Deal Details

Savers Completes $235.8 Million Follow-On Offering

Consumer

Savers follow-on offering

Summary

Savers Value Village, Inc. (“Savers” or the “Company”) (NYSE: SVV), a portfolio company of Ares Management Corporation (“Ares”) (NYSE: ARES), recently completed an upsized secondary public offering of 23,000,000 shares (the “Offering”) of common stock by certain Ares Private Equity and Opportunistic Credit funds and accounts (the “Selling Stockholders”) at a price to the public of $10.25 per share, generating gross proceeds of approximately $235.8 million. The Offering includes 3,000,000 shares sold pursuant to the underwriters’ exercise in full of an option offered by the Selling Shareholders. Savers did not sell any shares of its Common Stock in the Offering and did not receive any proceeds from the sale of shares by the Selling Stockholders.

In addition, Savers repurchased 1,021,580 shares of Common Stock as part of the public offering, at a price per share equal to the price per share paid by the underwriters to the Selling Stockholders. The underwriters did not receive any compensation for the shares being repurchased by the Company.

Baird served as a Bookrunner on this Offering.

About

Savers is the largest for-profit thrift operator in the United States and Canada based on number of stores. With nearly 24,000 team members as of January 3, 2026, the Company operates a total of 375 stores under the Savers®, Value Village®, Value Village Boutique™, Village des ValeursMD, Unique® and 2nd Ave.® banners. As of July 4, 2026, they had 185 stores in the United States, 172 stores in Canada and 18 stores in Australia. Savers is headquartered in Bellevue, Washington.

Ares is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. Ares seeks to provide flexible capital to support businesses and create value for their stakeholders and within its communities. By collaborating across its investment groups, Ares aims to generate consistent and attractive investment returns throughout market cycles. As of June 30, 2026, Ares’ global platform had approximately $671 billion of assets under management. Ares is headquartered in Los Angeles, California.

Consumer

Savers follow-on offering