Ares Commercial Finance announced that it and other Ares Management credit funds have provided a $55 million senior secured revolving line of credit to Liquid Death (formally known as Supplying Demand, Inc). The Company, based in Los Angeles...
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December 16, 2024, 08:15 AM
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Ares Commercial Finance provided a $30 million senior secured revolving line of credit to Shapiro Metals. The Company, based in St. Louis, Missouri, creates customized recycling programs for manufacturing partners across a broad range of industries...
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September 25, 2024, 07:55 AM
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Schottenstein affiliates Second Avenue Capital Partners (SACP) and SB360 Capital Partners (SB360), providers of customized solutions for the retail and consumer product sectors, along with Ares Commercial Finance (Ares) closed a $112,000,000 Senior...
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September 18, 2024, 08:15 AM
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Ares Commercial Finance provided a $30 million senior secured revolving line of credit to InterDesign, Inc. The Company, based in Solon, Ohio, is a global leader in housewares distribution, providing innovative and sustainable home organization...
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September 11, 2024, 07:45 AM
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Ares Commercial Finance provided a $25 million senior secured revolving line of credit to Pegasus Home Fashions Inc. The Company is one of the largest manufacturers and distributors of bedding products in the United States. Specializing in the...
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September 04, 2024, 07:28 AM
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Ares Commercial Finance provided a senior secured revolving line of credit to Oats Overnight, Inc. The Company, which is headquartered in Tempe, Arizona, provides a fast-growing, better-for-you high protein oatmeal. Through the Oats Overnight brand...
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June 26, 2024, 08:00 AM
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Ares Commercial Finance (“ACF”) announced it is marking 10 years as the commercial finance platform of Ares Management. The evolution of the platform began with the acquisition of Keltic Financial Services, LLC in 2014 and was further augmented with...
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June 10, 2024, 07:43 AM
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Ares Commercial Finance provided a senior secured revolving line of credit to MAV Holdco, LLC (“MAV” or the “Company”), which is headquartered in Toronto, Ontario and owns four brands—Marc Anthony True Professional, Renpure, Cake Beauty and The Mane...
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March 13, 2024, 07:54 AM
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Ares Commercial Finance expanded its presence in Michigan with the addition of Victor Verazain as Managing Director for the Business Development and Underwriting teams. Verazain will be based in Southeastern Michigan and will assist in covering the...
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February 28, 2024, 07:52 AM
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Ares Commercial Finance provided a senior secured revolving line of credit to a Decorative Lighting distributor.
The proceeds via this transaction will be used to support the Company’s working capital needs and refinance a portion of the company’s...
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January 18, 2024, 07:52 AM
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Ares Commercial Finance announced that Ian Maccubbin has joined its Business Development and Underwriting teams as a Principal. Maccubbin will be based in Boston and will assist in covering the Northeast market, where he will have cross-functional...
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January 08, 2024, 08:02 AM
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Ares Commercial Finance announced that it, along with other Ares Management Credit funds, has provided a senior secured credit facility to Priority Waste, a portfolio company of TRP Capital Partners. The Company, headquartered in Clinton Township...
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November 30, 2023, 07:20 AM
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Ares Commercial Finance announced that Lindsay Gray has joined its Business Development team as a Managing Director. Based in Florida, Ms. Gray is responsible for business development and origination, with a focus on direct lending, commercial...
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November 01, 2023, 07:46 AM
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Ares Commercial Finance provided a $35.0 million Private Trade Receivables Securitization Facility to a behavioral health treatment services organization, a portfolio company of a top-tier global private equity firm.
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August 10, 2023, 06:00 AM
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Ares Commercial Finance provided a $31.2 million senior secured credit facility for a family-owned and operated manufacturer and distributor of high-quality home and garden equipment for professional and consumer use. The credit facility consists of...
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March 16, 2023, 07:51 AM
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Ares Commercial Finance provided a $22.5 million senior secured credit facility to a leading offline processor and wholesale distributor of branded and private-label commodity, specialty and hard-cooked eggs predominantly in the Northeast and...
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February 16, 2023, 07:50 AM
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Ares Commercial Finance (“ACF”) announced that Kristen Holihan has joined its Origination Team as a Managing Director. Based in New York, Ms. Holihan is responsible for business development and origination, with a focus on restructuring, sponsor and...
