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

Ariel Alternatives Acquires Front Line Power Construction

February 18, 2026

Industrial Services

Ariel Alternatives has acquired Front Line Power Construction, an electrical construction and power infrastructure services provider. Cherokee Nation Businesses will co-invest as a strategic minority partner, with the partnership intended to meet rising demand for electrical grid improvements across Texas. Financial terms were not disclosed.

Mérieux Equity Partners Takes Significant Minority Stake in Health in Code

February 12, 2026

Healthcare Services

Mérieux Equity Partners, via its buyout fund Mérieux Participations 4 (MP4), has made an investment in Health in Code (HiC) for a significant minority stake. The deal is intended to support and accelerate HiC’s next phase of growth and international expansion.

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.

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.

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.

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.