New York & Tri-State + New York | May 23, 2016

Ares Capital to Acquire American Capital for $3.4B

Ares Capital Corp. headquartered in New York City, has entered into an agreement to acquire American Capital Ltd. for $3.4 billion. The agreement excludes American Capital Mortgage Management LLC, which is being sold to American Capital Agency Corp. for $562 million.

Ares Capital, which provides financing to U.S. middle-market companies, venture capital backed businesses and power generation projects, will manage the combined company. The transaction is anticipated to close within the next 12 months.

American Capital Ltd. is a publicly traded private equity firm and global asset manager. The company originates, underwrites and manages investments in middle-market private equity, leveraged finance, real estate and structured products.

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About Mark El-Rayes

Mark El-Rayes is an award winning designer and photographer from Beirut, Lebanon. El-Rayes has over 15 years in the design industry, 5 years of which he served as a Mass Communication Specialist in the United States Navy at Naval Air Station North Island, Navy Public Affairs Support Element - West (NPASE). El-Rayes is a full-stack developer, seo specialist, photographer, and artist.

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