Ares Capital to acquire MidCap Financial for enterprise value of $2.6 billion

( October 27, 2026, 12:20 GMT | Official Statement) -- MLex Summary: Ares Capital Corporation will acquire MidCap Financial Investment Corporation in a stock-and-cash transaction with a total enterprise value of about $2.6 billion. The transaction is expected to further strengthen Ares Capital’s position as the largest publicly traded business development company and Ares Management Corporation’s broader position as a direct lending platform to US middle-market companies. Both companies are traded on the Nasdaq stock exchange. The transaction is expected to close in the first half of 2027.Statement follows in full:...

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