Makarora and Ares Complete $2.1B Acquisition of Plymouth Industrial REIT
January 27, 2026
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.
- Buyers
- Makarora Management LP, Ares Alternative Credit funds (Ares Management Corporation)
- Targets
- Plymouth Industrial REIT, Inc.
- Sellers
- Plymouth Industrial REIT shareholders
- Industry
- Real Estate
- Location
- United States
- Transaction Type
- Buyout
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