Ares Capital Corporation

Ares Capital Corporation, founded in 2004 and headquartered in New York, is a finance company specializing in providing debt capital to private middle-market companies. With offices in the United States, Europe, and Asia, the firm focuses on corporate, project, and venture finance, offering various types of debt investments including revolver, first and second lien, stretch senior, unitranche, subordinated debt, private and public high yield, and non-control equity. Ares Capital Corporation is a specialty finance company that manages assets through private markets across diverse industries, with investments ranging from acquisition and recapitalization to growth capital and general refinancing. The firm targets companies in sectors such as manufacturing, business services, consumer products, distribution, healthcare, and technology, among others, with a typical investment size ranging from $20 million to $200 million.

Mark Affolter

Partner

Steven Alexander

Managing Director

Joseph Allio

Vice President

Zain Bhayani

Associate

Ryan Cascade

Partner and Head of Ares Commercial Finance

Stephen Chehi

Vice President

William F. DeMars

Investment Professional

Michael Dieber

Partner, Credit

Greg Galligan

Managing Director and Partner

Frank Izzo

MD

Daniel Katz

Partner and Co-Head Portfolio Management

Scott Lem

Chief Accounting Officer, Vice President and Treasurer

Andrew Lobo

Senior Associate

Steven Michau

Managing Director

Jim Miller

Partner

Penni Roll

Chief Financial Officer

Kort Schnabel

Partner

Dave Schwartz

Partner

David J. Schwartz

Partner

Chris York

Managing Director

27 past transactions

Two Renewable Natural Gas Facilities in Pennsylvania of EDF Renewables Inc.

Merger/Acquisition in 2019
Two Renewable Natural Gas Facilities in Pennsylvania of EDF Renewables Inc. comprises renewable natural gas producing facilities. The asset is located in the United States.

Respicardia

Debt Financing in 2012
Respicardia (formerly Cardiac Concepts) is dedicated to improving the lives of heart failure patients by developing implantable therapies designed to improve respiratory rhythm management and cardiovascular health. The first product, the remedē® System, is an implantable stimulation device that is designed to restore a more normal breathing pattern during sleep for patients with central sleep apnea. Respicardia® is committed to improving cardiovascular health…one breath at a time™.

My Health Direct

Venture Round in 2014
My Health Direct, Inc. develops a digital care coordination solution. The company offers MyHealthDirect, a referral management and online appointment-scheduling platform helps in actionable analytics, decision support, workflow management, and rapid implementation for organizations. It serves health systems, health plans, physician practices, hospitals, ACO and CIN, and community health. The company was founded in 2006 and is based in Nashville, Tennessee. As of August 8, 2019, My Health Direct, Inc. operates as a subsidiary of Experian Health, Inc.

Meadowlark

Series A in 2021
Meadowlark Media is a content company focused on sports.

SurgiQuest

Debt Financing in 2012
Surgiquest offers technology solutions for minimally invasive surgery. It offers AirSeal, a technology that creates an air curtain that maintains an insufflated and airtight environment and has application in laparoscopic and laparoscopic-assisted surgery. The company focuses on bariatric, colorectal, general, gynecological, and urologic surgery. Surgiquest was incorporated in 2006 and is based in Orange, Connecticut.

Professional Fighters League

Venture Round in 2021
Professional Fighters League engages in the sports entertainment business.It operates through three segments such as media, live events, and consumer products. The media segment engages in the production and monetization of long-form and short-form media content across various platforms, including MMA, pay television, and digital and social media, as well as filmed entertainment. The Live Events segment is involved in the sale of tickets, including primary and secondary distribution; provision of event services; and sale of travel packages related to its live events. The company is based in McLean, Virginia.

Faction

Debt Financing in 2017
Faction (formerly Peak), started in 2006 as an inspired, Cloud IAAS collective, populated by some of the most award-winning IT engineers and thought leaders in the cloud computing industry. Determined to revolutionize a smarter, uncompromised way for IT pros to reliably work in the cloud, Faction is gaining rapid momentum and attracting impressive numbers of progressive, forward-thinking customers and channel partners nationwide – all undeterred in their shared pursuit of extreme performance, deep control and broad customization.

