Ares Management to Acquire Form Technologies

Paul, Weiss is advising Ares Management funds in their acquisition of Form Technologies, Inc., a global leader in the production of precision-engineered components. Under the terms of the transaction, Ares, alongside investors D.E. Shaw Group and Onex Credit, provided Form Technologies with $154 million in common equity capital; D.E. Shaw and Ripple Industries provided an additional $150 million in preferred equity capital as part of the deal. The new capital is expected to support additional investment in Form Technologies' leading operational capabilities and accelerate the company's commercial strategy. The deal also includes the refinancing of Form Technologies' debt with a new $770 million credit facility.

The Paul, Weiss team is led by partners Michael Vogel, Kenneth Schneider, Thomas de la Bastide and Alice Eaton, and includes corporate partners Christodoulos Kaoutzanis and Adam Longenbach and counsel David Epstein; restructuring counsel Claudia Tobler; tax partner Scott Sontag; executive compensation partner Lawrence Witdorchic, and counsel Meghan Fox and Cynthia Akard; antitrust partner Ross Ferguson; and litigation partner Paul Paterson.