Ares Management and LightBay Capital Invest in Awayday

PSG Leads $175M Growth Investment in Hostaway

May 31, 2023

Cloud & SaaS

Hostaway, a vacation rental management software provider headquartered in Finland, raised $175 million in a growth investment led by PSG to accelerate global expansion, hire talent, and pursue organic and inorganic growth. The funding — the largest capital raise in the vacation rental platform sector to date — will support scaling of Hostaway’s SaaS platform and customer service capabilities.

General Atlantic Leads $365M Strategic Growth Investment in Hostaway

December 17, 2024

Cloud & SaaS

Hostaway, a Finland-based vacation rental SaaS provider, has received a $365 million strategic growth investment led by General Atlantic with participation from existing investor PSG Equity. The minority growth capital will support international expansion, product development, and AI initiatives while both investors become significant minority shareholders.

Ares and Carlyle Provide €800M Strategic Preferred Equity Investment in Your.World

January 28, 2025

Cloud & SaaS

Your.World, a leading European web hosting and managed IT services platform headquartered in Amsterdam, received €800 million of long-term preferred equity from Ares Management credit funds and Carlyle to support accelerated growth and its scalable M&A strategy. The capital will back continued organic growth and an active acquisitive strategy across European SME markets while reinforcing the company’s decentralized operating model and multi‑brand platform.

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.

Ares Management Acquires Capital Automotive (CARS) from Brookfield for $3.8 Billion

February 8, 2022

Real Estate

Funds managed by Ares Management Corporation's Alternative Credit strategy and Real Estate Group acquired Capital Automotive LLC (CARS) from a Brookfield private real estate fund for $3.8 billion. CARS, headquartered in McLean, Virginia, owns a portfolio of more than 250 net-lease automotive dealership properties across the U.S. and Canada; the acquisition expands Ares' net-lease capabilities and increases its net lease gross asset value to more than $7 billion over the prior 15 months.

Vacatia Acquires The Berkley Group and Daily Management

January 2, 2025

Real Estate

Vacatia, a technology-driven hospitality company, acquired The Berkley Group, Inc. and Daily Management, Inc., combining Vacatia’s product and rental capabilities with Berkley and Daily Management’s resort development, sales and property-management expertise. The transaction was financed in partnership with affiliates of Fairfax Financial (via Hamblin Watsa Investment Counsel Ltd.), and brings together more than 2,500 associates servicing over 460,000 owners and managing over 11,000 units across 13 states.