new financing commitments. Funds managed by the company’s credit group closed approximately $2 billion in commitments across 31 transactions during the third quarter, totaling $6.4 billion in commitments across 95 transactions year to date.

October 29, 2020 American Technologies | Ares Management Corporation | Berkshire Partners | EP Wealth Advisors | EverCommerce | Heelstone Energy | Majesco | Safe Home Security | Silver Lake Partners | Thoma Bravo | TSG consumer Partners Ellie Delany

Jefferies Supports Thoma Bravo Acquisition of Ellie Mae

Ellie Mae, a cloud-based platform provider for the mortgage finance industry, has been acquired by private equity investment firm Thoma Bravo. Jefferies provided financing to support the transaction.

April 18, 2019 Ellie Mae | Holden Spaht | Jefferies | Jonathan Corr | Thoma Bravo nadine

Thoma Bravo Acquires Majority Stake in Mailgun

Thoma Bravo, a software-focused private equity investment firm, has acquired a majority stake in Mailgun Technologies, a provider of email infrastructure software, from Turn/River Capital.

April 2, 2019 Hudson Smith | Mailgun | Thoma Bravo | Will Conway ckirtley