Riverside Company to buy Baker Hill

The Riverside Company said Tuesday it has agreed to buy Baker Hill, a division of Experian. Financial terms weren’t announced. Carmel, Indiana-based Baker Hill provides relationship management, credit-origination and risk-management solutions. Riverside said it plans to combine Baker Hill with portfolio company Database Marketing Agency Corp.


Riverside-backed BeneSys buys A&I Benefit Plan

BeneSys Inc., a portfolio company of The Riverside Company, has acquired A&I Benefit Plan Administrators. Financial terms weren’t announced. Portland-based A&I provides third-party administration for health and welfare and pension funds, as well as ancillary services such as COBRA and FSA administration. THL Credit and PNC provided financing for the transaction.


Riverside backs massage therapist service Soothe

The Riverside Company has provided $10.6 million in funding to Soothe. Jones Day, Littler, BDO and West Monroe Partners served as advisors to Riverside on the transaction. Based in Los Angeles, Soothe connects consumers with massage therapists.


Riverside invests in IPAR

The Riverside Company has made an undisclosed investment in IPAR Rehabilitation. Westpac provided debt financing for the transaction. Based in Melbourne, Australia, IPAR is a provider of occupational rehabilitation case management solutions.


Riverside promotes Tsang to partner

The Riverside Company has promoted Peter Tsang to partner. Tsang, who is based in the firm’s San Francisco office, joined the staff in 2004. His work background includes stints an an investment banking analyst at Houlihan Lokey Howard & Zukin and as a staff auditor at Ernst & Young.


PE-backed ActivStyle fetches funding from Garrison

ActivStyle, a portfolio company of The Riverside Company, has secured a credit facility from Garrison Investment Group. No financial terms were disclosed. Based in Minneapolis, ActivStyle is a provider of incontinence products.


PE-backed H-D buys FirstMark

H-D Advanced Manufacturing Company has acquired Firstmark Corp. Steen Associates Ltd. and Troutman Sanders LLP advised Firstmark on the transaction while TCW Direct Lending and PNC Business Credit provided financing for the deal. Based in Richmond, Virginia, Firstmark is a maker of components for the aerospace and defense industries. H-D is backed by The Riverside Company, Hicks Equity Partners and Weinberg Capital Group.


PE-backed Dwyer Group buys Service Brands International

Dwyer Group Inc, which is backed by The Riverside Company, has acquired Service Brands International. Based in Ann Arbor, Michigan, Service Brands International is a multi-franchise system that includes Molly Maid and Mr. Handyman. No financial terms were disclosed.


Riverside Company exits ECN

The Riverside Company has sold its stake in Emergency Communications Network (ECN) to Veritas Capital. Financial terms weren’t announced. Ormand Beach, Florida-based ECN provides a SaaS-based mass notification solution that allows government and commercial clients to communicate with constituents. William Blair advised on the transaction.


The Riverside Company invests in Area Wide Protective

The Riverside Company said Wednesday it invested in Area Wide Protective. Financial terms weren’t announced. Kent, Ohio-Area Wide provides temporary management solutions to customers including utilities, utility contractors, and telecommunications companies. GE Antares Capital, Madison Capital, NewStar Financial, and MidCap Financial provided senior debt financing and Audax Mezzanine provided mezzanine debt.


DW Healthcare exits Health & Safety Institute

DW Healthcare Partners said Tuesday it has sold its portfolio company, Health & Safety Institute Inc., to The Riverside Company. Financial terms weren’t announced. Eugene, Oregon-based Health & Safety is a for-profit health and safety training and compliance company. Harris Williams & Co. advised the company.


Riverside invests in HSI again

The Riverside Company is investing again in Health & Safety Institute. No financial terms were disclosed. Previously, Riverside invested in HSI and exited its stake in 2012. MidCap Financial, Maranon Capital and GCM Financial provided financing for the transaction while Jones Day advised Riverside. Based in Eugene, Oregon, HSI is a provider of healthcare and workplace safety training and compliance solutions.


Riverside Company adds-on C-Learning

The Riverside Company has added-on e-learning course developer C-Learning to its platform company Learning Seat. The investment will provide new technical capabilities, content development expertise and customers to Learning Seat, which provides online courses, training tools and other resources.


Riverside-backed Spectrio acquires MOHPlus

Spectrio, a portfolio company of The Riverside Company, has closed its buy of Message On Hold Plus. No financial terms were disclosed. Based in Greensboro, North Carolina, MOHPlus is a provider of on-hold marketing messaging.


Riverside acquires Chilton as an add-on

The Riverside Company has acquired food safety company Chilton Consulting Group as an add-on to its Alchemy Systems platform. No financial terms were disclosed. Jones Day and Deloitte advised Riverside on the transaction while Wells Fargo provided the financing.


Riverside and True North invest in Summit Environmental, also form IFS Group

The Riverside Company and True North Equity LLC have made an undisclosed investment in Summit Environmental Services, a provider of outsourced industrial cleaning, excavation and field services. Also, Riverside and True North have teamed up to launch IFS Group, a new platform holding company that will focus on providing industrial and field services that back power generation and process industries.

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