M&A Deal Summary

Ares Private Equity Group Acquires Global Defense Technology & Systems

On March 3, 2011, private equity firm Ares Private Equity Group acquired defense company Global Defense Technology & Systems for 223M USD

Acquisition Highlights
  • This is Ares Private Equity Group’s 1st transaction in the Defense sector.
  • This is Ares Private Equity Group’s 13th largest (disclosed) transaction.
  • This is Ares Private Equity Group’s 30th transaction in the United States.

M&A Deal Summary

Date 2011-03-03
Target Global Defense Technology & Systems
Sector Defense
Buyer(s) Ares Private Equity Group
Deal Type Going Private
Deal Value 223M USD

Target

Global Defense Technology & Systems

United States
Global Defense Technology & Systems, Inc. provides software, system engineering, and technology development to help the Department of Defense, CIA, Homeland Security, and other government agencies fight terrorism and enforce national security.

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Buyer(S) 1

Buyer

Ares Private Equity Group

Los Angeles, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2003
PE ASSETS 20.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Ares Private Equity Group is the private equity arm of Ares Management, a global alternative asset manager. The Ares Private Equity Group specializes in opportunistic majority/shared control investments in under-capitalized middle-market companies. Ares looks for companies with strong franchises and attractive growth opportunities. The Group prefers to be the lead investor and will invest across the capital structure, including common equity, preferred equity, convertible equity/debt and senior debt. Areas of interest include business services, defense, healthcare, manufacturing, industrial, energy and consumer products and services. Ares Private Equity Group was formed in 2003 and is based in Los Angeles, California.


DEAL STATS #
Overall 32 of 98
Sector (Defense) 1 of 2
Type (Going Private) 2 of 6
Country (United States) 30 of 82
Year (2011) 2 of 7
Size (of disclosed) 13 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-02 ReCommunity Holdings

Charlotte, North Carolina, United States

ReCommunity is a recycling, recovery and repowering company that is focused on dramatically reducing the volume of land-filled waste through conversion into useful products such as recycled commodities, low-carbon energy, ReEngineered Feedstock, biofuels, and other value-added recycled products. ReCommunity Holdings was founded in 2011 and is based in Charlotte, North Carolina.

Buy $134M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-22 Plasco Energy Group

Ottawa, Ontario, Canada

Plasco Energy Group is a waste-to-energy company that is commercializing a new environmentally favorable solution to waste-to-energy disposal. Plasco has designed a facility that reduces municipal solid waste into syngas via a plasma torch with the application of extreme heat. The syngas is subsequently used to create power.

Buy -