Faction

Series A in 2015
Faction (formerly Peak), started in 2006 as an inspired, Cloud IAAS collective, populated by some of the most award-winning IT engineers and thought leaders in the cloud computing industry. Determined to revolutionize a smarter, uncompromised way for IT pros to reliably work in the cloud, Faction is gaining rapid momentum and attracting impressive numbers of progressive, forward-thinking customers and channel partners nationwide – all undeterred in their shared pursuit of extreme performance, deep control and broad customization.

Brandtone

Series D in 2015
The Brandtone offering allows our clients meet both short-term tactical and long-term strategic brand objectives in key emerging markets where growth is driven by the emergence of a growing middle class. Our voice-based mobile platform can be accessed using any handset, on any network and is entirely free to use for the consumer. This has resulted in unprecedented participation rates by consumers in campaigns developed for our clients.

Speakeasy

Series A in 2000
Speakeasy is one of the nation's leading broadband voice (VoIP), data and IT service providers. Speakeasy helps small businesses succeed by offering simplified voice and data solutions that improve the customer experience, increase employee productivity and help cut costs. Based in Seattle, Speakeasy has provided award-winning customer service since 1994 and joined the Best Buy family of companies in April 2007, working with Best Buy For Business to champion technology for small businesses throughout the U.S.

Regent Education

Venture Round in 2017
Regent is a Software-as-a-Service (SaaS) provider of financial aid management software solutions for higher education institutions. SaaS solutions are designed to inter-operate with and enhance existing ERP systems, while enabling institutions to realize a positive, quantifiable ROI in the same fiscal period in which they are deployed.

LSQ

Private Equity Round in 2015
LSQ helps businesses better manage their cash flow to make the most of whatever they’ve earned. Offering invoice financing and supply chain finance solutions, LSQ provides clients with a simple, secure, and honest funding experience. LSQ blends human insights with the analytical power of technology to develop products that give customers the means to accelerate the flow of business. LSQ, headquartered in Orlando, Florida, has helped 1000s of companies access more than $25 billion in its 20+ years in business. Learn more about our solutions at https://www.lsq.com.

Paragon 28

Post in 2023
Paragon 28, Inc. provides forefoot, midfoot, and hindfoot plates; and screws, allograft bone systems, and interference screws and staples for use in foot and ankle surgery. The company’s products also serve arthrodesis needs. Paragon 28, Inc. was incorporated in 2010 and is based in Englewood, Colorado.

[x+1]

Debt Financing in 2013
[x+1] Origin is the only marketing platform rated a Leader by Forrester Research in DSP + DMP technology.

Speakeasy

Series B in 2001
Speakeasy is one of the nation's leading broadband voice (VoIP), data and IT service providers. Speakeasy helps small businesses succeed by offering simplified voice and data solutions that improve the customer experience, increase employee productivity and help cut costs. Based in Seattle, Speakeasy has provided award-winning customer service since 1994 and joined the Best Buy family of companies in April 2007, working with Best Buy For Business to champion technology for small businesses throughout the U.S.

Sonian

Debt Financing in 2015
Sonian, Inc. develops and provides a cloud-based archiving platform to preserve, protect, and present business information. It offers a SaaS platform and cloud search engine to retain and retrieve data and protect intellectual property. The company also provides cloud-based email archive solution that makes business data searchable and actionable; Lync Archiving solutions to secure and search Microsoft Lync instant messages in the cloud; and View Analytics, a SaaS-based solution that enables companies to extract business insights from unstructured communications data. In addition, it offers email migration services; and Google Postini export services that enable Postini customers to migrate their archived data. The company serves customers through channel partners in the United States and internationally. Sonian, Inc. was founded in 2006 and is based in Dedham, Massachusetts. As of November 8, 2017, Sonian, Inc. operates as a subsidiary of Barracuda Networks, Inc.

