Ares Management and Partners Acquire Majority Stake in Form Technologies
January 21, 2025
Ares Management funds have acquired a majority of Form Technologies' common equity as part of a financing package that injected approximately $304 million of new equity to deleverage the company and support strategic growth. The capital—$154 million of common equity from Ares, the D. E. Shaw group and Onex Credit, plus $150 million of preferred equity from the D. E. Shaw group and Ripple Industries—will fund investments in operational capabilities and commercial expansion across Form Technologies' global manufacturing footprint.
- Buyers
- Ares Management, D. E. Shaw group, Onex Credit, Ripple Industries
- Targets
- Form Technologies
- Industry
- Manufacturing
- Location
- North Carolina, United States
- Transaction Type
- Buyout
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