Ares’ Backing Unlocks a New Expansion Era
In announcing the deal, CEO Trey Traviesa said Ares’ investment “validates our strategy” to dominate the social-impact and performance-driven government services market.
“With Ares’ support, we significantly expand our capacity to undertake larger acquisitions and accelerate the high-impact growth and transformation we set out to achieve,” Traviesa said.
The infusion comes halfway through MGT’s four-year value creation plan, launched after a majority investment from The Vistria Group in April 2023 — a period during which MGT has already tripled its enterprise value.
Ares joins a heavy-hitting roster of existing investors, including Vistria, J.P. Morgan and WhiteHorse Capital. With $572 billion in assets under management, Ares brings deep capital strength across credit, real estate, private equity and infrastructure.
Legal Advisors Still Undisclosed
While the financial contours of the transaction are now public, the law firms behind the deal remain unannounced. Representatives for the parties did not immediately respond to requests for comment.
