Posted on: January 9, 2012 by cnolan
New York-based Ares Capital Corp. announced three financing commitments to new portfolio companies in the fourth quarter of 2011, totaling $640 million. The firm served as administrative agent, lead arranger and bookrunner in a senior secured credit facility to support the refinancing of Grocery Outlet Inc. by Berkshire Partners. The firm also acted as administrative agent in a second lien term loan to support the acquisition of Essent Healthcare by Warburg Pincus-backed RegionalCare Hospital Partners Inc. Finally, Ares served as administrative agent, lead arranger and bookrunner in a senior secured credit facility to support the acquisition of WorldStrides by The Carlyle Group.
Tags: Ares Capital Corp., Berkshire Partners, The Carlyle Group, Warburg Pincus
Posted on: June 23, 2011 by Bernard Vaughan
Corporations and other strategic buyers are presenting buyout shops with serious competition in today’s heated market, but they’re also supplying a rich source of exits, according to the Buyouts cover story, published June 20. As of June 13, strategic buyers around the world bought 15,825 companies, including full or partial stakes, with a combined value [...]
Tags: 3i Group Plc, ABRY Partners LLC, Accel-KKR, Ares Capital Corp., Audax Group, Berkshire Partners, Court Square Capital Partners, elevation partners, First Reserve Corp., Francisco Partners Management, Greenbriar Equity Group LLC, Growth Capital Partners, Harbour Group, Integral Capital Partners, J.F. Lehman & Co, JMI Equity, KPCB Holdings Inc., Nautic Partners, Pamlico Capital, Riverstone Holdings, Sequoia Capital, The Carlyle Group, The Gores Group LLC, Vista Equity Partners
