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Highlander Partners acquires Ares.

BANKING AND CREDIT NEWS-July 11, 2019-Highlander Partners acquires Ares

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Highlander Partners L.P., a middle market private investment firm based in Dallas, Texas, has announced the acquisition of the majority stake in the Ares Group ("Ares"), the company said.

Founded in 2013 and headquartered in Bucharest, Ares is the private provider of interventional cardiology procedures in Romania, with 5 facilities today. Its medical team is composed of highly reputable interventional cardiologists and key opinion leaders from Romania and throughout Europe.

RTPR Allen & Overy acted as legal counsel of Highlander Partners and TS Partners as financial and tax advisor, while Toacse, Iavolschi & Associates acted as a legal counsel and Contradiction as financial advisor to Centrele de Excelenta Ares.

Ares is the provider of the private interventional cardiology market in Romania, operating in five locations in Bucharest, Constanta and Cluj. It collaborates with a highly trained and experienced medical team, formed of leaders in cardiology from Romania and across Europe. Along with interventional cardiology procedures, Ares Centers also perform interventional radiology procedures. For more information on Ares' medical team and procedures, visit: https://medicina-interventionala.ro/en/

Highlander is a Dallas-based private investment firm with approximately USD 2 billion of assets under management. The firm focuses on making investments in businesses in targeted industries in which the principals of the firm have significant operating and investing experience. Highlander Partners implements a "buy and build" investment approach, creating value by helping companies grow both organically and through acquisitions. For more information, visit www.highlander-partners.com

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Publication:M2 Banking & Credit News (BCN)
Geographic Code:1U7TX
Date:Jul 11, 2019
Words:270
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