0001104659-24-019940.txt : 20240213 0001104659-24-019940.hdr.sgml : 20240213 20240213163059 ACCESSION NUMBER: 0001104659-24-019940 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20240213 DATE AS OF CHANGE: 20240213 GROUP MEMBERS: ACOF INVESTMENT MANAGEMENT LLC GROUP MEMBERS: ARES CORPORATE OPPORTUNITIES FUND V, L.P. GROUP MEMBERS: ARES HOLDCO LLC GROUP MEMBERS: ARES MANAGEMENT CORP GROUP MEMBERS: ARES MANAGEMENT GP LLC GROUP MEMBERS: ARES MANAGEMENT HOLDINGS L.P. GROUP MEMBERS: ARES PARTNERS HOLDCO LLC GROUP MEMBERS: ARES VOTING LLC GROUP MEMBERS: ASOF HOLDINGS I, L.P. GROUP MEMBERS: ASOF INVESTMENT MANAGEMENT LLC GROUP MEMBERS: ASSF IV AIV B HOLDINGS III, L.P. GROUP MEMBERS: ASSF IV AIV B, L.P. GROUP MEMBERS: ASSF OPERATING MANAGER IV, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Savers Value Village, Inc. CENTRAL INDEX KEY: 0001883313 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-MISCELLANEOUS RETAIL [5900] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 834165683 STATE OF INCORPORATION: DE FISCAL YEAR END: 1230 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-94393 FILM NUMBER: 24626586 BUSINESS ADDRESS: STREET 1: 11400 SE 6TH ST., #220 CITY: BELLEVUE STATE: WA ZIP: 98004 BUSINESS PHONE: 425-462-1515 MAIL ADDRESS: STREET 1: 11400 SE 6TH ST., #220 CITY: BELLEVUE STATE: WA ZIP: 98004 FORMER COMPANY: FORMER CONFORMED NAME: S-Evergreen Holding LLC DATE OF NAME CHANGE: 20210916 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ARES MANAGEMENT LLC CENTRAL INDEX KEY: 0001259313 ORGANIZATION NAME: IRS NUMBER: 010605583 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 2000 AVENUE OF THE STARS STREET 2: 12TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90067 BUSINESS PHONE: 310-201-4100 MAIL ADDRESS: STREET 1: 2000 AVENUE OF THE STARS STREET 2: 12TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90067 SC 13G 1 tm245820d2_sc13g.htm SC 13G

 

 

 

Securities and Exchange Commission

Washington, D.C. 20549

 

Schedule 13G

 

(Rule 13d-102)

 

Information to be Included in Statements Filed Pursuant

to § 240.13d-1(b), (c) and (d) and Amendments Thereto Filed

Pursuant to § 240.13d-2

 

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

(Amendment No. )*

 

Savers Value Village, Inc.

(Name of Issuer)

 

Common Stock, par value $0.000001 per share

(Title of Class of Securities)

 

80517M109

(CUSIP Number)

 

December 31, 2023

(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

¨Rule 13d-1(b)
¨Rule 13d-1(c)
xRule 13d-1(d)

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

 

 

 

CUSIP No. 80517M109 Schedule 13G Page 1 of 21

 

1

Names of Reporting Persons

ASSF IV AIV B Holdings III, L.P.

 

2 Check the Appropriate Box if a Member of a Group (a) ¨
(b)
x
3

SEC Use Only

 

4

Citizenship or Place of Organization

Delaware

 

Number of Shares
Beneficially Owned by
Each Reporting Person
With
5

Sole Voting Power

 

0

 

6

Shared Voting Power

 

9,967,710

 

7

Sole Dispositive Power

 

0

 

8

Shared Dispositive Power

 

9,967,710

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

9,967,710

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11

Percent of Class Represented by Amount in Row 9

 

6.2%

12

Type of Reporting Person

 

PN

 

 

 

 

CUSIP No. 80517M109 Schedule 13G Page 2 of 21

 

1

Names of Reporting Persons

ASSF IV AIV B, L.P.

