Ares Closes $850 Million Single-Asset Continuation Vehicle for Convergint Led by Leonard Green & Partners

NEW YORK–(BUSINESS WIRE)–Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that an Ares Private Equity fund has closed a single-asset continuation vehicle with approximately $850 million in total commitments for Convergint Technologies, L.P. (“Convergint” or the “Company”), a global leader in service-based systems integration. The transaction was led and fully underwritten by Leonard Green & Partners’ (“LGP”) Sage Fund, whi

Original source: http://www.businesswire.com/news/home/20260302507220/en/Ares-Closes-850-Million-Single-Asset-Continuation-Vehicle-for-Convergint-Led-by-Leonard-Green-Partners/?feedref=JjAwJuNHiystnCoBq_hl-bV7DTIYheT0D-1vT4_bKFzt_EW40VMdK6eG-WLfRGUE1fJraLPL1g6AeUGJlCTYs7Oafol48Kkc8KJgZoTHgMu0w8LYSbRdYOj2VdwnuKwa

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