Ares Management completed the acquisition of Riverside Credit Solutions from The Riverside Company.

Ares Management, a global alternative investment manager, completed the acquisition of Riverside Credit Solutions, a provider of flexible cash-flow-based financing solutions, from The Riverside Company, a private equity firm. Financial terms were not disclosed. "RCS’ dedicated focus on the lower end of the middle market helps reinforce Ares’ position as a leading direct lender by supporting greater incumbency with quality lower-middle market borrowers as well as expanded deal flow opportunities for our platform," Mitch Goldstein, Ares Credit Group Partner and Co-Head.