Ares Administration Company Highlights Fourth Quarter and Full 12 months U.S. Direct Lending Commitments

THE ANGEL–(BUSINESS WIRE) – Ares Management Corporation (NYSE: ARES) is announcing details of certain new funding commitments made as part of its US direct lending strategies. The funds managed by the credit group of Ares Management Corporation (collectively “Ares”) entered into commitments of approximately $ 7.3 billion for 68 transactions and approximately $ 13.7 billion in commitments in the fourth quarter 163 transactions for the full year 2020.

Below is a description of selected transactions that Ares completed in the fourth quarter.

Advarra / Genstar Capital

Ares acted as the management agent, joint lead arranger and joint bookrunner for a senior secured credit facility to support Genstar Capital’s growth plans for Advarra. Advarra is a leading institutional review body that reviews clinical trials on behalf of pharmaceutical companies, contract research organizations, universities, and hospital systems to ensure the protection of human subjects. It also offers a range of software solutions that focus on clinical trial management.

Arrowhead Engineered Products / Riverside Company

Ares acted as the administrative agent, joint lead arranger and joint bookrunner for a senior secured credit facility to support the recapitalization of Arrowhead Engineered Products and its future growth initiatives. Arrowhead is a leading provider of non-discretionary, business-critical aftermarket parts for a wide variety of off-highway vehicles and equipment.

Capstone Logistics / HIG Capital

Ares acted as the management agent, lead arranger and bookrunner for a senior secured credit facility to support HIG Capital’s acquisition of Capstone Logistics. Capstone is an external logistics provider for services and solutions for warehouse and fulfillment centers.

Manna Pro Products / The Carlyle Group

Ares acted as the joint lead arranger and joint bookrunner for a senior secured credit facility to support The Carlyle Group’s acquisition of Manna Pro Products. Manna Pro is a leading manufacturer and supplier of special nutrition and care products for a wide variety of animals.

National Carwash Solutions / Berkshire Partners

Ares acted as the administrative agent, joint lead arranger and joint bookrunner for a senior secured credit facility to support Berkshire Partners’ acquisition of National Carwash Solutions (NCS). NCS is a leading provider of car washes, services and solutions to customers in North America.

Rawlings Sporting Goods Company / Seidler Equity Partners

Ares acted as the management agent and sole arranger for a senior secured credit facility to support the acquisition of Easton Diamond Sports by Rawlings Sporting Goods Company. Rawlings and Easton are the world’s leading brands and manufacturers of premium baseball and softball equipment, including bats, gloves, balls, and protective gear.

symplr / Clearlake Capital

Ares acted as the management agent, arranger and joint bookrunner for a senior secured credit facility to support the acquisition of TractManager by symplr, a portfolio company of Clearlake Capital. symplr and TractManager are leading providers of software for governance, risk and compliance in the healthcare sector.

TurnPoint Services / OMERS Private Equity

Ares acted as the administrative agent, sole lead arranger and sole bookrunner for a senior secured credit facility to support OMERS Private Equity’s acquisition of TurnPoint Services. TurnPoint is a leading provider of household services, including heating, ventilation and air conditioning (“HVAC”), plumbing and electrical installation.

The Benecon Group / TA Associates

Ares acted as the management agent, lead arranger and bookrunner for a senior secured credit facility to support TA Associates’ acquisition of Benecon Group. Benecon is a leading developer and manager of self-funded medical benefit programs.

Woodstream Corporation / Bansk Group

Ares acted as administrative agent, lead arranger and bookrunner on a $ 450 million loan to support the Bansk Group’s acquisition of Woodstream Corporation. Woodstream manufactures, designs and markets pest control and animal products such as rodent traps, insect traps and birdhouses in the US, Canada and Europe.

About the Ares Management Corporation

Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager operating integrated groups across credit, private equity, real estate and strategic initiatives. Ares Management’s investment groups work together to provide fund investors with innovative investment solutions and consistent, attractive investment returns across market cycles. As of December 31, 2020, Ares Management’s global platform had assets under management of approximately $ 197 billion with more than 1,450 employees in North America, Europe and the Asia-Pacific region. More information is available at www.aresmgmt.com.