Ares Management completed the investment in CrossCountry Mortgage.

Synopsis

Ares Management, a global alternative investment manager, completed the investment in CrossCountry Mortgage, a company that finances mortgages for manufactured homes. Financial terms were not disclosed.

Principals

target

Crosscountry Mortgage

bidder

Ares Management

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Market Context

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Seller Team (2)

j. cory tull

Partner at Latham & Watkins

Lawyer

target

Deals

£ 8.43 B

Total Value

ron leonhardt

CEO at CROSSCOUNTRY MORTGAGE

Manager

target

Deal

n/a

Total Value

Bidder Team (1)

michael arougheti

CEO and President at ARES MANAGEMENT

Investor

bidder

Deals

£ 11.68 B

Total Value

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