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News

Reported Earlier, Ares Management Enhances Portfolio With £500M Equity Investment In Sustainability Leader RSK Alongside Searchlight Capital

Author: Benzinga Newsdesk | June 17, 2024 06:05am

The new investment will support the Company's continued organic and inorganic growth

RSK Group Limited ("RSK" or the "Company"), a global leader in the delivery of sustainable solutions, today announced it has entered into an agreement to receive a £500 million preferred equity investment from a consortium led by Searchlight Capital Partners, L.P. ("Searchlight"), and Ares Management Corporation funds ("Ares"). In addition, Ares has committed an incremental £300 million debt facility to further support RSK's growth plans, bringing total available debt facilities provided by Ares to £1.4 billion.

Posted In: ARES