The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

Founded Year

2021

Stage

IPO | IPO

Date of IPO

2/2/2021

Market Cap

1.23B

Stock Price

9.84

About Ares Acquisition

Ares Acquisition (NYSE: AACU) is a blank check company, also commonly referred to as a Special Purpose Acquisition Company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities.

Ares Acquisition Headquarter Location

245 Park Avenue 44th Floor

New York, New York, 10167,

United States

310-201-4100

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Ares Acquisition News

Equinox, Owner of SoulCycle, Is In Merger Talks With Ares SPAC

Oct 21, 2021

5:08 AM IST, 20 Oct 2021 3:28 AM IST, 20 Oct 2021 5:08 AM IST, 20 Oct 2021 Save (Bloomberg) -- Equinox, whose gyms are frequented by Wall Street staffers among others, is in talks to go public through a merger with Ares Acquisition Corp. after talks with one of Chamath Palihapitiya’s blank-check companies collapsed, according to people with knowledge of the matter. (Bloomberg) -- Equinox, whose gyms are frequented by Wall Street staffers among others, is in talks to go public through a merger with Ares Acquisition Corp. after talks with one of Chamath Palihapitiya’s blank-check companies collapsed , according to people with knowledge of the matter. Deliberations are ongoing and may not result in a transaction, the people said, asking not to be identified discussing private information. The valuation couldn’t be learned. Representatives for Ares and Equinox declined to comment. Ares Acquisition raised $1 billion in its February initial public offering. It is backed by Ares Management Corp., an alternative asset manager. A co-founder of Ares Management, David Kaplan, is the SPAC’s co-chairman and chief executive officer. Equinox held talks with Palihapitiya’s Social Capital Hedosophia Holdings Corp. VI earlier this year. That deal could have valued Equinox at more than $7.5 billion including debt, a person with knowledge of the matter said at the time. In February 2020, Equinox struck a funding deal with private equity firm Silver Lake to build out its digital platform. Consumer-focused buyout firm L Catterton also owns a minority stake in the gym operator. Equinox also operates brands including SoulCycle, Rumble and Blink Fitness. ©2021 Bloomberg L.P.

  • When was Ares Acquisition founded?

    Ares Acquisition was founded in 2021.

  • Where is Ares Acquisition's headquarters?

    Ares Acquisition's headquarters is located at 245 Park Avenue, New York.

  • What is Ares Acquisition's latest funding round?

    Ares Acquisition's latest funding round is IPO.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.