11:55 AM EST, 01/30/2025 (MT Newswires) -- Ares Management ( ARES ) is planning to make a "substantial equity investment" in ID.me after its funds closed a $275 million credit facility with the digital identity wallet, according to a Thursday statement from ID.me.

No other details on the planned investment were disclosed.

Ares Management ( ARES ) did not immediately respond to MT Newswires' request for comment.

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