 

2 Check the Appropriate Box if a Member of a Group (a) ¨
(b)
x
3

SEC Use Only

 

4

Citizenship or Place of Organization

Delaware

 

Number of Shares
Beneficially Owned by
Each Reporting Person
With
5

Sole Voting Power

 

0

 

6

Shared Voting Power

 

9,110,184

 

7

Sole Dispositive Power

 

0

 

8

Shared Dispositive Power

 

9,110,184

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

9,110,184

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11

Percent of Class Represented by Amount in Row 9

 

5.7%

12

Type of Reporting Person

 

PN

 

 

 

 

CUSIP No. 80517M109 Schedule 13G Page 3 of 21

 

1

Names of Reporting Persons

ASSF Operating Manager IV, L.P.

 

2 Check the Appropriate Box if a Member of a Group (a) ¨
(b)
x
3

SEC Use Only

 

4

Citizenship or Place of Organization

Delaware

 

Number of Shares
Beneficially Owned by
Each Reporting Person
With
5

Sole Voting Power

 

0

 

6

Shared Voting Power

 

21,588,517

 

7

Sole Dispositive Power

 

0

 

8

Shared Dispositive Power

 

21,588,517

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

21,588,517

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11

Percent of Class Represented by Amount in Row 9

 

13.5%

12

Type of Reporting Person

 

PN

 

 

 

 

CUSIP No. 80517M109 Schedule 13G Page 4 of 21

 

1

Names of Reporting Persons

ASOF Holdings I, L.P.

 

2 Check the Appropriate Box if a Member of a Group (a) ¨
(b)
x
3

SEC Use Only

 

4

Citizenship or Place of Organization

Delaware

 

Number of Shares
Beneficially Owned by
Each Reporting Person
With
5

Sole Voting Power

 

0

 

6

Shared Voting Power

 

37,388,017

 

7

Sole Dispositive Power

 

0

 

8

Shared Dispositive Power

 

37,388,017

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

37,388,017

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11

Percent of Class Represented by Amount in Row 9

 

23.3%

12

Type of Reporting Person

 

PN

 

 

 

 

CUSIP No. 80517M109 Schedule 13G Page 5 of 21

 

1

Names of Reporting Persons

ASOF Investment Management LLC

 

2 Check the Appropriate Box if a Member of a Group (a) ¨
(b)
x
3

SEC Use Only

 

4

Citizenship or Place of Organization

Delaware

 

Number of Shares
Beneficially Owned by
Each Reporting Person
With
5

Sole Voting Power

 

0

 

6

Shared Voting Power

 

37,388,017

 

7

Sole Dispositive Power

 

0

 

8

Shared Dispositive Power

 

37,388,017

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

37,388,017

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11

Percent of Class Represented by Amount in Row 9

 

23.3%

12

Type of Reporting Person

 

OO (Limited Liability Company)

 

 

 

 

CUSIP No. 80517M109 Schedule 13G Page 6 of 21

 

1

Names of Reporting Persons

Ares Corporate Opportunities Fund V, L.P.

 

2 Check the Appropriate Box if a Member of a Group (a) ¨
(b)
x
3

SEC Use Only

 

4

Citizenship or Place of Organization

Delaware

 

Number of Shares
Beneficially Owned by
Each Reporting Person
With
5

Sole Voting Power

 

0

 

6

Shared Voting Power

 

75,682,654

 

7

Sole Dispositive Power

 

0

 

8

Shared Dispositive Power

 

75,682,654

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

75,682,654

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11

Percent of Class Represented by Amount in Row 9

 

47.2%

12

Type of Reporting Person

 

PN

 

 

 

 

CUSIP No. 80517M109 Schedule 13G Page 7 of 21

 

1

Names of Reporting Persons

ACOF Investment Management LLC

 

2 Check the Appropriate Box if a Member of a Group (a) ¨
(b)
x
3

SEC Use Only

 

4

Citizenship or Place of Organization

Delaware

 

Number of Shares
Beneficially Owned by
Each Reporting Person
With
5

Sole Voting Power

 

0

 

6

Shared Voting Power

 

75,682,654

 

7

Sole Dispositive Power

 

0

 

