Ares Taps CIBC For Marietta LBO

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Ares Taps CIBC For Marietta LBO

CIBC World Markets will lead the financing to back Ares Management's acquisition of BFMA Holding Corp., parent company of Marietta Corp.

CIBC World Markets will lead the financing to back Ares Management's acquisition of BFMA Holding Corp., parent company of Marietta Corp. Ares became involved with the company because some partners in Ares have known Rick Bloom, Marietta's president, from prior business transactions, an Ares spokesman said. The transaction is expected to close by the end of the year. Marietta is a manufacturer of personal guest amenities for the hospitality industry.

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