Announced

Highlander Partners to acquire a majority stake in the Ares Group.

Synopsis

Highlander Partners, a leading middle market private investment firm based in Dallas, Texas, has agreed to acquire a majority stake in the Ares Group, the leading private provider of interventional cardiology procedures in Romania. Financial terms were not disclosed. “We believe that together with our new partners we will be strongly prepared to bring the business to the next level and expand our services to the entire country, while continuing to innovate in the field of endovascular medicine in Romania. Given the Highlander team’s extensive medical services investment expertise, we are convinced that we will have both a strong financial and strategic partner.” Oren Iancovici, Ares CEO and Founder.

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