Ariel Alternatives (Project Black) Acquires Majority Stake in My Code

Ariel Alternatives Acquires Majority Stake in Sorenson

April 4, 2022

Telecommunications

Ariel Alternatives, LLC has acquired a 52.5% majority stake in Sorenson at an enterprise valuation of $1.3 billion, with existing shareholders (including Blackstone Credit, a Franklin Mutual Advisers fund, and private credit accounts managed by KKR) retaining minority stakes. The investment will support expansion of Sorenson's accessible communication products and platforms for Deaf and hard-of-hearing communities globally, while bringing new leadership and board expertise to accelerate product, security, and regulatory capabilities.

My Code Acquires Majority Stake in Impremedia

May 10, 2022

Media & Entertainment

My Code acquired a majority ownership interest in Impremedia, the leading Spanish-language news and lifestyle company in the United States, bringing Impremedia's print and digital brands (including La Opinión and El Diario) into My Code's multicultural media platform. The deal aims to expand My Code's reach into U.S. Hispanic audiences, strengthen content and first-party data capabilities, and accelerate digital growth across local and national Spanish-language outlets.

Falfurrias Capital Partners Invests in H Code

August 31, 2021

Marketing & Advertising

Falfurrias Capital Partners has made a growth capital investment in H Code, the largest multicultural digital media company in the U.S., to help scale the company’s content studio, publisher network, and intelligence center. As part of the investment, Falfurrias executive Alexander Jutkowitz will join H Code as Executive Chairman and Ad Council CEO Lisa Sherman will join the board; Canaccord Genuity served as financial advisor to H Code.

My Code Acquires Veranda Entertainment to Bolster Hispanic CTV Advertising

November 1, 2022

Media & Entertainment

My Code has completed the acquisition of Veranda Entertainment, a distributor of Spanish‑language and multicultural film and TV content across Connected TV platforms. The deal adds Veranda’s AVOD channels (including Butaca TV, Oro TV, Saborear TV and Judge Faith) and library to My Code’s multicultural media portfolio, giving advertisers direct access to Hispanic CTV inventory.

Capital A Acquires Majority Stake in AB Software & Consultancy BV

March 14, 2023

IT Services

Capital A (an investment company) has acquired a majority stake in AB Software & Consultancy BV, an ERP implementation partner and software developer serving the manufacturing sector in the Netherlands. The investment will support AB's organic growth and a buy-and-build strategy to expand its portfolio of services and products; AB has about four locations in the Netherlands and roughly 80 employees.

Cerberus Capital Management Acquires Source Code Holdings

August 2, 2021

IT Services

Cerberus Capital Management has acquired Source Code Holdings from affiliates of JMC Capital Partners. Source Code, a Milford, Massachusetts-based provider of high-performance computing hardware, edge computing solutions, and IT managed services, will continue to be led by founder and CEO Arthur Ataie as Cerberus invests to scale the company’s engineering, edge-to-cloud capabilities and expand into new geographies and verticals.