M&A
confidence high
sentiment positive
materiality 0.75
Ares completes GCP International acquisition; global real assets platform tops $115B
Ares Management Corp
- Acquisition of GCP International closed; Ares issues up to 10.46M shares of Class A common stock and 2.1M RSUs as partial consideration.
- Pro forma AUM exceeds $525B, with global real assets business over $115B as of Dec 31, 2024.
- Ares becomes a top-3 global logistics owner/operator with 570M+ sq ft of properties; expands into Japan, Brazil, Vietnam.
- Digital infrastructure pipeline exceeds 1GW IT capacity, with ~500MW projects underway.
- Ming Mei (former GCP CEO) joins as Partner and Senior Advisor; Michael Steele (former GCP President) joins as Partner in Real Assets Group.