8

Shared Dispositive Power

 

75,682,654

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

75,682,654

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11

Percent of Class Represented by Amount in Row 9

 

47.2%

12

Type of Reporting Person

 

OO (Limited Liability Company)

 

 

 

 

CUSIP No. 80517M109 Schedule 13G Page 8 of 21

 

1

Names of Reporting Persons

Ares Management LLC

 

2 Check the Appropriate Box if a Member of a Group (a) ¨
(b)
x
3

SEC Use Only

 

4

Citizenship or Place of Organization

Delaware

 

Number of Shares
Beneficially Owned by
Each Reporting Person
With
5

Sole Voting Power

 

0

 

6

Shared Voting Power

 

134,659,188

 

7

Sole Dispositive Power

 

0

 

8

Shared Dispositive Power

 

134,659,188

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

134,659,188

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11

Percent of Class Represented by Amount in Row 9

 

83.9%

12

Type of Reporting Person

 

OO (Limited Liability Company)

 

 

 

 

CUSIP No. 80517M109 Schedule 13G Page 9 of 21

 

1

Names of Reporting Persons

Ares Management Holdings L.P.

 

2 Check the Appropriate Box if a Member of a Group (a) ¨
(b)
x
3

SEC Use Only

 

4

Citizenship or Place of Organization

Delaware

 

Number of Shares
Beneficially Owned by
Each Reporting Person
With
5

Sole Voting Power

 

0

 

6

Shared Voting Power

 

134,659,188

 

7

Sole Dispositive Power

 

0

 

8

Shared Dispositive Power

 

134,659,188

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

134,659,188

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11

Percent of Class Represented by Amount in Row 9

 

83.9%

12

Type of Reporting Person

 

PN

 

 

 

 

CUSIP No. 80517M109 Schedule 13G Page 10 of 21

 

1

Names of Reporting Persons

Ares Holdco LLC

 

2 Check the Appropriate Box if a Member of a Group (a) ¨
(b)
x
3

SEC Use Only

 

4

Citizenship or Place of Organization

Delaware

 

Number of Shares
Beneficially Owned by
Each Reporting Person
With
5

Sole Voting Power

 

0

 

6

Shared Voting Power

 

134,659,188

 

7

Sole Dispositive Power

 

0

 

8

Shared Dispositive Power

 

134,659,188

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

134,659,188

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11

Percent of Class Represented by Amount in Row 9

 

83.9%

12

Type of Reporting Person

 

OO (Limited Liability Company)

 

 

 

 

CUSIP No. 80517M109 Schedule 13G Page 11 of 21

 

1

Names of Reporting Persons

Ares Management Corporation

 

2 Check the Appropriate Box if a Member of a Group (a) ¨
(b)
x
3

SEC Use Only

 

4

Citizenship or Place of Organization

Delaware

 

Number of Shares
Beneficially Owned by
Each Reporting Person
With
5

Sole Voting Power

 

0

 

6

Shared Voting Power

 

134,659,188

 

7

Sole Dispositive Power

 

0

 

8

Shared Dispositive Power

 

134,659,188

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

134,659,188

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11

Percent of Class Represented by Amount in Row 9

 

83.9%

12

Type of Reporting Person

 

CO

 

 

 

 

CUSIP No. 80517M109 Schedule 13G Page 12 of 21

 

1

Names of Reporting Persons

Ares Voting LLC

 

2 Check the Appropriate Box if a Member of a Group (a) ¨
(b)
x
3

SEC Use Only

 

4

Citizenship or Place of Organization

Delaware

 

Number of Shares
Beneficially Owned by
Each Reporting Person
With
5

Sole Voting Power

 

0

 

6

Shared Voting Power

 

134,659,188

 

7

Sole Dispositive Power

 

0

 

8

Shared Dispositive Power

 

134,659,188

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

134,659,188

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11

Percent of Class Represented by Amount in Row 9

 

83.9%

12

Type of Reporting Person

 

OO (Limited Liability Company)

 

 

 

 

CUSIP No. 80517M109 Schedule 13G Page 13 of 21

 

