Ares Management Corporation said it closed about $2.7 billion in commitments across 40 transactions in its U.S. direct lending portfolio during the first quarter of 2020.
The $149 billion firm’s credit group outlined five of its deals from last quarter. They were: AffiniPay/TA Associates, GB Auto Service/Greenbriar Equity Group, GPM Investments, MRI Software and Pathway Vet Alliance. Ares did not disclose the transaction size for each commitment.
Ares served as the administrative agent and lead arranger for a senior secured credit facility to support the acquisition of e-commerce payment . . .
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