Ares Private Equity Group Mergers and Acquisitions Summary

Private Equity Profile

In the last 3 years, Ares Private Equity Group has acquired 5 companies. It has also invested in 1 other.

Ares Private Equity Group’s most common sectors for investment are healthcare services (9%) and consumer products (9%). The Firm’s most common investment types include secondary buyout (40%) and buyout (lbo, mbo, mbi) (17%). In total, Ares Private Equity Group has invested in 21 US states and 6 different countries. Its largest (disclosed) acquisition occurred in 2013 when it acquired Neiman Marcus Group for $6.0B.

In the last 3 years, Ares Private Equity Group has exited 7 companies. The Firm’s most common exit type is secondary buyout (42%). Ares Private Equity Group’s largest (disclosed) exit occurred in 2007 when it sold Samsonite International SA for $1.7B.

Join Mergr to view Ares Private Equity Group’s full profile and discover more mega-sized private equity firms just like it.

M&A Summary

  • M&A Total Activity103
    • M&A Buy Activity74
    • M&A Sell Activity29
  • Total Sectors Invested 31
  • Total Countries Invested 6
  • M&A Buy/Sell Connections 31
  • M&A Advisors 12

Ares Private Equity Group

2000 Avenue of the Stars, 12th Floor,
Los Angeles, California 90067
United States
(310) 201-4100
www.aresmgmt.com/our-business/private-equity/north-american-and-european-flexible-capital

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.


Investment Criteria

Sectors of Interest: Aerospace, Business Services, Chemicals, Communications, Construction, Consumer Products, Consumer Services, Defense, Distribution, Energy Services and Equipment, Environmental, Food, Healthcare Services, Machinery, Manufacturing, Medical Products, Real Estate, Retail

Target Transaction Types: Buyout (LBO, MBO, MBI), Growth Capital, Special Situations/Distressed, Stake Purchase

Geographic Preferences: East US, Midwest US, South US, West US

Transaction Criteria Min Max
Target Revenue - -
Target EBITDA - -
Investment Size - -
Enterprise Value - -

M&A Summary

Buy vs Sell

Year ≤ '15 '16 '17 '18 '19 '20 T
Buy (2.8/yr) # 60 - 4 4 4 2 74
vol $15.4B $1.5B $154M $2.9B $19.9B
Sell (1.8/yr) # 20 - 4 - 4 1 29
vol $2.7B $358M $1.1B $4.1B
  103

Most Recent M&A

Company Date Value Type
Neiman Marcus Group Inc. 2020-05-07 - Bankruptcy
Dallas, Texas · www.neimanmarcus.com
Cincinnati Bell, Inc. 2020-03-13 2.9B USD Going Private
Cincinnati, Ohio · www.cincinnatibell.com
Murapol SA 2020-02-14 - Buyout (LBO, MBO, MBI)
Bielsko-Biała, Poland · www.murapol.pl
DevaConcepts LLC 2019-11-11 - Add-on Acquisition
New York, New York · www.devacurl.com
Heelstone Renewable Energy LLC 2019-08-19 - Growth Capital
Chapel Hill, North Carolina · www.heelstoneenergy.com
Onecom Ltd. 2019-07-22 154M GBP Buyout (LBO, MBO, MBI)
Fareham, United Kingdom · www.onecom.co.uk
National Veterinary Associates, Inc. 2019-06-17 - Secondary Buyout
Agoura Hills, California · www.nvaonline.com
Press Ganey Holdings, Inc. 2019-06-11 - Secondary Buyout
Wakefield, Massachusetts · www.pressganey.com
Smart & Final, Inc. 2019-04-16 1.1B USD Secondary Buyout
Commerce, California · www.smartandfinal.com
CoolSys, Inc. 2019-03-21 - Secondary Buyout
Brea, California · www.coolsys.com
View All >>

