TruHearing has announced it has completed a private equity transaction with Sorenson Capital. Sorenson Capital acquired a "significant minority stake" in TruHearing in late December.
TruHearing, headquartered in West Jordan, Utah, provides discounts through contracted health plans and enrolled employer groups for hearing aid sales and professional services at selected hearing care providers.
Sorenson Capital, headquartered in Salt Lake City, Utah, provides small to middle-market buyout and growth equity investments, with a particular focus on opportunities in selected states in the Mountain and Western regions of the United States.
Sorenson Capital is managed and controlled by West Rim Capital, which is also headquartered in Salt Lake City.