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New Deal


Announced

Completed

Ariel Alternatives completed the acquisition of a 58.5% stake in My Code from Falfurrias Capital Partners for $235m.

Financials

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Transaction Value£184m
Consideration TypeCash
Capital Owned-
Capital Bid For59%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Private Equity

Domestic

Friendly

marketing services

Media Agencies

Acquisition

Majority

Private

Single Bidder

Completed

Synopsis

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Ariel Alternatives, a private investment firm, completed the acquisition of a 58.5% stake in My Code, a multicultural media and marketing services company, from Falfurrias Capital Partners, a private equity firm for $235m. "We are exceptionally proud of the partnerships My Code has built over the last eight years with the many brands, creators, and publishers who have put their trust in our Company. We are humbled that Ariel Alternatives sees our growth potential as well. With a new investment partner by our side, we look forward to working with both new and existing clients to help them understand, embrace, and reach the underrepresented communities driving economic growth in our country," Parker Morse, My Code Founder and CEO.

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