Portfolio M&A

Company Acquired Add-On/Sale Date #
CHG Healthcare Services, Inc. 2012-11-19 LocumsMart LLC 2020-02-05 1
Salt Lake City, Utah · www.chghealthcare.com Norcross, Georgia · www.locumsmart.net
Convergint Technologies LLC 2018-02-02 Cerberus Technologies Pty Ltd. 2020-02-03 14
Schaumburg, Illinois · www.convergint.com Belmont, Australia · www.cerberustech.com.au
Convergint Technologies LLC 2018-02-02 Code Zero Consulting 2020-02-03 13
Schaumburg, Illinois · www.convergint.com Atlanta, Georgia · www.codezeroconsulting.com
Valet Living 2015-09-28 Trojan Waste Solutions 2020-01-07 8
Tampa, Florida · www.valetliving.com San Antonio, Texas · www.trojanwaste.com
Press Ganey Holdings, Inc. 2019-06-11 Strategic Management Decisions LLC 2020-01-07 2
Wakefield, Massachusetts · www.pressganey.com Huntersville, North Carolina · www.smdhr.com
CoolSys, Inc. 2019-03-21 BRR Refrigeration LLC 2019-12-19 4
Brea, California · www.coolsys.com Virginia Beach, Virginia · www.brrrefrigeration.com
CoolSys, Inc. 2019-03-21 Tech Mechanical, Inc. 2019-12-16 3
Brea, California · www.coolsys.com Pontiac, Michigan · www.techmechanical.com
Convergint Technologies LLC 2018-02-02 Pendergraph Systems, Inc. 2019-12-03 12
Schaumburg, Illinois · www.convergint.com Tulsa, Oklahoma · www.psiok.com
CoolSys, Inc. 2019-03-21 Building Air Services, Inc. 2019-10-09 2
Brea, California · www.coolsys.com Pinellas Park, Florida · www.buildingairservices.com
Convergint Technologies LLC 2018-02-02 Real Connect S.à r.l. 2019-10-03 11
Schaumburg, Illinois · www.convergint.com Windhof, Luxembourg · www.realconnect.eu

M&A by Sector

Sector Current # Value All-time # Value
Retail 3 (7%) 3.3B (31%) 6 (8%) 10.3B (52%)
Consumer Products 2 (4%) 760M (7%) 6 (8%) 2.1B (11%)
Healthcare Services 4 (9%) 1.5B (13%) 6 (8%) 1.5B (8%)
Oil/Gas Exploration 4 (9%) 185M (2%) 5 (7%) 185M (1%)
Environmental 4 (9%) - 5 (7%) 134M (1%)
Communications 2 (4%) 3.1B (28%) 4 (5%) 3.1B (15%)
Renewable Energy 4 (9%) - 4 (5%) -
Consumer Services 1 (2%) - 3 (4%) -
Financial Services 2 (4%) - 3 (4%) -
Real Estate 3 (7%) - 3 (4%) -
Chemicals 2 (4%) 349M (3%) 2 (3%) 349M (2%)
Automotive - - 2 (3%) 319M (2%)
Defense 1 (2%) 223M (2%) 2 (3%) 223M (1%)
Energy Services and Equipment 2 (4%) 185M (2%) 2 (3%) 185M (1%)
Marketing - - 2 (3%) 185M (1%)
Building Materials 1 (2%) - 2 (3%) -
Business Services 1 (2%) - 2 (3%) -
Staffing 2 (4%) - 2 (3%) -
Distribution 1 (2%) 1.3B (12%) 1 (1%) 1.3B (7%)
Aerospace - - 1 (1%) -
Construction 1 (2%) - 1 (1%) -
Education 1 (2%) - 1 (1%) -
Food 1 (2%) - 1 (1%) -
Internet Software and Services - - 1 (1%) -
Leisure 1 (2%) - 1 (1%) -
Manufacturing 1 (2%) - 1 (1%) -
Publishing 1 (2%) - 1 (1%) -
Safety/Security 1 (2%) - 1 (1%) -
Software - - 1 (1%) -
Transportation - - 1 (1%) -
Utilities - - 1 (1%) -
Total 46 $10.8B 74 $19.9B

