Investment Summary

Ares Private Equity Group Invests In Plasco Energy Group

On July 28, 2010, private equity firm Ares Private Equity Group invested in environmental company Plasco Energy Group

Investment Highlights
  • This is Ares Private Equity Group’s 2nd transaction in the Environmental sector.
  • This is Ares Private Equity Group’s 1st transaction in Canada.
  • This is Ares Private Equity Group’s 1st transaction in Ontario.

Investment Summary

Date 2010-07-28
Target Plasco Energy Group
Sector Environmental
Investor(s) Ares Private Equity Group
Deal Type Growth Capital

Target

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.

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Investor(S) 1

Investor

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 29 of 98
Sector (Environmental) 2 of 8
Type (Growth Capital) 4 of 15
State (Ontario) 1 of 2
Country (Canada) 1 of 2
Year (2010) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-06-11 KAG

North Canton, Ohio, United States

KAG provides transportation and logistics services to the fuel, chemical, liquid food and merchant gas sectors in the U.S. and Canada. KAG was founded in 1997 and is based in North Canton, Ohio.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-10-13 Financial Pacific Leasing

Federal Way, Washington, United States

Financial Pacific Leasing, Inc. is a commercial finance company that leases equipment to small businesses.

Sell -