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Tag: Ares Management


Commercial

Convergint partners with Ares Management

February 7, 2018Paul Ragusa, Editor

SCHAUMBURG, Ill.—Convergint Technologies recently announced its new financial partnership with a fund managed by the Private Equity Group of Ares Management, L.P., a global alternative asset manager with approximately $106 billion of assets under management. Convergint had been with Denver-based firm KRG Capital Partners since 2012, experiencing tremendous growth during that time.Dan Moceri, executive chairman and co-founder of Convergint Technologies, said this new partnership will help the...

Ares Management, Convergint Technologies, Dan Moceri, Ken Lochiatto, L.P.


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Residential

Vivint exploring sale

September 6, 2012Martha Entwistle

PROVO, Utah—Vivint is considering a sale with final bids due later this month, according to a Reuters report. The report said the home automation/home security company could be valued at as much as $2 billion, and that among three private equity groups looking at the company is GTCR—owner of Protection 1, one of the nation's largest security companies.Reuters, citing unnamed sources, reported that other possible buyout firms are the Blackstone Group LP and Ares Management LLC.Contacted...

Alex Dunn, APX Alarm Security Solutions, Ares Management, Blackstone Group, Goldman Sachs, GTCR, Jupiter Partners LLC, Peterson Partners, Protection 1, Reuters


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