M&A Deal Summary

Ares Private Equity Group Acquires Del Monte Philippines

On January 1, 2020, private equity firm Ares Private Equity Group acquired food company Del Monte Philippines

Acquisition Highlights
  • This is Ares Private Equity Group’s 3rd transaction in the Food sector.
  • This is Ares Private Equity Group’s 4th transaction in Philippines.

M&A Deal Summary

Date 2020-01-01
Target Del Monte Philippines
Sector Food
Buyer(s) Ares Private Equity Group
Deal Type Buyout (LBO, MBO, MBI)

Target

Del Monte Philippines

Taguig City, Philippines
Del Monte Philippines is a fresh and packaged food & beverage company. Del Monte Philippines was founded in 1926 and is based in Taguig City, Philippines.

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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 24.0B 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 90 of 126
Sector: Food M&A 3 of 3
Type: Buyout (LBO, MBO, MBI) M&A Deals 22 of 31
Country: Philippines M&A 4 of 4
Year: 2020 M&A 1 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-11 DevaConcepts

New York, New York, United States

DevaConcepts LLC offers high-growth, premium and category-leading hair care and styling products for all types of curly and wavy hair with a comprehensive portfolio of vegan and “free-from” formulas. The product range includes cleansers, conditioners, styling products, styling accessories, and treatments.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-21 Interstate Waste Services

Teaneck, New Jersey, United States

Interstate Waste Services is a provider of solid waste collection, transfer, recycling, and disposal services serving. Interstate Waste Services was founded in 1991 and is based in Teaneck, New Jersey.

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