Form Technologies Acquired by Ares Management

Capital and Strategic Growth - Form Technologies has received $304 million in new equity capital, including$154 million of common equity from investors like Ares, D E Shaw group, and Onex Credit, and $150 million of preferred equity from D E Shaw group and Ripple Industries [1] - The new capital will support deleveraging and accelerate the company's strategic growth initiatives, including investments in operational capabilities and commercial strategy [1] Company Overview and Market Position - Form Technologies operates 32 facilities across 22 countries, serving nearly 2,000 customers in key markets such as automotive, aerospace, healthcare, and enterprise technology [2] - The company specializes in precision-engineered components, producing over five billion high-precision components annually with expertise in die casting, investment casting, and metal injection molding [4] - Form Technologies has strengthened its commercial organization and expanded its customer base through differentiated solutions and engineering excellence [2][3] Leadership and Strategic Vision - CEO David Angell highlighted the company's strategic repositioning over the past two years, solidifying its position as a global leader in precision-engineered parts [3] - Ares Management, a major investor, expressed confidence in Form Technologies' leadership and its ability to address the growing needs of its diversified customer base [3] Financial and Legal Advisors - Jefferies LLC served as financial advisor and Kirkland & Ellis LLP as legal counsel to Form Technologies [3] - Evercore acted as financial advisor and Paul, Weiss, Rifkind, Wharton & Garrison LLP as legal counsel to Ares Management [3]