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Stockreport

CONVENE HOSPITALITY GROUP SECURES $230 MILLION OF STRATEGIC GROWTH CAPITAL

Ares Management Corporation Class A (ARES)  More Company Research Source: PR Newswire
Last ares management corporation class a earnings: 2/13 06:00 am Check Earnings Report
US:NYSE Investor Relations: ares-ir.com
Capital to Accelerate Global Hospitality Platform ExpansionNEW YORK, March 24, 2026 /PRNewswire/ -- Convene Hospitality Group (CHG), the leading global hospitality platform at the intersection of corporate conferences, meetings and experiential events, today announced that it has secured $230 million in strategic growth capital to accelerate global expansion across its multi-brand platform. The latest funding is provided by new lender, TPG, a leading global alternative asset management firm, as well as an additional equity investment from current shareholders, including Ares funds. A portion of the capital will be deployed toward new development; technology and production capabilities; and selective acquisitions to further scale the platform.The financing comes on the heels of a new chapter for the industry pioneer as it integrates and scales a growing house of leading hospitality brands including Convene, etc.venues, NeueHouse and several special event venues, delivered by an expande [Read more]
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Stockreport

CONVENE HOSPITALITY GROUP SECURES $230 MILLION OF STRATEGIC GROWTH CAPITAL

Ares Management Corporation Class A  (ARES) 
More Company Research Source: PR Newswire
Last ares management corporation class a earnings: 2/13 06:00 am Check Earnings Report
US:NYSE Investor Relations: ares-ir.com
Capital to Accelerate Global Hospitality Platform ExpansionNEW YORK, March 24, 2026 /PRNewswire/ -- Convene Hospitality Group (CHG), the leading global hospitality platform at the intersection of corporate conferences, meetings and experiential events, today announced that it has secured $230 million in strategic growth capital to accelerate global expansion across its multi-brand platform. The latest funding is provided by new lender, TPG, a leading global alternative asset management firm, as well as an additional equity investment from current shareholders, including Ares funds. A portion of the capital will be deployed toward new development; technology and production capabilities; and selective acquisitions to further scale the platform.The financing comes on the heels of a new chapter for the industry pioneer as it integrates and scales a growing house of leading hospitality brands including Convene, etc.venues, NeueHouse and several special event venues, delivered by an expande [Read more]
IMPACT SNAPSHOT
EVENT TIME:
ARES
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS