Experience

Stradley Ronon represented the Special Committee of MidCap Financial Investment Corp. (Nasdaq: MFIC), an exchange-listed business development company externally managed by Apollo Investment Management LP, in connection with the proposed acquisition of MFIC by Ares Capital Corp. (Nasdaq: ARCC), an exchange-listed business development company externally managed by Ares Capital Management LLC, in a stock-and-cash transaction for a total enterprise value of approximately $2.6 billion.

The transaction is anticipated to close in the first half of 2027, subject to approval of MFIC’s stockholders, applicable regulatory approvals and the satisfaction of other customary closing conditions.  

Read MFIC’s announcement.