Antares Capital

Antares Capital is a Chicago-based private credit firm founded in 1996 and now managing approximately $73 billion in capital under management and administration as a portfolio company of CPP Investments. It focuses squarely on middle-market companies backed by private equity sponsors, acting primarily as lead arranger and administrative agent on complex credit facilities. Financing starts at $2 million and targets businesses generating at least $800,000 in monthly revenue with at least two years of operating history. Products include term loans, lines of credit, and mezzanine capital, with direct lending and unitranche structures also on the shelf. Antares is not a fit for early-stage companies or businesses without institutional-quality sponsors — its sweet spot is sponsor-backed buyouts and recapitalizations in non-cyclical industries. Borrowers looking for this type of sophisticated, large-ticket private credit would find Antares worth engaging through their private equity sponsor relationship.