New York, NY - WHP Global, a company that owns and brand manages over $6.5 billion in global retail sales, announced that it has successfully raised $375 million in a funding round led by Ares Management Corporation. Founded by Yehuda Shmidman in the United States, WHP Global plans to deploy significant capital into acquiring more brands with business models optimized for the future of retail

"We see the volatile transformation of the retail environment as an opportunity to invest and monetize valuable brands," said Shmidman. "With this new funding round, we are well-positioned to make strategic moves towards our mission of building global consumer brands across all category verticals."

WHP Global focuses on building its acquired brands through high-growth distribution channels such as digital commerce platforms, product licensing, and global expansion. With this injection of funds from Ares Management Corporation, WHP Global will be able to further its goal of leveraging meaningful investments that enable growth and profitability for its portfolio companies.