Ariel Alternatives

CQ fluency: Provides customized, tech-enabled and culturally relevant language services for healthcare and life sciences companies.

Front Line Power Construction provides electrical construction and power infrastructure solutions and announced its acquisition by Ariel Alternatives, with Cherokee Nation Businesses as a strategic minority co-investor.

Ariel Alternatives announced its acquisition of Groome Industrial Service Group from Argosy Private Equity. JPMorgan Chase & Co. made a minority co-investment through its asset management division.

Front Line Infrastructure Services appointed Matthew (Matt) G. Simmons as Chief Executive Officer.

Ariel says links on the site may direct users to third-party websites and that it does not control or endorse their content, privacy practices, policies, activities, products, or services.

Carlos is Chief Financial Officer of Ariel Investments and affiliated entities, including Ariel Alternatives and Project Level. He oversees financial functions and serves on Ariel’s Operating Committee and chairs valuation committees for Ariel Alternatives and Project Level.

Jack is responsible for investment sourcing and execution, due diligence, portfolio management, and value creation. Jack previously held roles at Sunstone Partners, Gryphon Investors, Pamplona TMT, Great Hill Partners, and Bank of America Merrill Lynch.

Board member: Cloudflare, Inc., Toast, Inc., and Workday, Inc.

Norman Walters, Vice President, Ariel Alternatives, LLC, is responsible for sourcing and executing investment opportunities, conducting due diligence, and managing portfolio companies.

* Tier 1 suppliers provide parts and materials directly to a Fortune 500 company.

Ariel Alternatives is a private asset management firm affiliated with Ariel Investments, LLC.

Ariel Alternatives says its binding User Agreement governs access to and use of its website.

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

Sep 2025 · SHOPPE BLACKNews article

Ariel Alternatives acquires Groome Industrial Service from Argosy. The deal comes as utility and industrial services companies have traded at elevated multiples over the past couple of years, with many PE-backed platforms fetching 13–20x EBITDA.

Sep 2025 · PE HubNews article

Ariel Alternatives, founded by Mellody Hobson and John W. Rogers Jr., acquires a majority stake in My Code, a multicultural media and advertising company.

Dec 2023 · AfroTechNews article

Ariel Alternatives, created by Mellody Hobson and Leslie A. Brun, closes its inaugural Project Black fund to scale minority enterprises. The article text says the fund closed at $1.4 billion, while the headline reports $1.45 billion in commitments.

Feb 2023 · AfroTechNews article