Ares Management Corporation (NYSE: ARES) (“Ares”) announced today that an Ares Credit fund served as the administrative and collateral agent on a financing package to support the recapitalization of Global Healthcare Exchange, LLC (“GHX”).

Founded in 2000, GHX is the leading provider of mission critical supply chain software automation solutions in the healthcare industry, facilitating accurate and timely connectivity between suppliers, providers, and distributors. GHX serves the majority of healthcare manufacturers, distributors and GPOs alongside hospitals representing a high percentage of total U.S. hospital beds. The strategic financing will enable GHX to strengthen its capital structure and have the flexibility to achieve its long-term strategic objectives.

“Since first providing financing to GHX in 2014, we have seen the progression of GHX’s compelling solutions offering, blue chip customer base and track-record of performance all while maintaining its focus on a healthy balance sheet,” said Brian Kim, Partner in the Ares Credit Group. “We are pleased to continue building on our relationship with the GHX team through this latest investment, which we believe will help the company to further reinforce its differentiated position as they capitalize on long-term growth opportunities.”

“We appreciate Ares’ continued confidence in GHX’s vision,” said Tina Vatanka Murphy, President and CEO of GHX. “This strategic financing strengthens our ability to invest in innovation and further support healthcare organizations in improving operational efficiency and patient outcomes. With this support, GHX is well positioned to continue executing on its growth strategy while delivering the solutions our customers rely on to navigate an evolving healthcare landscape.”

GHX is a portfolio company of Temasek, an investment company based in Singapore. Warburg Pincus is also a significant minority owner of GHX.

About Ares Management Corporation

Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of December 31, 2024, Ares Management Corporation's global platform had over $484 billion of assets under management, with operations across North America, Europe, Asia Pacific and the Middle East. For more information, please visit www.aresmgmt.com.

About GHX

Building on decades of collaboration among providers, manufacturers, distributors and other industry stakeholders, Global Healthcare Exchange, LLC (GHX) is leading the charge in helping organizations run the new business of healthcare. By automating key business processes and translating evidence-based analytics and data into meaningful action, GHX is helping the healthcare ecosystem to move faster, operate more intelligently and achieve greater outcomes. With the support of GHX, healthcare organizations have removed billions of dollars of wasteful healthcare spend. For more information on GHX’s suite of cloud-based supply chain solutions, visit www.ghx.com and The Healthcare Hub.

Jacob Silber, +1-212-301-0376 media@aresmgmt.com

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