Apio Buys GreenLine from Riverside Co.
The Riverside Co. has sold GreenLine Foods to Apio. Financial terms weren’t announced. The deal closed on April 23. GreenLine provides packaged green beans in North America. Apio is a unit of Landec Corp. Glenn Gurtcheff, Tim Alexander, Jeff Cleveland and Brant Cash of Harris Williams advised GreenLine in the sale. PRESS RELEASE Harris Williams...
Align Network Merges with Universal SmartComp
Align Networks, which is backed by General Atlantic, is merging with Universal SmartComp, which is a portfolio company of The Riverside Co. Financial terms weren’t disclosed. The combined company will operate under the Align Networks brand name a...
Riverside Co. Promotes 25 Employees; Koeppen Named Managing Partner
The Riverside Co. said Thursday it has promoted 25 employees, including Kai Koeppen to managing partner. Chris Jones, of the Cleveland office, was made a partner for the Riverside Capital Appreciation Fund while Anne Hayes, of New York, was also named a partner for capital markets.
Riverside Co.’s DuBois Does Add-on Deal
The Riverside Company added Mitco Inc. to its DuBois Chemicals asset. Based in Grand Rapids, Michigan, Mitco is the third add-on acquisition for Cincinnati, Ohio-based DuBois. Riverside partnered with KeyBank (as Agent), U.S. Bank and TriState Capital Bank who provided all of the financing for the transaction. Jones Day provided legal counsel on the deal....
Riverside Co. Invests in G&H Wire Co.
The Riverside Co. has invested in G&H Wire Co. Financial terms were not announced. Franklin, Ind.-based G&H makes and supplies orthodontic products. Riverside Co. is a PE firm.
Healthcare M&A Get Strong Prognosis
Healthcare has seen a spate of PE-backed deals this week, and sector deal volume is expected to keep rising.
On Friday, THL Partners said it was buying Intermedix, a provider of emergency billing services, from Parthenon Capital Partners. Water Street Healthcare Partners also announced its purchase of Medical Specialties Distributors. Other recent examples
Riverside: Registration Regs Could Be A Burden To Some
The new federal reform bill could create a burden for smaller private equity firms that are required to register with the SEC, says executives of The Riverside Co.
The Dodd-Frank bill, signed into law last week, requires that private equity firms, with $150 million or more in capital, register with the SEC no later than...