American Capital

Acquisition in 2016
American Capital (Nasdaq:ACAS), with $20 billion in capital resources under management,1 is the only private equity fund and the largest alternative asset management company in the S&P 500. American Capital, both directly and through its global asset management business, originates, underwrites and manages investments in private equity, leveraged finance, real estate and structured products. American Capital and its affiliates invest from $5 million to $800 million per company in North America and €5 million to €500 million per company in Europe. Since its August 1997 IPO, American Capital and the funds it manages have invested approximately $32 billion in over 475 portfolio companies. Our diverse portfolio is invested in virtually every industry sector. We have over 200 investment professionals in 13 offices in the United States and Europe. As a publicly traded company, we offer shareholders an opportunity to invest in privately held middle market companies through ownership of our stock.

Crown Laundry Holdings, LLC

Private Placement in 2018
Crown Laundry Holdings, LLC was incorporated in 2014 and is based in the United States.

Onecom

Private Placement in 2019
Onecom is the UK’s largest independent business telecommunications provider delivering fixed line, mobile, Unified Communications and connectivity solutions. It is a company that has achieved meteoric growth through substantial investment in its people and processes – its priority being to deliver unparalleled customer service at every level. Based in Hampshire, Onecom operates twelve regional offices and employs over four hundred staff.

Outfront Media

Private Placement in 2020
Outfront Media is an integrated platform to connect brands to their desired audiences, as they live their lives. They are famous for the unrivaled impact and creativity of their medium. They champion the power of the largest canvases across North America to grow advertisers’ businesses through driving engagement, fame, and trust. Intelligent OOH makes brand’s messaging more relevant and their digital investments work harder.

American Capital

Merger/Acquisition in 2016
American Capital (Nasdaq:ACAS), with $20 billion in capital resources under management,1 is the only private equity fund and the largest alternative asset management company in the S&P 500. American Capital, both directly and through its global asset management business, originates, underwrites and manages investments in private equity, leveraged finance, real estate and structured products. American Capital and its affiliates invest from $5 million to $800 million per company in North America and €5 million to €500 million per company in Europe. Since its August 1997 IPO, American Capital and the funds it manages have invested approximately $32 billion in over 475 portfolio companies. Our diverse portfolio is invested in virtually every industry sector. We have over 200 investment professionals in 13 offices in the United States and Europe. As a publicly traded company, we offer shareholders an opportunity to invest in privately held middle market companies through ownership of our stock.

Powervation

Debt Financing in 2014
Powervation provides a new class of Auto-control digital power IC solutions that optimize power-supply performance and efficiencies for manufacturers of electronic systems used in Computing, NetComms, Storage and other applications. In a simple yet revolutionary Plug-and-Power package, our unique technology delivers a reliable, scalable solution that reduces design complexity and cost, and accelerates time-to-market of eco power-smart systems.

Bragg Live Food

Merger/Acquisition in 2019
Bragg Live Food Products, Inc. manufactures and distributes organic apple cider vinegar products. It offers apple cider vinegar drinks, extra virgin olive oil, salad and vinaigrette dressing, liquid aminos, ginger and sesames dressing, and sauces and seasonings. The company provides its products through distributors and retail stores in the United States and internationally, as well as online. Bragg Live Food Products, Inc. was founded in 1912 and is based in Santa Barbara, California.

Regent Education

Debt Financing in 2014
Regent is a Software-as-a-Service (SaaS) provider of financial aid management software solutions for higher education institutions. SaaS solutions are designed to inter-operate with and enhance existing ERP systems, while enabling institutions to realize a positive, quantifiable ROI in the same fiscal period in which they are deployed.

SoundCloud

Debt Financing in 2017
SoundCloud, launched in 2008 by Alexander Ljung and Eric Wahlforss, lets people discover and enjoy the largest selection of music from the world’s most diverse creator community. This is made possible by an open platform that directly connects creators and their fans across the globe. Sound creators can use the platform to instantly record, upload and share sounds across the internet, as well as receive detailed stats and feedback from the SoundCloud community.