1

Names of Reporting Persons

Ares Management GP LLC

 

2 Check the Appropriate Box if a Member of a Group (a) ¨
(b)
x
3

SEC Use Only

 

4

Citizenship or Place of Organization

Delaware

 

Number of Shares
Beneficially Owned by
Each Reporting Person
With
5

Sole Voting Power

 

0

 

6

Shared Voting Power

 

134,659,188

 

7

Sole Dispositive Power

 

0

 

8

Shared Dispositive Power

 

134,659,188

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

134,659,188

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11

Percent of Class Represented by Amount in Row 9

 

83.9%

12

Type of Reporting Person

 

OO (Limited Liability Company)

 

 

 

 

CUSIP No. 80517M109 Schedule 13G Page 14 of 21

 

1

Names of Reporting Persons

Ares Partners Holdco LLC

 

2 Check the Appropriate Box if a Member of a Group (a) ¨
(b)
x
3

SEC Use Only

 

4

Citizenship or Place of Organization

Delaware

 

Number of Shares
Beneficially Owned by
Each Reporting Person
With
5

Sole Voting Power

 

0

 

6

Shared Voting Power

 

134,659,188

 

7

Sole Dispositive Power

 

0

 

8

Shared Dispositive Power

 

134,659,188

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

134,659,188

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11

Percent of Class Represented by Amount in Row 9

 

83.9%

12

Type of Reporting Person

 

OO (Limited Liability Company)

 

 

 

 

CUSIP No. 80517M109 Schedule 13G Page 15 of 21

 

ITEM 1.(a)  Name of Issuer:

 

Savers Value Village, Inc. (the “Issuer”).

 

(b)Address of Issuer’s Principal Executive Offices:

 

11400 S.E. 6th Street, Suite 125, Bellevue, WA 98004.

 

ITEM 2.(a) Name of Person Filing:

 

Each of the following is hereinafter individually referred to as a “Reporting Person” and collectively as the “Reporting Persons” or the “Ares Entities.” This statement is filed on behalf of:

 

ASSF IV AIV B Holdings III, L.P. (“ASSF IV AIV Holdings”)

ASSF IV AIV B, L.P. (“ASSF IV AIV”)

ASSF Operating Manager IV, L.P.

ASOF Holdings I, L.P. (“ASOF Holdings I”)

ASOF Investment Management LLC

Ares Corporate Opportunities Fund V, L.P. (“ACOF V”)

ACOF Investment Management LLC

Ares Management LLC

Ares Management Holdings L.P.

Ares Holdco LLC

Ares Management Corporation (“Ares Management”)

Ares Voting LLC

Ares Management GP LLC

Ares Partners Holdco LLC (“Ares Partners”)

 

(b)Address or Principal Business Office:

 

The principal business address of each of the Reporting Persons is c/o Ares Management LLC, 2000 Avenue of the Stars, 12th Floor, Los Angeles, CA 90067.

 

(c)Citizenship of each Reporting Person is:

 

The Reporting Persons are each organized under the laws of the State of Delaware.

 

(d)Title of Class of Securities:

 

Common stock, par value $0.000001 per share (“Common Stock”).

 

 

 

 

CUSIP No. 80517M109 Schedule 13G Page 16 of 21

 

(e)CUSIP Number:

 

80517M109

 

ITEM 3.

 

Not applicable.

 

ITEM 4.Ownership.

 

(a-c)

 

The ownership information presented below represents beneficial ownership of the shares of Common Stock as of December 31, 2023, based upon 160,452,633 shares of Common Stock outstanding as of November 6, 2023, as disclosed in the Issuer’s quarterly report on Form 10-Q, filed with the Securities and Exchange Commission on November 13, 2023.

