Antares Capital (“Antares” or “the firm”), a private debt credit manager with $42.9 billion of capital under management and administration, today announced that Timothy Lyne, founding partner and current Chief Operating Officer (COO), will succeed David Brackett as Chief Executive Officer (CEO). Brackett announced that he will be retiring from his role as CEO on December 31, 2021, and will remain with Antares in an advisory capacity.

Antares announced today that it served as sole lead arranger and is acting as administrative agent on senior secured credit facilities to support the acquisition of AEM (Holdings) Inc. and AEM Group Limited (collectively, with their affiliated entities and subsidiaries, “AEM”) by Industrial Growth Partners (“IGP”).

Antares announced today that it served as sole lead arranger and is acting as administrative agent on senior secured credit facilities for NearU Services (“NearU”), a SkyKnight Capital portfolio company. The funds are being used to refinance an existing credit facility and to support NearU’s footprint expansion across North America.

Antares today announced that it closed 139 transactions totaling almost $11 billion in financing commitments to middle market private equity-backed companies in the first half of 2021.

Antares Capital, a private debt credit manager with more than $30 billion of capital under management and administration, announced today that Jeffrey Stammen will join the firm as Managing Director, Head of Investor Coverage in Asset Management.