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Duly’s private equity backer looks for an exit: report​

Reported by Chicagobusiness
Nov 3, 2026· 1 min read
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Key Takeaways
  • • Ares Management is reportedly looking to sell its stake in Duly Health & Care, according to a Crain's Chicago Business report published November 3, 2026.
  • • Duly Health & Care, a Chicago-based healthcare company, is backed by private equity firm Ares, which is now seeking an exit from the investment.
  • • The primary source does not disclose deal size, valuation, stake percentage, or potential buyers, so these details remain unconfirmed.
Summary
Ares is looking to sell its stake in Duly Health & Care, according to a report by Crain's Chicago Business, published November 3, 2026. The report, written by Jon Asplund, indicates that the private equity firm is seeking an exit from its investment in the Chicago-based healthcare company.

The available coverage does not specify the size of Ares' stake, the expected valuation, the timing of a potential sale, or whether any prospective buyers have been identified. Readers seeking those details should consult the full Crain's Chicago Business article.

The report is categorized under Crain's healthcare coverage. Ares' move to exit Duly would mark a liquidity event for the sponsor and is a relevant data point for allocators tracking private equity healthcare exits in the Chicago market.

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Sources

1 outlet

AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Chicagobusiness Duly’s private equity backer looks for an exit: report​