Riverside acquired Applied Logic

The Riverside Company, a global private equity firm, has added Applied Logic, Inc., to its Censis Technologies platform.This acquisition supports Censis’ vision to remain the first-class choice for surgical inventory management software as well as promotes the platform’s strategy to expand product offerings. “Given the similarities between the two businesses, the combination of Censis and Applied Logic will create a very innovative offering. With its blue-chip customer base and compelling recurring revenue model, Applied Logic offered an attractive acquisition opportunity for Censis, and we are very pleased to complete this transaction.” Loren Schlachet, Riverside Managing Partner