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 37 (80%) 10.1B (95%) 63 (85%) 19.2B (97%)
  California 3 (7%) 1.6B (15%) 10 (14%) 3.8B (19%)
  Texas 4 (9%) - 7 (9%) 6.0B (30%)
  New York 3 (7%) - 6 (8%) 91M (< 1%)
  Georgia 4 (9%) 760M (7%) 4 (5%) 760M (4%)
  Pennsylvania 3 (7%) 1.7B (16%) 4 (5%) 1.8B (9%)
  North Carolina 3 (7%) 1.3B (12%) 4 (5%) 1.4B (7%)
  Florida 3 (7%) - 4 (5%) -
  Illinois 2 (4%) 1.5B (14%) 4 (5%) 1.5B (7%)
  New Jersey 2 (4%) - 3 (4%) 185M (1%)
  Ohio 1 (2%) 2.9B (27%) 3 (4%) 3.0B (15%)
  North Dakota 2 (4%) 185M (2%) 2 (3%) 185M (1%)
  Wyoming 1 (2%) - 1 (1%) -
  Utah 1 (2%) - 1 (1%) -
  Massachusetts 1 (2%) - 1 (1%) -
  Indiana 1 (2%) - 1 (1%) -
  Wisconsin - - 1 (1%) 260M (1%)
  Virginia - - 1 (1%) -
  South Carolina - - 1 (1%) -
  Rhode Island - - 1 (1%) -
  Alabama - - 1 (1%) -
United Kingdom 5 (11%) 503M (5%) 6 (8%) 503M (3%)
Canada 2 (4%) - 2 (3%) -
  Ontario 2 (4%) - 2 (3%) -
Mexico 1 (2%) - 1 (1%) -
Poland 1 (2%) - 1 (1%) -
Luxembourg - - 1 (1%) -
Domestic 37 (80%) 10.1B (95%) 63 (85%) 19.2B (97%)
Cross-border 9 (20%) 503M (5%) 11 (15%) 503M (3%)
Total 46 $10.6B 74 $19.7B

Acquisitions by Deal Type

Type Current # Value All-time # Value
Secondary Buyout 18 (39%) 3.1B (29%) 29 (39%) 10.4B (53%)
Buyout (LBO, MBO, MBI) 6 (13%) 154M (1%) 12 (16%) 414M (2%)
Stake Purchase 4 (9%) 1.7B (16%) 8 (11%) 1.7B (9%)
Growth Capital 7 (15%) - 8 (11%) -
Going Private 3 (7%) 4.7B (44%) 5 (7%) 6.0B (30%)
Divestiture 4 (9%) 185M (2%) 5 (7%) 319M (2%)
Consolidation 1 (2%) - 3 (4%) 99M (1%)
Recapitalization 1 (2%) - 2 (3%) 59M (< 1%)
Special Situations/Distressed 1 (2%) 760M (7%) 1 (1%) 760M (4%)
PIPE 1 (2%) - 1 (1%) -
Total 46 $10.6B 74 $19.7B

Exits by Deal Type

Type Total # Value
Secondary Sale 12 (41%) 3.6B (87%)
IPO 6 (21%) -
Trade Sale - Public Company 4 (14%) 515M (13%)
Trade Sale 2 (7%) 38M (1%)
Bankruptcy 2 (7%) -
Merger 1 (3%) -
Recapitalization 1 (3%) -
Unknown 1 (3%) -
Total 29 $4.1B

Top M&A Advisors

Financial Deals
William Blair & Co. LLC
2
J.P. Morgan Securities LLC
1
Sagent Advisors LLC
1
Legal Deals
Proskauer Rose LLP
4
Sullivan & Cromwell LLP
3
Latham & Watkins
1

Deal Values

buy # Total
> $1B 7 $16.2B
$100M to $1B 10 $3.4B
< $100M 3 $249M
TOTAL $19.9B
Largest Neiman Marcus Group Inc.
$6.0B (2013-09-09)
sell # Total
> $1B 2 $2.8B
$100M to $1B 4 $1.2B
< $100M 2 $125M
TOTAL $4.1B
Largest Samsonite International SA
$1.7B (2007-10-01)

M&A Connections

Deals %
Acquired from
PE Firm(s)
89%
51 89%
Strategic(s)
11%
6 11%
Exited to
PE Firm(s)
74%
17 74%
Strategic(s)
26%
6 26%

 Subscribe to unlock this and 151,999
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 3.9K Private Equity Firms
  • 140K M&A Transactions
  • 148K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.1K M&A Advisors
    (Investment Banks and Law Firms)
  • 41K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.