Ares Management Launches Automated Industrial Robotics Inc. - Seite 2

Mr. Klos and Mr. de Stonndún said, “We are excited to work with Ares in bringing AIR to global markets. Industrial automation is a high-growth industry benefitting from a number of secular tailwinds, and we are confident that AIR is well-positioned to build a competitive global platform through strategic acquisitions and organic growth. With our initial investments in TA Systems and Modular, we are establishing a relationship-driven team with a blue-chip customer base across diverse industries. Through our integration, we will share our respective strengths as we continue to enhance efficiencies, drive technological innovation and industry-leading automation solutions to customers around the world.”

Matt Cwiertnia, Co-Head of the Ares Private Equity Group, said, “I firmly believe that AIR, with the support of Ares, has a differentiated opportunity to build a scaled player in the highly fragmented industrial automation industry. Brian and Darragh together bring substantial experience in acquiring, integrating and operating businesses, and we are excited to work with them to position the Company for long-term growth.”

Ted Brown, CEO of TA Systems, said, “TA Systems is thrilled to join AIR, marking a pivotal moment in our journey of growth and diversification in both technology and industry verticals. As part of AIR, we remain committed to delivering exceptional value and service to all customers and contributing to the continued evolution of automation technologies.”

Vivian Farrell, CEO of Modular, said, “This represents a significant milestone for Modular and empowers us to expand the reach of our innovative solutions and advanced automation capabilities for our global medical technology clients. Looking ahead, our teams are energized to continue building on our shared values and serving customers wherever they operate.”

About Ares Management Corporation

Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, private equity, real estate and infrastructure asset classes. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of September 30, 2023, Ares Management Corporation's global platform had approximately $395 billion of assets under management, with approximately 2,800 employees operating across North America, Europe, Asia Pacific and the Middle East. For more information, please visit www.aresmgmt.com.