Daisy Group receives £1 billion loan from Ares capital to fund its growth
Published: 26 February 2019
Ares Management Corporation served as the sole lender of over £1 billion of committed capital to Daisy Group, a leading provider of telecommunications, IT and cloud services to U.K. businesses. The financing, which is the one of the largest-ever private credit in Europe, will refinance the company’s existing credit facilities and provide additional capital to support Daisy’s future growth plans. Daisy Group has over 4,000 employees across 40 locations.