WHP Global Receives $375M Equity Investment
- WHP Global, a New York-based brand management firm, raised $375M in Equity investment
- The round was led by Ares Management Corporation (NYSE: ARES) providing significant growth capital for WHPGlobal’s next wave of brand acquisitions
- The transaction values WHPGlobal at $1.6 billion. As part of the transaction, Jordan Smith and Aaron Rosen, Partners in the Ares Private Equity Group will join WHPGlobal’s Board of Directors
- The company intends to use the funds to accelerate growth and expand operations
- WHPGlobal acquires global consumer brands and invests in high-growth distribution channels including digital commerce platforms and global expansion
- The company also owns WHP+, a direct to consumer digital e-commerce platform for brands, with full in-house operations
