Ares Said to Weigh Takeover of Partners-Backed Form Technologies

Aug. 9, 2024, 7:34 PM UTC

Ares Management Corp. is exploring a potential buyout of industrial manufacturer Form Technologies, people familiar with the matter said.

The investment firm is considering financing the deal in part through a combination of preferred equity and common shares and is seeking a co-investor to participate in the equity portion, the people said.

Jefferies Financial Group Inc. has also been sounding out investors about a debt package to help fund a buyout of Form, which is backed by Partners Group Holding AG, according to the people. A $650 million term loan is being pitched with an interest rate of ...

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