Press Ganey Enters into Definitive Agreement to be Acquired by Affiliates of Ares Management Corporation and Leonard Green & Partners, L.P.
Ares Management Corporation Class A (ARES)
Last ares management corporation class a earnings: 2/13 06:00 am
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Source: Business Wire
BOSTON--(BUSINESS WIRE)-- Press Ganey Associates, Inc., a leading provider of safety, quality, patient experience and workforce engagement solutions for healthcare organizations, announced that it has entered into a definitive agreement to be acquired by private equity funds managed by Leonard Green & Partners, L.P. (“LGP”) and affiliates of Ares Management Corporation (NYSE:ARES). “We are very excited about our future partnership with Ares Management and LGP. These are two top flight firms that share our passion for supporting health care organizations to ensure that every patient and caregiver has a safe, high-quality experience. They both bring incredible expertise and resources to Press Ganey and we believe will allow us to execute on our vision through investments in product innovation and acquisitions,” said Patrick T. Ryan, Executive Chairman of Press Ganey. “The team at Press Ganey has been fortu
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