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Ariel Alternatives

Ariel Alternatives

Private equity firm taking majority stakes in B2B services companies and scaling them into Fortune 500 suppliers through demand aggregation.

New York, NY, US🇺🇸
Founded
2021
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Latest News About Ariel Alternatives

Ariel Alternatives Acquires Groome Industrial Service Group

SHOPPE BLACK

Ariel Alternatives Acquires Groome Industrial Service Group

Ariel Alternatives has announced the acquisition of Groome Industrial Service Group, a provider of maintenance and cleaning services

Sep 12, 2025

Exclusive: Ariel Alternatives acquires Groome Industrial Service from Argosy

PE Hub

Exclusive: Ariel Alternatives acquires Groome Industrial Service from Argosy

Utility and industrial services companies have traded at elevated multiples over the past couple of years, with many PE-backed platforms...

Sep 9, 2025

Mellody Hobson's Ariel Alternatives Buys Majority Stake In Multicultural Media And Advertising Company My Code

AfroTech

Mellody Hobson's Ariel Alternatives Buys Majority Stake In Multicultural Media And Advertising Company My Code

Ariel Alternatives, founded by Mellody Hobson and John W. Rogers Jr., has acquired a majority stake in My Code.

Dec 5, 2023

Mellody Hobson's Ariel Alternatives Receives $1.45B In Commitments For Inaugural 'Project Black' Fund

AfroTech

Mellody Hobson's Ariel Alternatives Receives $1.45B In Commitments For Inaugural 'Project Black' Fund

Ariel Alternatives, created by Mellody Hobson and Leslie A. Brun, closed a $1.4 billion fund to scale minority enterprises.

Feb 2, 2023

Ariel Investments Introduces First Private Investment Initiative, Ariel Alternatives

NAIC

Ariel Investments Introduces First Private Investment Initiative, Ariel Alternatives

Chicago, IL (February 17, 2021) - Ariel Investments, LLC ("Ariel") today announced the launch of Ariel Alternatives, LLC ("Ariel...

Feb 25, 2021