Ares Commercial Finance announced that it served as agent for a revolving credit facility in support of the acquisition of Iron Bow Technologies (Iron Bow), a leading provider of IT solutions to government, commercial and healthcare clients, by an affilia te of H.I.G. Capital. Proceeds of the financing will also be used for Iron Bow’s ongoing working capital needs.
Iron Bow is an IT solutions provider dedicated to successfully transforming technology investments into business capabilities for government, commercial and healthcare clients. The depth of expertise, global reach and strategic partnerships with industry leaders as well as disruptive technology partners uniquely positions Iron Bow to target the right solution to ensure a successful business outcome. Iron Bow partners with clients from planning and implementation through ongoing maintenance and management to deliver solutions that are strong, flexible and on target with their mission. Regardless of technology consumption philosophies, Iron Bow can provide the leadership required to drive innovation.