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September 14, 2022, 07:49 AM
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Ares Commercial Finance provided a $30 million senior secured credit facility to Monolith Brands Group, Inc. The Company is a consumer products platform focused on acquiring omnichannel brands in niche product categories. Proceeds of the credit...
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August 30, 2022, 07:50 AM
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Ares Commercial Finance provided a cross-border, $40 million senior secured credit facility to PlayMonster LLC. The credit facility consists of an asset based revolving line of credit secured by assets in both the US and UK. Proceeds of the credit...
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July 19, 2022, 07:40 AM
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Ares Commercial Finance provided a senior secured credit facility to Hint, Inc. The credit facility consists of an asset based revolving line of credit. Proceeds of the credit facility were used to refinance existing indebtedness and for ongoing...
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June 01, 2022, 07:52 AM
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Ares Commercial Finance provided a senior secured credit facility to MFG Chemical, LLC, a portfolio company of Platte River Equity. The credit facility consists of an asset based revolving line of credit and a term loan. Proceeds of the credit...
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April 05, 2022, 07:04 AM
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Ares Commercial Finance (“ACF”) provided a $30 million senior secured revolving line of credit to Marolina Outdoor, Inc., a portfolio company of Goode Partners (the “Sponsor”). Proceeds of the revolving credit facility, in conjunction with a term...
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February 02, 2022, 07:55 AM
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Ares Commercial Finance (“ACF”) provided a senior secured credit facility to Capezio, Ballet Makers, Inc. The credit facility consists of a revolving line of credit and term loan. Proceeds will be used to refinance existing indebtedness and for...
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January 19, 2022, 07:00 AM
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Ares Commercial Finance (“ACF”) announced that it has led the financing of a $210 million senior secured cross-border revolving line of credit to MicroStar Logistics (“MicroStar”), a portfolio company of Freeman Spogli. The credit facility provides...
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January 05, 2022, 08:00 AM
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Ares Commercial Real Estate Corporation entered into an agreement to increase its existing Term Loan from $60.0 million to $150.0 million, reduce the all-in pricing from LIBOR plus 5.75% to an initial fixed rate of 4.50% and extend the initial...
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November 15, 2021, 07:52 AM
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Ares Commercial Finance (“ACF”) and WhiteHawk Capital Partners, LP ("WhiteHawk") provided a CAD$130 (US$103 million) senior facility to a company based in Western Canada specializing in crane and heavy haul services.
The senior facility was...
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August 17, 2021, 07:34 AM
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Ares Commercial Finance provided a $20 million senior secured revolving line of credit to Trading Technologies International, Inc. The company, headquartered in Chicago, IL, provides trade execution software, infrastructure, and data services in...
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August 11, 2021, 07:34 AM
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Ares Commercial Finance (“ACF”) provided a $20 million accounts receivable securitization for K&N Funding, LLC, an affiliate of K&N Engineering, Inc. K&N®, a portfolio company of funds managed by Goldman Sachs Asset Management, is an industry-leader...
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June 08, 2021, 07:52 AM
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Ares Commercial Finance provided a $10 million senior secured multinational revolving line of credit to MicroStar International Holdings Corporation (“MicroStar”), a portfolio company of Freeman Spogli, for working capital purposes in support of the...
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May 19, 2021, 07:44 AM
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Ares Commercial Finance (“ACF”) provided a $45 million senior secured revolving line of credit to Southern States Cooperative, Inc. (“SSC”). Headquartered in Richmond, VA, SSC is a retail agricultural cooperative serving the agronomy, energy and farm...
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March 22, 2021, 08:00 AM
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Ares Commercial Finance provided a $100 million senior secured revolving line of credit to support the acquisition of Easton Diamond Sports, LLC (“Easton”) by Rawlings Sporting Goods, Inc. (“Rawlings”), a portfolio company of Seidler Equity Partners....
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March 01, 2021, 08:07 AM
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Ares Commercial Finance provided a senior secured revolving line of credit to support the acquisition of Continental Battery Company by H.I.G. Capital, LLC.
Headquartered in Dallas, TX, Continental Battery is a distributor of aftermarket batteries...
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February 18, 2021, 07:26 AM
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Ares Commercial Finance announced that it has provided a $100 million senior secured credit facility to Pace Industries, LLC, an entity owned by funds and accounts managed by TCW Asset Management Company and by affiliated funds and accounts of...
