Ares Management $1.45 billion investment in DuPage Medical Group

Overview:

• Ares Management has invested $1.45 billion in DuPage Medical Group, which is one of the nation’s largest independent, multi-specialty physician groups.
• This money is to be used for expansion purposes, specifically the addition of new physicians over time, as well as expanding the amount of services provided.
• Part of this agreement ensues that DuPage will remain 100% physician owned and directed and that current DMG physicians retain an ownership stake in practice management.
• As part of the deal, Ares acquired the stake in DMG’s practice management solutions previously owned by Summit Partners, effectively signifying Summit’s exit from their partnership with DMG.

Dylan Seligman - Researcher