Riverside Co. Buys Midnite Air Corp.

The Riverside Company has acquired Midnite Air Corp. Financial terms weren’t announced. Los Angeles-based Midnite Air provides third-party transportation and logistics services. Madison Capital and Bank of Montreal provided senior financing, while Babson Capital Management provided mezzanine financing.

Riverside Co. Buys CompuTaught

OnCourse Learning, which is backed by The Riverside Co., has acquired CompuTaught. Financial terms weren’t disclosed. US Bank provided financing for the deal. Atlanta-based CompuTaugh provides online training courses and print resources for real estate broker, appraisal, mortgage and home inspection licensing. PRESS RELEASE OnCourse Learning (OnCourse), a portfolio company of The Riverside Company has […]

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 and be led by Align CEO and President Butch Hofstetter. Both General Atlantic and Riverside will remain investors […]

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 July 2011. Previously, only firms with 15 funds or more were required to register.

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