BrightSphere Investment Group Inc (FRA:2B9)
€ 26.4 1.4 (5.6%) Market Cap: 1.01 Bil Enterprise Value: 1.28 Bil PE Ratio: 16.99 PB Ratio: 0 GF Score: 86/100

Ares Management Corp Agreement to Acquire Landmark Partners LLC - M&A Call Transcript

Mar 31, 2021 / 12:00PM GMT
Release Date Price: €17.2 (+7.50%)
Operator

Welcome to today's call announcing Ares Management Corporation's planned acquisition of Landmark Partners. (Operator Instructions) As a reminder, this conference call is being recorded on Wednesday, March 31, 2021.

I will now turn the call over to Carl Drake, Head of Public Company Investor Relations and Communications for Ares Management.

Carl G. Drake
Ares Management Corporation - Partner and Head of Public IR & Communications

Good morning and thank you for joining us today to hear more about our planned acquisition of Landmark Partners. I am joined today by Michael Arougheti, our Chief Executive Officer; and Michael McFerran, our Chief Operating Officer and Chief Financial Officer, who will provide some prepared remarks on the strategic rationale and the financial impact of the transaction. We will also hold a question-and-answer session, and Francisco Borges, Landmark's Chairman and Managing Partner; and Timothy Haviland, Landmark's President and Managing Partner, will also be available for questions.

This morning, we posted a press

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