 

Reporting Person  Amount
beneficially
owned
   Percent
of class:
   Sole
power
to vote
or to
direct
the vote:
   Shared
power to
vote or to
direct the
vote:
   Sole
power to
dispose or
to direct
the
disposition
of:
   Shared
power to
dispose or
to direct
the disposition
of:
 
ASSF IV AIV B Holdings III, L.P.   9,967,710    6.2%   0    9,967,710    0    9,967,710 
ASSF IV AIV B, L.P.   9,110,184    5.7%   0    9,110,184    0    9,110,184 
ASSF Operating Manager IV, L.P.   21,588,517    13.5%   0    21,588,517    0    21,588,517 
ASOF Holdings I, L.P.   37,388,017    23.3%   0    37,388,017    0    37,388,017 
ASOF Investment Management LLC   37,388,017    23.3%   0    37,388,017    0    37,388,017 
Ares Corporate Opportunities Fund V, L.P.   75,682,654    47.2%   0    75,682,654    0    75,682,654 
ACOF Investment Management LLC   75,682,654    47.2%   0    75,682,654    0    75,682,654 
Ares Management LLC   134,659,188    83.9%   0    134,659,188    0    134,659,188 
Ares Management Holdings L.P.   134,659,188    83.9%   0    134,659,188    0    134,659,188 
Ares Holdco LLC   134,659,188    83.9%   0    134,659,188    0    134,659,188 
Ares Management Corporation   134,659,188    83.9%   0    134,659,188    0    134,659,188 
Ares Voting LLC   134,659,188    83.9%   0    134,659,188    0    134,659,188 
Ares Management GP LLC   134,659,188    83.9%   0    134,659,188    0    134,659,188 
Ares Partners Holdco LLC   134,659,188    83.9%   0    134,659,188    0    134,659,188 

 

Includes 9,967,710 shares held by ASSF IV AIV Holdings, 9,110,184 shares held by ASSF IV AIV, 37,388,017 shares held by ASOF Holdings I and 75,682,654 shares held by ACOF V. Also includes 2,510,623 shares held by an account managed by ASSF Operating Manager IV, L.P. with respect to which the Ares Entities may be deemed to have shared voting or dispositive power.

 

Ares Partners is the sole member of each of Ares Voting LLC and Ares Management GP LLC, which are respectively the holders of the Class B and Class C common stock of Ares Management, which common stock allows them, collectively, to generally have the majority of the votes on any matter submitted to the stockholders of Ares Management if certain conditions are met.

 

 

 

 

CUSIP No. 80517M109 Schedule 13G Page 17 of 21

 

Ares Management is the sole member of Ares Holdco LLC, which is the general partner of Ares Management Holdings L.P., which is the sole member of Ares Management LLC, which is: (i) the sole member of ACOF Investment Management LLC, which is the manager of ACOF V; (ii) the general partner of ASSF Operating Manager IV, L.P., which is the manager of each of ASSF IV AIV Holdings and ASSF IV AIV; and (iii) the sole member of ASOF Investment Management LLC, which is the manager of ASOF Holdings I.

 

Each of the Ares Entities may be deemed to share beneficial ownership of the securities reported herein, but each disclaims any such beneficial ownership of securities not held of record by them. Ares Partners is managed by a board of managers, which is composed of Michael J Arougheti, Ryan Berry, R. Kipp deVeer, David B. Kaplan, Antony P. Ressler and Bennett Rosenthal (collectively, the “Board Members”). Mr. Ressler generally has veto authority over Board Members’ decisions. Each of these individuals disclaims beneficial ownership of the securities that may be deemed to be beneficially owned by Ares Partners.

 

ITEM 5.Ownership of Five Percent or Less of a Class.

 

Not applicable.

 

ITEM 6.Ownership of More than Five Percent on Behalf of Another Person.

 

Not applicable.

 

ITEM 7.Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

 

Not applicable.

 

ITEM 8.Identification and Classification of Members of the Group.

 

Not applicable.

 

ITEM 9.Notice of Dissolution of Group.

 

Not applicable.

 

ITEM 10.Certification.

 

Not applicable.

 

 

 

 

CUSIP No. 80517M109 Schedule 13G Page 18 of 21

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Date:   February 13, 2024

 

  ASSF IV AIV B Holdings III, L.P.
   
  By: ASSF Operating Manager IV, L.P., its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
     
  ASSF IV AIV B, L.P.
   
