Riverside acquires Helical Solutions as an add-on

The Riverside Company has acquired Helical Solutions as an add-on to its Harvey Tool platform. No financial terms were disclosed. Jones Day served as advisor to Riverside on the transaction while Antares Capital, Ares Capital Corporation, Golub Capital, Madison Capital Funding and Maranon Capital provided the funding. Base in Gorham, Maine, Helical Solutions is a maker of high-performance end mills.


Riverside invests in North American Dental Group

The Riverside Company has acquired a minority stake in North American Dental Group, a dental services provider. No financial terms were disclosed for the transaction in which ABRY Partners was the major backer. Jones Day advised Riverside on the deal.


GE Antares finances Riverside Co.’s buy of AWP

GE Antares, a unit of GE Capital, said Monday it is providing a $124.5 million loan to support The Riverside Company’s buy of Area Wide Protective. Kent, Ohio-based AWP provides temporary traffic management solutions to a variety of customers, including utilities, utility contractors and telecommunications companies.


Safebuilt invests in Independent Inspections

The Riverside Company said Monday that portfolio company, Safebuilt, has invested in Independent Inspections Inc. Financial terms weren’t announced. MidCap Financial provided financing. Waukesha, Wisconsin-based Independent Inspections provides outsourced building department services for local governments in Wisconsin, Illinois and Florida.


H-D Advanced buys Precision Aero

H-D Advanced Manufacturing Co. said Monday it acquired Precision Aero Corp., which makes high-precision machined products that are mostly used in the aerospace industry. Financial terms weren’t announced. The Riverside Company, Hicks Equity Partners and Weinberg Capital Group. formed H-D in 2012.


Riverside buys Sound Marketing Concepts

The Riverside Company has acquired Sound Marketing Concepts as an add-on to its Spectrio platform. No financial terms were disclosed. Based in Rowley, Massachusetts and Rocky Hill, Connecticut, SMS is a provider of on-hold marketing messaging services focused on the healthcare industry.


The Riverside Group invests in Brookson Group

The Riverside Company said Friday it invested in Brookson Group Limited. Financial terms weren’t announced. Warrington, U.K.-based Brookson provides tax management, invoicing, cash management and financial back office services for self-employed contractors and micro businesses. Grant Thornton provided financial advice to Riverside.


The Riverside Company buys Spectrio

The Riverside Company said Wednesday it has bought a majority stake in Spectrio from SJ Partners and other investors. Financial terms weren’t announced. Oldsmar, Fla.-based Spectrio provides on-hold messaging and digital signage managed services. BMO, NXT Capital and New Canaan provided financing for the transaction. Lazard Middle Market advised Spectrio.


Riverside Company’s second Asia-Pacific fund collects $235 mln

The Riverside Company said Wednesday that its second Asia-Pacific fund  closed at $235 million. This is a 57 percent increase over Riverside Asia-Pacific Fund II’s $150 million target. RAF II seeks to make control buyouts of companies with less than $15 million in EBITDA in the developed economies of the Asia-Pacific region.


Riverside invests in Harvey Tool Company

The Riverside Company has made an undisclosed investment in Harvey Tool Company. GE Antares Capital and Ares Capital Corp. provided financing for the transaction. Jones Day served as advisor to Riverside. Based in Rowley, Mass., Harvey is a provider of specialized cutting tools.


Riverside About Midway to $1.2B Goal For Fund VI

The Riverside Company has approached the midway point of its fundraising target for its sixth flagship buyout fund, a vehicle that is seeking as much as $1.5 billion, a source with knowledge of the Cleveland buyout shop’s activities told sister publication Buyouts.


Obama Misses Chance To Tout Job Growth

Though eager to show job creation during his term, President Barack Obama didn’t mention the SBIC program or the Small Business Administration that administers it in accepting the Democratic nomination for president last week.

One Call Now GEO Added to Riverside Platform

One Call Now’s Government Emergency Outreach clients are being added to Emergency Communications Network Inc.’s platform, a company operated by the Riverside Company. Kirkland & Ellis LLP advised Riverside on the deal. The deal is Riverside’s 11th transaction for 2012; specifics were not disclosed. PRESS RELEASE: Riverside Makes the Right Call With Latest Acquisition June […]

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