Ares Capital Agrees to Acquire MidCap Financial Investment

Ares Capital Corporation (NASDAQ:ARCC) (“Ares Capital”) and MidCap Financial Investment Corporation (NASDAQ:MFIC) (“MFIC”) announced today that they have entered into a definitive merger agreement under which Ares Capital will acquire MFIC in a stock-and-cash transaction for a total enterprise valu…

Ares Capital Corporation agreed to acquire MidCap Financial Investment Corporation in a stock-and-cash deal valuing MFIC at about $2.6B, with MFIC holders to receive total consideration of $10.88 per share, subject to adjustment for a special dividend.Material DetailsContext by AI AnalystThis is a…

Ares Capital to Acquire MFIC in Stock-and-Cash Deal for Total Enterprise Value of About $2.6B >ARCC

ARES CAPITAL CORP - CO'S STOCKHOLDERS TO OWN 95%, MFIC STOCKHOLDERS 5% OF COMBINED COMPANY POST-DEAL

ARES CAPITAL CORP - DEAL EXPECTED TO CLOSE IN FIRST HALF OF 2027, SUBJECT TO APPROVALS

ARES CAPITAL CORP - WELLS FARGO AGREES TO PROVIDE $750 MLN ADDITIONAL SECURED FINANCING FOR DEAL

Ares Capital agreed to acquire MidCap Financial Investment Corporation through a two-step merger, with MFIC stockholders set to receive $1.21 in cash plus Ares Capital shares. The consideration was valued at approximately $10.88 per fully diluted MFIC share when the agreement was signed, subject to…

*--Ares Capital to Acquire MidCap Financial Investment for Roughly $2.6 Billion