Ares Management and Livingbridge completed the investment in M247, which provides internet infrastructure services. Financial terms were not disclosed. "M247 is a well-respected business in a large, diverse and growing market and we are delighted to be able to announce the extension of our partnership with the firm in conjunction with Ares. Macro industry trends such as digitalisation, data convergence and globalisation are strong drivers of cloud adoption and M247 is perfectly positioned to tap into this growing market. We look forward to continuing our highly successful partnership with the leadership team," Liz Jones, Livingbridge Partner.