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November 16, 2020, 08:35 AM
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Ares Commercial Finance announced that it has provided a senior secured credit facility to support Atar Capital’s acquisition of WinCup.Headquartered in Georgia, WinCup employs nearly 1,000 people across eight manufacturing facilities that provide...
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September 16, 2020, 08:00 AM
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Ares Commercial Finance (“ACF”) announced that Mitch Drucker has joined as a Partner. Drucker will be a part of the ACF leadership team comprised of Mitch Goldstein, Ryan Cascade, John Nooney and Oleh Szczupak. He will also sit on the Investment...
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May 26, 2020, 09:25 AM
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Ares Commercial Finance announced that it has provided a $17.3 million senior secured credit facility to Cox Interior, Inc. comprised of a revolving line of credit and a term loan secured by real estate, machinery and equipment. Proceeds from the...
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January 17, 2020, 09:00 AM
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Ares Commercial Finance announced that it has provided a senior secured credit facility to Saylite Holdings LLC and its subsidiaries. Saylite is owned by CORE Industrial Partners, a Chicago-based private equity firm investing in North American middle...
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October 28, 2019, 08:45 AM
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Ares Commercial Finance announced that it has provided a senior secured revolving line of credit to Stevens Aerospace and Defense Systems LLC. The company is owned by principals of the NTC Group, Inc. Proceeds of the financing will be used to...
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October 21, 2019, 08:50 AM
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Ares Commercial Finance (ACF) announced that James Paterson has joined as Managing Director, Business Development Officer in Los Angeles, where he will focus on originating asset-based lending opportunities on the West Coast. Paterson reports to John...
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September 26, 2019, 09:00 AM
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Ares Commercial Finance announced that it has provided a senior secured credit facility to Denver Hardwood Co. Incorporated and certain of its subsidiaries and affiliates. The proceeds will be used to refinance the company’s existing credit facility...
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June 17, 2019, 09:05 AM
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Ares Commercial Finance announced that it has provided a $32 million senior secured revolving line of credit to Confluence Outdoor, LLC. The proceeds of the transaction will be used to refinance the company’s existing debt and to provide ongoing...
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May 15, 2019, 09:00 AM
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Ares Commercial Finance (ACF) announced that it has provided a senior secured credit facility to Pegasus Foods, Inc. The arrangements consist of a revolving line of credit and a capital expenditure line of credit. These facilities are in addition...
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December 17, 2018, 07:00 AM
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Ares Commercial Finance announced that it has provided a $20 million senior secured revolving line of credit to Imperial Frozen Foods. The company is owned by Kenex Holdings. Proceeds were used to refinance existing debt and to finance strategic...
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October 30, 2018, 07:07 AM
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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...
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October 24, 2018, 07:11 AM
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Ares Commercial Finance announced that it has provided a $41.7 million senior secured credit facility to CST Acquisition Corp., which included a $16.7 million term loan and an undrawn $25 million revolving line of credit to fund future growth....
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February 01, 2018, 07:20 AM
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Ares Commercial Finance announced that it has provided a $21 million senior secured credit facility to Conner Industries, Inc., which includes an $18 million revolving line of credit and a $3 million real estate term loan. Proceeds of the financing...
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January 16, 2018, 07:15 AM
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MidCap Financial and Ares Commercial Finance announced that they have jointly provided an $80.0 million senior credit facility to a specialized trucking and environmental service provider, Action Enterprise Holdings, LLC d/b/a Action Resources. The...
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December 06, 2017, 07:17 AM
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Ares Commercial Finance announced that it has provided a $30 million senior secured revolving line of credit to Cornerstone Research & Development, Inc. d.b.a Capstone Nutrition. Proceeds of the financing were used to refinance the company’s...
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October 16, 2017, 07:15 AM
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Super G provided $2 million to a wine producer and distributor operating in a state of the art, custom winemaking facility. In the early stages of a capital raise, the Company was seeking additional working capital to create availability on its line...
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September 28, 2017, 07:14 AM
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Ares Commercial Finance announced that it has provided a $15.5 million senior secured credit facility to Colorado Asphalt Services, Inc. The company, headquartered in Commerce City, Colorado, is a full-service asphalt paving and concrete flat-work...
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September 20, 2017, 07:12 AM
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Ares Commercial Finance announced that it has provided a $10 million senior secured credit facility to ClearCaptions LLC.
The company, headquartered near Sacramento, CA, is a provider of phone equipment and captioning services for people with...
