Announced
Synopsis
Ares Management, a global alternative investment manager, and DaVita, a healthcare provider specializing in kidney care services, agreed to invest in Elara Caring, a provider of personalized in-home care services. Financial terms were not disclosed. "This collaboration reflects a shared belief that care should be timelier, more personalized, and meet patients where they are most comfortable—at home. Together with Ares and DaVita, we have an extraordinary opportunity to improve the management of chronic conditions and deliver better results for patients and their loved ones as well as our healthcare system overall. We are thrilled to welcome them as partners," Ananth Mohan, Elara Caring CEO.
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