Ares in Talks to Acquire $85B PE Firm Leonard Green
ARES sits 34% above its 52-week low of $95.8 on light trading volume (0.4× avg).
Summary
Ares Management is in talks to acquire Leonard Green & Partners, a private equity firm managing roughly $85 billion. This would be a significant strategic move, reversing the typical expansion route for a credit-focused shop and adding substantial scale in private equity. The deal follows a strong year of fundraising and record AUM, signaling continued appetite for consolidation. If completed, it would materially broaden Ares' platform and investor base. No terms have been disclosed, and talks may not lead to a transaction.
At the time of this announcement, ARES was trading at $128.25 on NYSE in the Finance sector, with a market capitalization of approximately $28.5B. The 52-week trading range was $95.80 to $195.26. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.