Articles from Antares

Antares, an advanced nuclear energy startup, today announced the close of its $96 million Series B funding round. The round was led by Shine Capital, with participation from Alt Capital, Caffeinated, FiftyThree Stations, Industrious, and other investors. The round consists of $71M in new equity capital and $25M in debt for equipment, factory build-out, and uranium procurement.

Antares today announced that, for the second consecutive year, it will allocate $1M of its own capital to historically underrepresented founders in partnership with Hello Alice, a multichannel platform that helps businesses launch and grow. The initiative is part of Antares’ REACH program, a key element of the Antares’ commitment to Responsible Investment and the intention it places on the role it plays in the broader financial ecosystem.

Antares today announced the recipients of $1M in grants as part of the firm’s REACH program, which was first launched in June of this year. This inaugural grant program was created in partnership with the Global Entrepreneurship Network (GEN) and Hello Alice, a multichannel platform that helps businesses launch and grow, to help level the playing field for entrepreneurs within underrepresented groups including women, people of color, military-affiliated personnel, persons with disabilities, and members of the LGBTQ+ community.

Antares today announced the launch of REACH, a program designed to help level the playing field for entrepreneurs who are members of diverse and historically underrepresented groups including women, people of color, military-affiliated, persons with disabilities, or LGBTQ+. The initiative will allocate $1M of Antares’ own capital to a grant program in partnership with Hello Alice, a multichannel platform that helps businesses launch and grow.

Antares announced today that it is acting as administrative agent on senior secured credit facilities to support CVC Capital Partners Fund VIII’s (“CVC”) investment in CFGI. All existing shareholders are reinvesting in the transaction in partnership with CVC, including funds managed by global investment firm Carlyle (NASDAQ: CG), co-founders and co-CEOs Nick Nardone and Shane Caiazzo, and the partners of CFGI.

Antares announced today that it served as sole lead arranger and is acting as administrative agent on senior secured credit facilities to support the acquisition of AEM (Holdings) Inc. and AEM Group Limited (collectively, with their affiliated entities and subsidiaries, “AEM”) by Industrial Growth Partners (“IGP”).

In the 11th bullet, company should read: Ob Hospitalist Group (instead of Hospitalist Group).

Antares today announced that it closed 139 transactions totaling almost $11 billion in financing commitments to middle market private equity-backed companies in the first half of 2021.