Tag: purchase

Ariel Alternatives, LLC completes purchase of majority stake in Sorenson

Sorenson, the leading U.S. communications provider for people who are Deaf and hard-of-hearing, announced today 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.

Private equity firm eyes RWS takeover

Confirmation that private equity firm Baring Private Equity Asia Fund VIII (BPEA) is eyeing a takeover of translation and localization juggernaut RWS sent the stock market into a tizzy Thursday.