Pretium and Ares Management to Acquire Front Yard Residential

Pretium Acquires BH Management Services

February 29, 2024

Real Estate

Pretium, a specialized investment firm, has agreed to acquire BH Management Services, a leading U.S. property management platform that manages approximately 114,000 homes across 370 communities. The transaction, expected to close in early Q2 2024, will make BH an operating company of Pretium while keeping BH's current leadership and headquarters in Des Moines, Iowa.

Providence Equity and Ares Lead $400M Convertible Preferred Investment in OUTFRONT Media

April 16, 2020

Media & Entertainment

OUTFRONT Media raised $400 million of convertible perpetual preferred stock in a financing led by affiliates of Providence Equity Partners, with funds managed by Ares Management participating. The preferred carries a 7.0% dividend, is convertible at $16.00 per share (representing ~14.8% of common on an as-converted basis), and is intended to enhance the company’s liquidity and financial flexibility; Providence expects to appoint a director to OUTFRONT's board.

Ares Management Invests €2 Billion for 20% Stake in Plenitude

November 5, 2025

Renewable Energy

Ares Management, via its Ares Alternative Credit funds and affiliated vehicles, acquired a 20% stake in Plenitude from Eni for €2 billion, valuing the renewable energy and energy solutions company at over €12 billion. The investment will strengthen Plenitude’s shareholder base and support the company’s growth in renewable generation, energy retailing and electrification services as it pursues a target of 10 GW of capacity by 2028.

Makarora and Ares Complete $2.1B Acquisition of Plymouth Industrial REIT

January 27, 2026

Real Estate

Makarora Management LP, together with Ares Alternative Credit funds, completed the all-cash acquisition of Plymouth Industrial REIT, Inc. for approximately $2.1 billion, paying $22.00 per share. As a result of the transaction, Plymouth will be taken private and its shares will no longer trade on any public securities exchange.

Yard Alliance / YardWorks Acquire Palmetto Landscapes and Recapitalize Per-Fect-A-Lawn

January 19, 2024

Professional Services

Yard Alliance announced the recapitalization of Per-Fect-A-Lawn (Norcross, GA) and the acquisition of Palmetto Landscapes (Charleston, SC), expanding its residential landscaping platform into the Atlanta market and increasing scale in Charleston through its YardWorks business. The transactions are part of Yard Alliance's platform build, which is backed by Charlotte-based private investment firm WSC | Heritage.

Ares Management Acquires Majority Stake in Landscape Workshop

May 19, 2025

Environmental Services

Ares Private Equity (part of Ares Management Corporation) has acquired a majority stake in Landscape Workshop, a Birmingham, Alabama–based commercial landscaping and grounds management provider. Carousel Capital, which invested in Landscape Workshop in 2020, sold a majority position but will retain a significant stake; Ares intends to provide capital to expand the company’s regional footprint and scale through strategic acquisitions.