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BUSINESS COMBINATIONS (Tables)
9 Months Ended
Sep. 30, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Business Acquisitions Fair Value Consideration Transferred
The acquisition date fair value of the consideration transferred totaled $3.9 billion, which consisted of the following:

Cash$1,787,575 
Equity(1)
1,657,881 
Contingent consideration(2)
465,080 
Total$3,910,536 
(1)9.6 million shares of Class A common stock and 0.1 million Ares Operating Group Units (“AOG Units”) were issued in connection with the GCP Acquisition purchase consideration.
(2)See “Note 8. Commitments and Contingencies” for a further description of the contingent consideration from the GCP Acquisition.
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following is a summary of the fair values of assets acquired and liabilities assumed for the GCP Acquisition as of March 1, 2025, based upon third party valuations of certain intangible assets. The purchase price allocation is preliminary and subject to change during the measurement period, which may be up to one year from the acquisition date, as additional information is obtained about the facts and circumstances that existed at close of the GCP Acquisition. The fair value of assets acquired and liabilities assumed are estimated to be:

Cash$61,436 
Other tangible assets452,438 
Intangible assets:
Management contracts473,300 
Client relationships107,200 
Finite-lived intangible assets580,500 
Indefinite-lived management contracts749,600 
Total intangible assets1,330,100 
Total identifiable assets acquired1,843,974 
Accounts payable, accrued expenses and other liabilities203,058 
Net identifiable assets acquired1,640,916 
Goodwill2,269,620 
Net assets acquired$3,910,536