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0.000194476857253933 0.000302519555728394 0.00427849085958763 0.00540213492372185 0.00125329530230344 0.00185833441376022 0.00496996412982401 0.009983145339038
Stock impact report

Create Music Group Completes $450M Fundraise at $2.2B Valuation [Yahoo! Finance]

Ares Management Corporation Class A (ARES) 
Last ares management corporation class a earnings: 2/13 06:00 am Check Earnings Report
US:NYSE Investor Relations: ares-ir.com
Company Research Source: Yahoo! Finance
successful completion of its latest funding round, valuing the company at $2.2 billion and securing over $450 million of new equity and debt capital to support its continued expansion. The company remains majority-owned by its founders, with institutional investors Ares Management, 2 Mile, and Flexpoint Ford each holding minority stakes. The financing round also included expanded bank group support, with Truist Securities and Banc of California serving as Joint Lead Arrangers. Jonathan Strauss, Co-Founder and CEO of Create Music Group. Photo by Rich Polk. This milestone comes on the heels of Create's strategic investment in Nettwerk Music Group, a transaction totaling more than $300 million that strengthens the company's portfolio with one of the world's most respected independent recording and publishing companies. The agreement enables Nettwerk's leadership to increase ownership while preserving the label's identity and creative autonomy – aligning with Create's partnership-firs Show less Read more
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