Ares Management has provided a $350m-plus unitranche loan to MotorOne, the Australian automotive aftercare products distributor owned by Quadrant Private Equity.

The refinancing replaces the company’s previous bank debt with a more flexible financing structure blending senior and mezzanine risk into a single loan package.

Quadrant, which holds a majority stake in MotorOne, secured the refinancing to support the company’s ongoing growth and operational strategy. The deal positions Ares as a key backer for the business, reflecting the firm’s continued interest in Australia’s private markets and its appetite for complex credit deals.

The refinancing demonstrates private equity’s ability to unlock new capital structures and accelerate portfolio company growth by tapping into alternative lending markets. The unitranche facility offers MotorOne a simplified capital stack, potentially improving financial agility and supporting future strategic initiatives.

Ares, a leading global alternatives manager, has been an active participant in Australia’s private credit space, deepening its presence in the region through transactions like the MotorOne deal.

Source: Financial Review

If you think we missed any important news, please do not hesitate to contact us at news@pe-insights.com. 

Can`t stop reading? Read more.