The Riverside Company has sold BeneSys.

The Riverside Company, a global private equity firm, has sold BeneSys, a provider of third-party administration services. "It was a pleasure working with such a strong management team, and we very much benefitted from the company’s leadership position in its industry. A key to our success was an aggressive approach to strategic add-ons. During our hold, we doubled the size of the company, both organically and through three bolt-on acquisitions.” Loren Schlachet, Riverside Managing Partner