Aras Corporation
Developer and publisher of product lifecycle management (PLM) and digital thread software; its flagship product, Aras Innovator, is a low-code, web-based PLM platform used across engineering and manufacturing for BOM management, engineering change workflows, CAD integration, and quality/compliance processes.
Company profile compiled from public sources (company filings, rating-agency reports, and press releases) — distinct from the SEC Schedule-of-Investments pricing data below.
Lenders
Aras Corporation is held by 3 BDC lenders in our parsed SEC filings: GBDC, MRCC, TCPC.
Cross-lender loan pricing
Each row is one debt tranche at the BDC’s most recent filing that holds this borrower, widest spread first. Mark is the position’s fair value as a percent of par (100 = par). Spread is shown in basis points over the benchmark in the Rate column, normalized from each filing’s as-reported units — rows quoting different benchmarks are still not directly comparable. Compare like-for-like: a second-lien tranche, a different vintage, or an older filing should price wider even when the credit view is identical — check the Type and Filing columns before reading a gap as disagreement. Source: SEC EDGAR (public).
| BDC | Type | Rate | Spread (bps) | Mark (% of par) | Fair Value | Maturity | Filing |
|---|---|---|---|---|---|---|---|
| MRCC | 1L Sr Secured | SOFR | 525 | 101.0 | $2M | 2029-04-13 | 2026-03-05 |
| GBDC | 1L Sr Secured | SOFR | 500 | 97.5 | $28M | 2029-04 | 2026-05-04 |
| GBDC | 1L Sr Secured | SOFR | 500 | 91.7 | $1M | 2029-04 | 2026-05-04 |
| TCPC | 1L Sr Secured | SOFR | 500 | 99.7 | $353K | 2029-04-13 | 2026-05-07 |
| TCPC | 1L Sr Secured | SOFR | 500 | 99.9 | $18M | 2029-04-13 | 2026-05-07 |
Marks reflect each BDC’s own fair-value estimates as reported to the SEC, not traded prices. Private-credit loans are predominantly Level 3 under ASC 820 — valued from unobservable inputs and determined in good faith by each BDC’s board, so figures are estimates as of the filing date and are not directly comparable across managers. Informational only; not investment advice or a valuation.
Ownership & deal activity
Ownership and acquisition events compiled from public sources and audited against the linked source. Each event links to its source; “(reported)” marks a lower-confidence item. Verify anything material against the original source.
- minority investmentAras invests in XPLM Solution (minority/corporate investment) (reported)Aras made a corporate/minority investment in XPLM Solution, a provider of PLM connectivity solutions, to accelerate innovation and ensure open interoperability for the digital enterprise.
- mergerAras merges with Minerva Group, Danish PLM specialistAras merged with Minerva Group, a leading provider of PLM solutions for high-tech and medical device industries, to add best-in-class functionality in those verticals.
- acquisitionAras acquires Comet Solutions for simulation process managementAras acquired Comet Solutions, a provider of simulation process and data management (SPDM) software, to integrate advanced simulation capabilities into its PLM platform.
- acquisitionAras acquires infoTRAK MRO (rebranded Impresa MRO) (reported)Aras acquired infoTRAK MRO (subsequently rebranded as Impresa MRO) to expand its in-service asset management applications suite alongside the Innovator PLM platform.
- minority investmentAras raises $70M Series D led by Goldman Sachs Private Capital InvestingAras announced a $70 million Series D minority equity investment led by Goldman Sachs Private Capital Investing with continued participation from Silver Lake Kraftwerk and GE Ventures to support global expansion and platform acquisitions.
- minority investmentAras raises $40M Series C led by Silver Lake Kraftwerk with GE Ventures participationAras announced a $40 million minority investment round led by Silver Lake Kraftwerk with participation from GE Ventures to drive growth, expand operations, and extend technology leadership.
Headlines mentioning Aras Corporation
Reading this table
When two business development companies lend to the same borrower, comparing how each marks the loan is a starting question, not a verdict. In plain English: a wider spread (e.g. S+575 vs S+525) or a lower mark (e.g. 96 vs 100 cents on the dollar) can mean that lender is pricing in more risk — but marks can also differ for reasons other than a credit view: a different tranche (second lien should price wider than first lien on the same company), a different vintage or entry point, an older filing date, or each manager’s own fair-value methodology. Compare like-for-like — check the Type and Filing columns before reading a gap as disagreement. Each row is one debt position at one BDC’s most recent filing. Source: SEC EDGAR Schedule of Investments (public).
Want to read these numbers like an analyst? Free Oxford Ledge lessons: reading a BDC’s Schedule of Investments, key credit metrics, and the Five Cs of credit analysis.