Globenewswire·2026-01-27 20:33Core Insights - Makarora Management LP, in partnership with Ares Alternative Credit funds, has successfully acquired Plymouth Industrial REIT, Inc. for approximately $2.1 billion in an all-cash transaction [1][2] Company Information - Makarora Management LP is a New York-based investment management firm established in 2024, focusing on providing differentiated capital solutions in the commercial real estate sector, including opportunistic credit, structured capital, and equity [5] - Ares Management Corporation is a leading global alternative investment manager with over $595 billion in assets under management as of September 30, 2025, offering investment solutions across various asset classes including credit, real estate, private equity, and infrastructure [6] - Plymouth Industrial REIT, Inc. is a vertically integrated real estate investment company that focuses on the acquisition, ownership, and management of industrial properties, aiming to provide cost-effective and functional spaces for tenants [7] Transaction Details - Shareholders of Plymouth will receive cash consideration of $22.00 per share, and following the acquisition, Plymouth will no longer be listed on public securities exchanges [2] - KeyBanc Capital Markets Inc. and J.P. Morgan Securities LLC served as financial advisors for Plymouth, while Moelis & Company LLC acted as the lead financial advisor for Makarora [3][4]