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Ares to acquire Whitestone REIT for $1.7 Billion

PUBLIC · ARESApr 09, 20263 months ago

Acquiring Company

Ares Management Corporation

Acquired Company

Whitestone REIT

Los AngelesHoustonProfessional ServicesFinancial ServicesReal EstateFinanceVenture CapitalAngel InvestmentFintechLendingReal EstateReal Estate InvestmentHospitality

Description

Ares Management Corporation has entered into a merger agreement to acquire Whitestone REIT for approximately $1.7 billion. Each share of Whitestone will be purchased for $19.00 in cash, reflecting significant premiums over recent share prices. The transaction is expected to close in the third quarter of 2026, pending shareholder approval. Following the acquisition, Whitestone will become a private company.

Company Information

Company

Ares Management Corporation

Location

Los Angeles, California, United States

About

Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, private equity, real estate and infrastructure asset classes. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of September 30, 2021, Ares Management Corporation’s global platform had approximately $282 billion of assets under management, with approximately 2,000 employees operating across North America, Europe, Asia Pacific and the Middle East. For more information, please visit www.aresmgmt.com. Follow Ares on Twitter @Ares_Management.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.