Apr. 05, 2022
Ariel Alternatives Completes Purchase of Majority Stake in Sorenson
SALT LAKE CITY, UTAH — Sorenson, the leading U.S. communications provider for people who are Deaf and hard-of-hearing, announced that private investment firm Ariel Alternatives, LLC has completed an acquisition of 52.5% of the company’s common equity from existing shareholders, including Blackstone Credit, a fund managed by Franklin Mutual Advisers, and private credit accounts managed by KKR at an enterprise