M&A Deal Summary

Ares Private Equity Group Acquires Conti Solar

On April 17, 2018, private equity firm Ares Private Equity Group acquired renewable energy company Conti Solar

Acquisition Highlights
  • This is Ares Private Equity Group’s 2nd transaction in the Renewable Energy sector.
  • This is Ares Private Equity Group’s 61st transaction in the United States.
  • This is Ares Private Equity Group’s 3rd transaction in New Jersey.

M&A Deal Summary
Date 2018-04-17
Target Conti Solar
Sector Renewable Energy
Buyer(s) Ares Private Equity Group
Deal Type Buyout (LBO, MBO, MBI)

Target

Conti Solar

Edison, New Jersey, United States
Conti Solar is a solar power and energy storage development, EPC and O&M company. Our attention to detail, flawless execution and collaborative culture has enabled us to successfully develop and install over 500MW of solar projects. We leverage established partnerships with solar developers, IPPs, utilities, off-takers, suppliers and landowners to streamline project development, design, construction and operations, driving down project costs and creating value across all project stakeholders.

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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 71 of 98
Sector (Renewable Energy) 2 of 4
Type (Buyout (LBO, MBO, MBI)) 12 of 16
State (New Jersey) 3 of 4
Country (United States) 61 of 82
Year (2018) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-02 Convergint

Schaumburg, Illinois, United States

Convergint is a designer, installer, and services integrated building systems including electronic security, fire alarm, and life safety systems. Convergint was founded in 2001 and is based in Schaumburg, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-06 Paradigm Energy Partners

Dallas, Texas, United States

Paradigm Energy Partners is focused on developing, constructing, and operating midstream assets in the Bakken Shale in North Dakota and the Eagle Ford in South Texas.

Buy -
Mergr

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