Health & Safety Institute, a platform company of Riverside Co., acquired a health care app maker called GoToAID. Financial terms were not disclosed. Health & Safety Institute is a privately held emergency response training organization based in Eugene, Ore.
Health & Safety Institute (HSI), the world’s largest privately held emergency response training organization, has added GoToAID to its family of brands. GoToAID produces detailed emergency care instructions for download to smart phones and other electronic devices, including those from Apple and Android.
Riverside invested in Eugene, Oregon-based HSI in 2006, and the company has since grown to include the American Safety & Health Institute, MEDIC First Aid, 24-7 EMS, 24-7 Fire, EMP Canada, and First Safety Institute.
GoToAID offers a database of over 400 topics covering first aid for both people and pets and is currently available for the Android and iPhone operating systems. Customers can access downloads at the iTunes Store, Android Market or gotoaid.com.
“GoToAID brings a new technological synergy to the already-robust HSI brand portfolio,” said HSI CEO Bill Clendenen. “The addition of these digital resources is consistent with HSI’s mission to making learning to save lives easy by providing our instructors and training centers with industry-leading innovations to maximize instructional effectiveness.”
GoToAID represents a significant step in HSI’s commitment to digital leadership in the emergency care and safety training industry. Through the use of wide-reaching, easily available digital platforms, GoToAID offers a technology-driven solution for instructors and students seeking to expand their knowledge and reinforce retention of course material.
The Riverside deal team includes Fund Manager Loren Schlachet, Operating Partner Jeff Tobin, Principal Joe Lee, and Finance Director MaryAnne McClaren. Schlachet is excited about the growth potential for HSI delivered by the addition of GoToAID.
“GoToAID brings life-saving information to the palm of your hand,” said Schlachet. “Its user-friendly database has a wide range of first aid information on humans and pets. The offering adds value to HSI’s exceptional training offering, and provides the company with the strongest value proposition in the health and safety training industry.”
The Riverside Company (www.riversidecompany.com or www.riversideeurope.com)
The Riverside Company is a global private equity firm focused on acquiring growing enterprises valued at up to $200 million (€200 million in Europe). The firm partners with strong management teams and enhances its investments through acquisitions and organic growth. Since its founding in 1988, Riverside has invested in 239 transactions with a total enterprise value of more than $5.4 billion/€4.4 billion. The firm’s portfolio in North America, Europe and the Asia Pacific region includes 73 companies with roughly 14,000 employees. Riverside completes acquisitions smoothly thanks to $3.4 billion/€2.7 billion in assets under management, more than 195 professionals in 19 offices, and longstanding relationships with partner lenders.
Director of Marketing and Communications
The Riverside Company