Phoenix Equity Partners to acquire Bridge Leisure

By Iris Dorbian — 1 year ago

Phoenix Equity Partners has agreed to buy Bridge Leisure, a UK-based holiday park operator, No financial terms were disclosed for the transaction, which will also include Bridge Leisure acquiring Silver Sands Holiday Park. Ares Management and RBS will provide debt financing for the deal.

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Ares, GE provide $293 mln loan for Montagu’s buy of Open GI

By Luisa Beltran — 1 year ago

The European Senior Secured Loan Programme, a joint venture between Ares Management and GE Capital, has provided a £187 million (US$293 million) loan to fund Montagu Private Equity’s buy of Open GI. Montagu announced in August it was buying Open GI, a U.K.-based supplier of software to the insurance market.

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Ares Management to acquire EIF

By Iris Dorbian — 1 year ago

Ares Management has agreed to buy Energy Investors Funds, an energy infrastructure-focused asset manager. No financial terms were disclosed for the transaction, which is expected to be completed by the end of this year.

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European Capital refinances Hillarys

By Iris Dorbian — 2 years ago

European Capital has refinanced portfolio company Hillarys for 113.5 million pounds. Also, the company has used the proceeds in addition to a 5.5 million equity investment to buy out Permira Debt Managers‘ minority stake in Hillarys. GE Capital International, Ares Management and Permira Debt Managers provided the credit facilities for the refinancing. Based in the U.K., Hillarys is a provider of domestic window coverings.

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Thoma Bravo-backed InfoVista snags 46.5 mln euros

By Iris Dorbian — 2 years ago

InfoVista, a portfolio company of Thoma Bravo, has received 46.5 million euros in debt financing from Ares Management and GE Capital International. The ESSLP served as lead arranger for the senior loan. Based in France, InfoVista is a provider of IP and RF planning, assurance and optimization software solutions.

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Ares Management agrees to buy National Veterinary Associates

By Chris Witkowsky — 2 years ago

Ares Management has agreed to acquire the parent company of National Veterinary Associates, a private owner of independent freestanding veterinary hospitals in the U.S. Ares will acquire the business from Summit Partners. NVA’s senior management will retain a minority stake in the company. Terms of the deal were not disclosed. It is expected to close in the third quarter.

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