Ares Commercial Finance Has Provided a Senior Secured Credit Facility to Capezio

January 19, 2022 – Ares Commercial Finance (“ACF”) announced that it has 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 ongoing working capital.

About Capezio

Capezio is an American manufacturer of dance shoes, apparel and accessories. The company, headquartered in Totowa, New Jersey, has over 130 years of quality craftsmanship, dedicated customer service and timeless design. Capezio continues to evolve into the lifestyle category, including dancers and non-dancers alike. Today, we are #CompletelyCapezio and our story continues. For more information, please visit www.capezio.com.

About Ares Commercial Finance

Ares Commercial Finance is the asset-based lending team of Ares Management Corporation. ACF is focused on providing credit facilities up to $300 million to middle market and lower-middle market, private and public companies; and addresses a wide scope of industries including manufacturing, distribution, wholesale, retail, and service companies.  These facilities include revolving lines of credit and term loans, asset-based and cash flow stretch loans, and asset-backed facilities to specialty finance companies. Leveraging the breadth and experience of the Ares platform, ACF works with borrowers to deliver creative, flexible, and customized financing solutions.  These financing solutions may be structured as working capital financing, bridge financing, turnaround financing, acquisition financing, debtor-in-possession financing, and special accommodation financing. For more information about Ares Commercial Finance, visit www.arescommercialfinance.com.

About Ares Management Corporation

Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, private equity, real estate, and infrastructure asset classes. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of September 30, 2021, Ares Management Corporation's global platform had approximately $282 billion of assets under management, with approximately 2,000 employees operating across North America, Europe, Asia Pacific, and the Middle East. For more information, please visit www.aresmgmt.com. Follow Ares on Twitter @Ares_Management.

Contact

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