Ares Management Closes $850 Million Investment in Convergint Technologies
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 02 2026
0mins
Should l Buy ARES?
Source: Newsfilter
Ares Management Corp's stock fell 6.47% as it crossed below the 5-day SMA amid a broader market decline, with the Nasdaq-100 down 1.36% and the S&P 500 down 1.49%.
The company announced the closure of a single-asset continuation vehicle for Convergint Technologies, involving approximately $850 million in commitments. This strategic investment aims to maintain shared control with existing partners LGP and Harvest Partners, further solidifying Ares' leadership in the service-based systems integration sector. Since Ares' initial investment in 2018, Convergint has nearly quadrupled its Adjusted EBITDA, demonstrating robust growth and over 40 acquisitions, enhancing its competitive position in the technology-driven security solutions market.
This investment reflects Ares' confidence in Convergint's growth trajectory and the increasing demand for providers with global scale and expertise. However, the stock's decline indicates a potential sector rotation as the broader market experiences weakness.
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Analyst Views on ARES
Wall Street analysts forecast ARES stock price to rise
10 Analyst Rating
8 Buy
2 Hold
0 Sell
Strong Buy
Current: 108.850
Low
155.00
Averages
191.40
High
223.00
Current: 108.850
Low
155.00
Averages
191.40
High
223.00
About ARES
Ares Management Corporation is an alternative investment manager offering clients complementary primary and secondary investment solutions across various asset classes. Its segments include Credit Group, Private Equity Group, Real Assets Group, Secondaries Group, and Other. The Credit Group segment manages credit strategies across the liquid and illiquid spectrum, including liquid credit, alternative credit, direct lending and APAC credit. The Private Equity Group segment categorizes its investment strategies as corporate private equity, special opportunities and APAC private equity. The Real Assets Group segment manages comprehensive equity and debt strategies across real estate and infrastructure investments. The Secondaries Group segment invests in secondary markets across a range of alternative asset class strategies, including private equity, real estate, infrastructure and credit. It has operations across North America, South America, Europe, Asia Pacific and the Middle East.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- BlackRock Redemption Limits: BlackRock capped redemptions from its Corporate Lending Fund after receiving $1.2 billion in withdrawal requests in Q1, which is about 9.3% of its net asset value, paying out $620 million and blocking the rest, highlighting a growing liquidity crisis.
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See More
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Redemption Limits: BlackRock has implemented restrictions on redemptions at its private credit fund, influencing investor sentiment and market dynamics.
See More