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September 05, 2017, 07:15 AM
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Ares Commercial Finance announced that it has provided a $25 million senior secured credit facility to URT United Road Towing, Inc.
The company provides tow services and other related vehicle management services to large municipalities, large...
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June 19, 2017, 07:10 AM
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Ares Commercial Finance announced that it has extended $30 million of credit to Sears Authorized Hometown Stores, LLC.
The credit facility consists of a working capital revolver and is a participation in a larger global commitment of $250...
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February 06, 2017, 08:00 AM
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Ares Commercial Finance announced that it has provided a $22.53 million senior-secured credit facility to Carey Holdings, Inc. Based in Maryland, Carey is the world’s leading integrated-network ground transportation brand serving the managed travel...
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December 08, 2016, 07:49 AM
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Ares Commercial Finance announced that it has provided an $18 million senior secured credit facility to Hastings Manufacturing Company, a Michigan-based manufacturer and distributor of piston rings used in gasoline and diesel engines. The credit...
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November 22, 2016, 07:44 AM
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Ares Commercial Finance announced that it has provided a $37.3 million asset-based credit facility to Be Green Packaging, LLC, a Thousand Oaks, California-based designer and manufacturer of sustainable, compostable and recyclable molded fiber...
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September 21, 2016, 07:42 AM
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Ares Commercial Finance announced that it has provided a $17.5 million credit facility to Automated HealthCare Solutions, LLC, a Miramar, FL-based multi-faceted healthcare technology provider that operates nationwide. Automated HealthCare Solutions...
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September 14, 2016, 07:39 AM
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Ares Commercial Finance announced it has provided a $10 million asset-based credit facility to DCWV Acquisition Corporation, a Provo, UT-based company that designs, manufactures, and sells innovative, high quality products to the paper crafting...
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September 08, 2016, 07:41 AM
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Veritas Financial Partners announced the appointment of Gregg Simpson as Senior Vice President. He will be based in Veritas’s new Charlotte, NC office as part of the firm’s strategic initiative to expand geographically.Simpson brings more than 35...
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January 14, 2016, 07:26 AM
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Ares Commercial Finance has funded a $47.0 million senior secured credit facility comprised of a revolving line of credit, two term loans and a capital expenditure facility to Polymeric Resources Corporation and its wholly owned subsidiaries, Nylene...
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January 08, 2016, 07:06 AM
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Ares Commercial Finance has funded a $5.5 million senior secured revolving line of credit to Fouts Bros. Inc. and Subsidiaries. The facility refinanced the company’s existing line of credit, and will be used for ongoing working capital. Founded in...
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August 18, 2015, 07:48 AM
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Ares Commercial Finance has funded a $28 million senior secured credit facility consisting of a $25 million revolving line of credit and a $3 million term loan to Innovative Hearth Products LLC (“IHP”), a company majority-owned by an affiliate of...
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August 17, 2015, 07:54 AM
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Ares Commercial Finance has funded a $2 million senior secured revolving line of credit to Mindcrest, Inc.Mindcrest, Inc. and its wholly-owned subsidiary Mindcrest India Private Limited provide legal services to various corporate and law firm clients...
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May 28, 2015, 07:27 AM
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Ares Commercial Finance has funded a $12 million senior secured credit facility consisting of an $8 million revolving line of credit and a $4 million machinery and equipment term loan to Jersey Precast LLC. The facility refinanced the company’s...
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May 20, 2015, 07:53 AM
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First Capital, a commercial finance company with a national presence, announced that it has completed the sale of its three product businesses to separate buyers. Traditional factoring was sold to Sterling Bancorp on May 7, 2015; Recourse Factoring...
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May 19, 2015, 08:06 AM
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Wells Fargo Capital Finance announced that its Lender Finance division was administrative agent and lead arranger for a $450 million senior revolver for Ares Commercial Finance LP (“ACF”), a fund managed by the commercial finance platform of Ares...
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May 19, 2015, 07:39 AM
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Ares Commercial Finance has funded a $9 million senior secured revolving line of credit to Surge Staffing, LLC. Surge Staffing, LLC operates a Staffing and Human Resources solutions company offering a wide variety of services and support, including...
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February 20, 2015, 07:14 AM
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Ares Management, L.P. announced on Jun.5 that it has expanded into the commercial finance sector through its acquisition of Keltic Financial Services LLC and Keltic Financial Partners II, LP, a leading commercial finance company that provides...
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June 06, 2014, 07:23 AM
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