Ares Management
Alternative investment manager with major healthcare and services portfolio
2
Brands Owned
0
Documented Impacts
0
Bankruptcies
2
Industries
Owns 2 brands in our database
Retail & ConsumerGastroenterology & Specialty Physicians
Brands Owned by Ares Management (2)
99 Cents Only Stores
Retail & Consumer · 3 locations
Ares Management and Canada Pension Plan Investment Board acquired 99 Cents Only in 2011 for $1.6B via leveraged buyout. After years of declining performance, Ares concluded liquidation would maximize returns. Filed Chapter 11 in April 2024 and closed all 371 stores by June 2024. Locations sold primarily to Dollar Tree.
Gastro Health
Gastroenterology & Specialty Physicians · 5 locations
Ares Management-backed GI practice platform with 200+ locations expanding nationally from Florida base