This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Ares Capital Corporation Highlights Select Financing Commitments Closed During The First Quarter

Ares Capital Corporation (NASDAQ:ARCC) is providing additional details on three of its financing commitments closed during the first quarter of 2014, which were included in Ares Capital’s earnings announcement released yesterday. Financing commitments made by Ares Capital totaled $852 million in the first quarter.

Below is a description of select transactions closed during the first quarter.

Global Healthcare Exchange, LLC. / Thoma Bravo, LLCAres Capital served as lead arranger, administrative agent, collateral agent and bookrunner for a senior secured credit facility to support the acquisition of Global Healthcare Exchange, LLC by Thoma Bravo, LLC. Global Healthcare Exchange is a provider of on-demand supply chain automation solutions in the healthcare industry.

NAPA Management Services Corporation / Moelis Capital PartnersAres Capital served as administrative agent, collateral agent, joint lead arranger and joint bookrunner for a senior secured credit facility in support of the acquisition of FOAA Anesthesia Services by NAPA Management Services Corporation, an existing portfolio company of Moelis Capital Partners. NAPA is the leading single specialty anesthesia and perioperative management company in the United States.

Shock Doctor / Bregal PartnersAres Capital served as lead arranger, administrative agent and bookrunner for a senior secured credit facility to support the acquisition of Shock Doctor by Bregal Partners. Shock Doctor is a leading developer, marketer and distributor of sports protection equipment and accessories that stretch across sports and seasons.

About Ares Capital CorporationAres Capital is a leading specialty finance company that provides one-stop financing solutions to U.S. middle market companies and private equity sponsors. The Company originates and invests in senior secured loans, mezzanine debt and, to a lesser extent, equity investments through its national direct origination platform. Ares Capital’s investment objective is to generate both current income and capital appreciation through debt and equity investments primarily in private companies. Ares Capital has elected to be regulated as a business development company, and is externally managed by a wholly owned subsidiary of Ares Management LLC. Ares Management is a global alternative asset manager and a SEC-registered investment adviser with approximately $74 billion of assets under management as of December 31, 2013. For more information, visit www.arescapitalcorp.

About Global Healthcare Exchange, LLCGlobal Healthcare Exchange, LLC (GHX) is driving costs out of healthcare by transforming the healthcare supply chain. Working with providers and suppliers, GHX is accelerating change by providing a faster, more efficient and collaborative supply chain that will take billions of dollars out of the cost of healthcare. For more information, visit www.ghx.com.

About Thoma Bravo, LLCThoma Bravo is a leading private equity investment firm building on a 30+ year history of providing equity and strategic support to experienced management teams and growing companies. The firm seeks to create value by collaborating with company management to improve business operations and provide capital to support growth initiatives. Thoma Bravo invests with a particular focus on application and infrastructure software and technology enabled services. The firm currently manages a series of private equity funds representing more than $4 billion of equity commitments. For more information, visit www.thomabravo.com.

About NAPA Management Services CorporationFounded in 1986, North American Partners in Anesthesia (NAPA) is the leading single specialty anesthesia management company in the United States. NAPA is comprised of the most respected clinical staff, providing thousands of patients with superior and attentive care. The company is known for partnering with hospitals and other health care facilities across the nation to provide anesthesia services and perioperative leadership that maximize operating room performance, enhance revenue, and demonstrate consistent patient and surgeon satisfaction ratings. For more information, please visit www.napaanesthesia.com.

About Moelis Capital PartnersMoelis Capital Partners (MCP), an affiliate of Moelis Asset Management, is a middle market private equity firm founded in 2007. MCP manages more than $850 million of committed private equity capital and specializes in traditional private equity investments in the middle market. For more information, please visit www.moeliscapitalpartners.com

About Shock DoctorShock Doctor is a leading provider of protective and performance sports equipment. With a relentless focus on innovation and technology, its products are trusted by athletes, from youth to amateur to professional, across a growing number of categories and sports. Shock Doctor has the best-in-class mouthguard offering and also provides a full continuum of innovative athletic products including core protective, performance sports therapy, sports gloves (under the Cutters® brand), and insoles. Its products are sold through major sporting goods retailers, independent dealers, online retailers, and health care professionals throughout the United States and around the globe. For more information on Shock Doctor, please visit www.shockdoctor.com.

About Bregal PartnersBregal Partners is a private investment firm that invests alongside management teams to build industry leading companies in the middle market. Areas of focus include energy services, consumer, food and retail, and healthcare. With $500 million of committed capital funded by a sixth-generation family foundation with roots back to 1841, Bregal Partners brings experience, stability, and a long-term outlook to all of its investment activities. Bregal Partners is part of Bregal Investments, a global family of private equity and fund investment vehicles that has invested more than $9 billion since 2002. For more information on Bregal Partners, please visit www.bregalpartners.com.



1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,150.33 +53.43 0.30%
S&P 500 2,101.95 +3.42 0.16%
NASDAQ 4,983.5930 +16.4520 0.33%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs