Subscribe to RSS - Ares Management

Ares Management

Convergint partners with Ares Management

Dan Moceri talks with SSN about what the financial deal means moving forward
 - 
02/07/2018

SCHAUMBURG, Ill.—Convergint Technologies recently announced its new financial partnership with a fund managed by the Private Equity Group of Ares Management, L.P., a global alternative asset manager with approximately $106 billion of assets under management. Convergint had been with Denver-based firm KRG Capital Partners since 2012, experiencing tremendous growth during that time.

Vivint exploring sale

CEO said $2 billion offer from Blackstone previously turned down
 - 
09/06/2012

PROVO, Utah—Vivint is considering a sale with final bids due later this month, according to a Reuters report. The report said the home automation/home security company could be valued at as much as $2 billion, and that among three private equity groups looking at the company is GTCR—owner of Protection 1, one of the nation’s largest security companies.