Ares Management completed the acquisition of Atlas Crane Service.

Ares Management, an alternative investment manager, completed the acquisition of Atlas Crane Service, a full-service crane rental company. Financial terms were not disclosed. “The investment by Ares marks an exciting next chapter for Atlas, our employees and our customers as we seek to accelerate the growth of our business and capabilities. Ares brings meaningful resources and deep experience in the renewables industry, which we believe will support our strategic expansion in the growing wind sector. Our team is energized by the future opportunities for Atlas and we remain steadfast in our commitment to supporting renewable energy generation across the US," Zach Prentis, Atlas CEO.