Ares Management has held talks to buy Leonard Green & Partners
Financial Times 2026-07-27 17:23:25
Context: Ares Management, a leading private equity firm, has engaged in discussions to acquire Leonard Green & Partners, another prominent private equity group based in Los Angeles. If the deal comes to fruition, it would significantly bolster Ares' private equity business. The talks between the two firms are underway, with the potential for a major expansion of Ares' operations.
Key Facts
- Ares Management, a well-established private equity firm, has held talks with Leonard Green & Partners, a Los Angeles-based private equity group, regarding a potential acquisition that would dramatically expand Ares' private equity business.
- The deal, if completed, would mark a significant development in the private equity landscape, allowing Ares to tap into Leonard Green & Partners' portfolio and expertise.
- Leonard Green & Partners, known for its investments in companies such as Staples and Petco, would bring a substantial portfolio of assets under Ares' management, potentially transforming the firm's market position.