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Ariel Alternatives acquires Groome Industrial Service Group

PRIVATESep 09, 2025

Acquiring Company

Ariel Alternatives

Acquired Company

Groome Industrial Service Group

New YorkDenvilleFinancial ServicesFinanceVenture CapitalAngel InvestmentFintechManufacturingEnergyOil And Gas

Description

Ariel Alternatives, LLC has completed the acquisition of Groome Industrial Service Group, broadening its reach into the energy and utility services sectors. This partnership aims to leverage Ariel's industry relationships for accelerated market growth. Groome, with over 55 years in specialized maintenance, will benefit from Ariel's support and resources. The deal is anticipated to enhance Groome's capabilities in meeting rising energy demands.

Quick answer

Ariel Alternatives is acquiring Groome Industrial Service Group, announced September 9, 2025. Ariel Alternatives is based in New York, New York, United States.

How much did Ariel Alternatives pay for Groome Industrial Service Group?
The deal value was not disclosed.
What does Ariel Alternatives do?
Ariel Alternatives, LLC is a private asset management firm affiliated with Ariel Investments, LLC.
Where are Ariel Alternatives and Groome Industrial Service Group based?
Ariel Alternatives is based in New York, New York, United States. Groome Industrial Service Group is based in Denville, New Jersey, United States.
Who are the decision-makers at Ariel Alternatives?
Fundz holds 1 contact at Ariel Alternatives. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Ariel Alternatives

Location

New York, New York, United States

About

Ariel Alternatives, LLC is a private asset management firm affiliated with Ariel Investments, LLC. Ariel Alternatives is an enterprise newly conceived for the times and built on a four decade-old foundation. The firm's first initiative, Project Black, is on a mission to scale sustainable, middle-market, minority-owned businesses and fuel Fortune 500 vendor diversity.

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Frequently asked

Who acquired Groome Industrial Service Group?

Groome Industrial Service Group was acquired by Ariel Alternatives, based in New York. The deal was reported on September 9, 2025. Ariel Alternatives, LLC is a private asset management firm affiliated with Ariel Investments, LLC. Ariel Alternatives is an enterprise newly conceived for the times and built on a four decade-old foundation. Ariel Alternatives is privately held and operates in Financial Services.

When did Ariel Alternatives acquire Groome Industrial Service Group?

Ariel Alternatives's acquisition of Groome Industrial Service Group was reported on September 9, 2025. Ariel Alternatives, LLC has completed the acquisition of Groome Industrial Service Group, broadening its reach into the energy and utility services sectors. This partnership aims to leverage Ariel's industry relationships for accelerated market growth. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Groome Industrial Service Group do?

Groome Industrial Service Group, with over 55 years of experience, delivers specialty maintenance solutions nationwide, including its patented KinetiClean system, catalyst emissions control, industrial cleaning, mechanical services, and industrial coatings. It is privately held, operating in Manufacturing, and is based in Denville.

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