Ares Management Corp. has acquired global alternative asset management firm GCP International, the international business of GLP Capital Partners, to create a $115 billion global real assets platform with enhanced capabilities across new economy sectors and attractive geographies.
The deal, announced in October 2024, was estimated to include approximately $1.8 billion in cash and approximately $1.9 billion in Ares Class A common shares, representing a total transaction value of $3.7 billion
The transaction excludes GLP’s operations in greater China but adds important geographic exposure in Asia, with a significant presence in Japan through one of the largest logistics platforms in the country, local logistics platforms in emerging economies such as Brazil and Vietnam, and an expanded presence in Europe and the United States.
Ares said the addition of GCP International alongs