Ares Management and Crescent Capital to acquire Savers.

Synopsis

Ares Management and Crescent Capital agreed to acquire Savers, a for-profit thrift-store chain, from TPG Capital and Leonard Green Partners. Financial terms were not disclosed.

Principals

target

Savers

bidder

Ares Management

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Market Context

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Seller Team (2)

howard sobel

Partner at Latham & Watkins

Lawyer

target

Deals

£ 34.65 B

Total Value

ken alterman

CEO at SAVERS LLC

Manager

target

Deal

n/a

Total Value

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