03:24 PM EST, 02/02/2026 (MT Newswires) -- Ares Management ( ARES ) said Monday that it, along with DaVita ( DVA ) , has entered into an agreement to strategically invest in home care provider Elara Caring.

The investment is aimed at expanding access to "personalized, clinically advanced care at home for patients with complex and acute needs," the company said.

Ares and dialysis services company DaVita ( DVA ) will also co-develop a kidney-specific, home-based care model as part of the investment.

Financial terms of the transaction, which is expected to close later in 2026, were not disclosed.

Shares of Ares fell around 1.5%, while DaVita ( DVA ) rose, up 0.48% in recent Monday trading.

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