careers
167 Views

10 tips to keep your private equity career on track

Let’s say you’re an associate at a buyout shop, and you’re itching to move up the career ladder. How do you do it? How do you send that unmistakable, unspoken message to the partners that you’ll be one of them one day?

Riverside Co. Exits EM Test Group

The Riverside Company exited its investment in EM Test Group, selling the Swiss manufacturer and supplier of electromagnetic compatibility testing equipment to AMETEK Inc. for CHF83 million ($93.8 million). Riverside owned EM Test Group for roughly four years. The sale generated a 3.4x gross cash-on-cash return and a 38% gross IRR for the firm, Riverside said.

Riverside Acquires BioSan

The Riverside Company has acquired BioSan Laboratories, the maker of all natural whole food nutritional supplements, according to a press release issued by MHT Partners. MHT was an advisor on the transaction. Specifics of the deal were not publicized. BioSan is based in New Hampshire.

Riverside Acquires Courier Company Alliance1

Riverside Company, the Cleveland-based private equity firm, has a Nashville, Tenn.-based freight hauling company, Alliance1, to add to an existing platform company called Express Courier, also based in central Tennessee.  Both companies manage time-sensitive deliveries throughout the southeastern U.S. Terms of the transaction were not disclosed. PRESS RELEASE: The Riverside Company has added Alliance1 to its […]

Gen-Probe Pays $53M for GTI Diagnostics

Publicly traded Gen-Probe has paid $53 million in cash for GTI Diagnostics. Gen-Probe bought the company from private equity firm the Riverside Company. GTI has operations in Milwaukee and Waukesha, Wis., and manufactures the human leukocyte antigen antibody detection products. San Diego-based Gen-Probe is a specialty diagnostics company focused on the transplantation, blood bank and specialty coagulation markets.

Riverside Expects Year-End Deal Surge

The ever-prolific Riverside Company is expecting a flurry of deal activity by year end, according to Co-CEO Béla Szigethy.

Szigethy told Buyouts in an interview for an unrelated story that the firm expects to buy up to six new platform companies and put around $200 million of equity to work by year end.

Eric Keen Leaves Riverside Company for DW Healthcare Partners

Eric Keen has left left the Riverside Company, where he was VP, to join DW Healthcare Partners as a VP. PRESS RELEASE:  Park City, Utah,  September 20, 2010 – DW Healthcare Partners (DWHP), a healthcare focused private equity firm with over $250 million in committed capital under management, today announced that Mr. Eric Keen, former Vice President with […]

Riverside Sells CLC

The Riverside Company has sold Commonwealth Laminating & Coating Inc. to an “undisclosed group of investors.” No financial terms were disclosed, although Riverside said the deal produced a 10x cash-on-cash return. CLC is a Virginia-based maker and distributor of window film used for solar protection, aesthetics and security.

Veritext Switches Sponsors

The Riverside Company has sold Veritext Holding Co., a provider of deposition and litigation support services to law firms, to Investcorp. No financial terms were disclosed.

Riverside Co. Sells Entrix

The Riverside Co. has sold Houston-based environmental consultancy Entrix Inc. to Cardno Ltd. (ASX: CDD). No financial terms were disclosed, except that Riverside reports a 20% gross IRR and 2.8% gross cash-on-cash return.

Riverside Company Buys Japan’s NAKA & Co

The Riverside Co. has acquired NAKA & Co. Ltd., a Japanese maker of crystal oscillators and crystal units used for microwave backhaul equipment and base stations for mobile communications. No financial terms were disclosed.

Media Source Adds Library Publications

Media Source, a Plain City, Ohio-based acquisition platform sponsored by The Riverside Company, has acquired three library publications from Reed Business Information-US. They are: Library Journal, School Library Journal and Library Hotline Join Media Source. no financial terms were disclosed.

Riverside Co. Buys EMP Canada

Health and Safety Institute, an acquisition platform sponsored by The Riverside Company, has acquired EMP Canada Services Inc., a provider of CPR, EMT and occupational safety training materials and training programs. No financial terms were disclosed.

BC Partners Completes ATI Enterprises Purchase

BC Partners has completed its purchase of U.S. career training company ATI Enterprises from The Riverside Company and Primus Capital. The deal was valued at approximately $581 million, including around $250 million of assumed debt. www.aticareertraining.edu

BC Partners Buying ATI Enterprises from Riverside Company

(Reuters) – Private equity firm BC Partners is staking up to $331 million on strong growth in U.S. career training, buying Texas-based ATI Enterprises from middle-market rival The Riverside Company. BC will invest the money from its current fund, alongside roughly $250 million of debt, to buy ATI, which offers courses in subjects such as […]

PE HUB Community

Join the 12519 members of PE HUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget