Ares’ Private Equity Group (Ares) and DaVita will make a strategic investment in Elara Caring, according to a news release.
Elara, founded in 1975 and based in Dallas, is a provider of home care, offering skilled home health, hospice, personal care services, behavioral health and palliative care in 18 states.
Ares (NYSE: ARES) is a global alternative asset manager. Its private equity group had approximately $25 billion of assets under management as of December 31, 2025.
DaVita (NYSE: DVA) is a global kidney care provider
Terms of the investment were not disclosed. The transaction is expected to occur later this year.
