Ropes & Gray Advised Ares’ Private Equity Group and DaVita in Strategic Investment in Elara Caring
Ropes & Gray Advised Ares’ Private Equity Group and DaVita in Strategic Investment in Elara Caring
Ropes & Gray advised Ares’ Private Equity Group and DaVita in a strategic investment in Elara Caring, a leading national provider of skilled home health, hospice, behaviour health and personal care services. The investment is intended to expand access to personalized, clinically advanced care at home for patients with complex and acute needs.
As part of the investment, DaVita and Elara intend to co-develop a kidney-specific home-based care model. This new model will build upon Elara’s existing clinical capabilities and apply DaVita’s advanced clinical insights to meet the needs of patients with kidney disease, seeking to reduce preventable hospitalizations, and help to lower the total cost of care.
Ares Management Corporation is a leading global alternative investment manager offering complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes.
DaVita is a comprehensive kidney care provider with 3,247 outpatient dialysis centres across the U.S. and in 14 countries.
Elara Caring is a leading provider of high-quality value-based home health care with 200 locations in 18 states.
The Ropes & Gray team was led by Michael Beauvais (Partner/ M&A) and Tara Fisher (Partner/ M&A), Chau Le (Partner/ Private Equity), and included Cristi Schwarzman (Partner/ Business Restructuring), Dan Coyne (Partner/ Finance), Allie Alperovich (Partner/ Executive Compensation & Employee Benefit) and Richard Kidd (Partner/ Executive Compensation & Employee Benefit), Megan Bisk (Partner/ Executive Compensation & Employee Benefit), Alyssa Kollmeyer (Partner/ Tax) and Pamela Glazier (Partner/ Tax), Fran Faircloth (Partner/ Data Privacy & cybersecurity), Emily Karlberg (Partner/ IP Transaction), Sally Davis (Partner/ Real Estate), Kelly Finn (Counsel/ M&A), Alison McLaughlin (Counsel/ Litigation & Enforcement) and Rupert Phillips (Counsel/ Litigation & Enforcement).
If you have a news or deal publication or would like to collaborate on content, columns, or article publications, connect with the Legal Era News Network Team and email us at info@legalera.in or call us on +91 8879634922.