  By: ASSF Operating Manager IV, L.P., its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
     
  ASSF Operating Manager IV, L.P.
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
     
  ASOF Holdings I, L.P.
     
  By: ASOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
     
  ASOF Investment Management LLC
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory

 

 

 

 

 

CUSIP No. 80517M109 Schedule 13G Page 19 of 21

 

  Ares Corporate Opportunities Fund V, L.P.
   
  By: ACOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
     
  ACOF Investment Management LLC
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
     
  Ares Management LLC
     
  By: /s/ Anton Feingold
  Name: Anton Feingold
  Title: Authorized Signatory
     
     
  Ares Management Holdings L.P.
   
  By: Ares Holdco LLC, its general partner,
     
  By: /s/ Anton Feingold
  Name: Anton Feingold
  Title: Authorized Signatory
     
     
  Ares Holdco LLC
     
  By: /s/ Anton Feingold
  Name: Anton Feingold
  Title: Authorized Signatory
     
     
  Ares Management Corporation
     
  By: /s/ Anton Feingold
  Name: Anton Feingold
  Title: Authorized Signatory

 

 

 

 

CUSIP No. 80517M109 Schedule 13G Page 20 of 21

 

  Ares Voting LLC
     
  By: Ares Partners Holdco LLC, its sole member
     
  By: /s/ Anton Feingold
  Name: Anton Feingold
  Title: Authorized Signatory
     
     
  Ares Management GP LLC
     
  By: /s/ Anton Feingold
  Name: Anton Feingold
  Title: Authorized Signatory
     
     
  Ares Partners Holdco LLC
     
  By: /s/ Anton Feingold
  Name: Anton Feingold
  Title: Authorized Signatory

 

 

 

 

CUSIP No. 80517M109 Schedule 13G Page 21 of 21

 

LIST OF EXHIBITS

 

Exhibit No. Description
   
99 Joint Filing Agreement.

 

 

EX-99 2 tm245820d2_ex99.htm EXHIBIT 99

 

Exhibit 99

 

JOINT FILING AGREEMENT

 

In accordance with Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree that they are jointly filing this statement on Schedule 13G. Each of them is responsible for the timely filing of such statement and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate.

 

IN WITNESS WHEREOF, the undersigned hereby execute this Joint Filing Agreement as of the 13th day of February, 2023.

 

  ASSF IV AIV B Holdings III, L.P.
     
  By: ASSF Operating Manager IV, L.P., its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
     
  ASSF IV AIV B, L.P.
     
  By: ASSF Operating Manager IV, L.P., its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
  ASSF Operating Manager IV, L.P.
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory

 

 

 

 

  ASOF Holdings I, L.P.
     
  By: ASOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
     
  ASOF Investment Management LLC
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
     
  Ares Corporate Opportunities Fund V, L.P.
     
  By: ACOF Investment Management LLC, its manager
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
     
  ACOF Investment Management LLC
     
  By: /s/ Evan Hoole
  Name: Evan Hoole
  Title: Authorized Signatory
     
     
  Ares Management LLC
     
  By: /s/ Anton Feingold
  Name: Anton Feingold
  Title: Authorized Signatory
     
     
  Ares Management Holdings L.P.
     
  By: Ares Holdco LLC, its general partner,
     
  By: /s/ Anton Feingold
  Name: Anton Feingold
  Title: Authorized Signatory

 

 

 

 

  Ares Holdco LLC
     
  By: /s/ Anton Feingold
  Name: Anton Feingold
  Title: Authorized Signatory
     
     
  Ares Management Corporation
     
  By: /s/ Anton Feingold
  Name: Anton Feingold
  Title: Authorized Signatory
     
     
  Ares Voting LLC
     
  By: Ares Partners Holdco LLC, its sole member
     
  By: /s/ Anton Feingold
  Name: Anton Feingold
  Title: Authorized Signatory
     
     
  Ares Management GP LLC
     
  By: /s/ Anton Feingold
  Name: Anton Feingold
  Title: Authorized Signatory
     
     
  Ares Partners Holdco LLC
     
  By: /s/ Anton Feingold
  Name: Anton Feingold
  Title: Authorized Signatory