Ares Management has extended a private credit facility to support a recent acquisition involving BC Partners and the Italian company Fortidia. The financing package was arranged to facilitate BC Partners’ purchase of Fortidia, a move that aligns with its broader investment strategy in the Italian market.
Details of the financial terms have not been disclosed, but sources indicate that Ares’s involvement provided the necessary leverage to complete the deal. The transaction underscores the growing role of private credit firms in support of private equity acquisitions in Europe, especially within Italy’s industrial and manufacturing sectors.
Fortidia, a notable player in its industry, will now become part of BC Partners’ portfolio. The acquisition aims to enhance Fortidia’s operational capabilities while strengthening BC Partners’ position in the region. Ares’s participation highlights continued interest from private credit firms in facilitating mid-market buyouts across Europe.