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Stockreport

MGT and Ares Management Combine Forces to Create First Unicorn in SLED Services Industry

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
TAMPA, Fla., Dec. 3, 2025 /PRNewswire/ -- MGT, a national technology and advisory solutions leader serving state, local, and education (SLED) and government clients, announced it has closed a $350 million investment from Ares Management Corporation, valuing the company at $1.25 billion. Ares Management Corporation, one of the world's largest alternative investment managers with approximately $572 billion in assets under management (AUM), joins existing MGT backers The Vistria Group, J.P. Morgan and WhiteHorse Capital."This investment validates both our strategy and our commitment to building the category-of-one social impact and performance leader in SLED," said Trey Traviesa, chief executive officer, MGT. "With Ares' support, we significantly expand our capacity to undertake larger acquisitions and accelerate the high-impact growth and transformation we set out to achieve in our ambitious value-creation plan."MGT is midway through a four-year value-creation plan following Vistria's m [Read more]
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Stockreport

MGT and Ares Management Combine Forces to Create First Unicorn in SLED Services Industry

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
TAMPA, Fla., Dec. 3, 2025 /PRNewswire/ -- MGT, a national technology and advisory solutions leader serving state, local, and education (SLED) and government clients, announced it has closed a $350 million investment from Ares Management Corporation, valuing the company at $1.25 billion. Ares Management Corporation, one of the world's largest alternative investment managers with approximately $572 billion in assets under management (AUM), joins existing MGT backers The Vistria Group, J.P. Morgan and WhiteHorse Capital."This investment validates both our strategy and our commitment to building the category-of-one social impact and performance leader in SLED," said Trey Traviesa, chief executive officer, MGT. "With Ares' support, we significantly expand our capacity to undertake larger acquisitions and accelerate the high-impact growth and transformation we set out to achieve in our ambitious value-creation plan."MGT is midway through a four-year value-creation plan following Vistria's m [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