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New Deal


Announced

HIG Capital to invest in Riveron.

Financials

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consulting services

Pending

Minority

Private

Private Equity

Management Consulting

Acquisition

Friendly

United States

Single Bidder

Synopsis

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HIG Capital, a leading global private equity investment firm, agreed to make a growth investment in Riveron, a national business advisory firm. Terms of the transaction, which is expected to close by the end of May, were not disclosed. HIG's investment will support Riveron’s plans to strengthen its existing capabilities and to continue growth in new geographies and new service lines, including the recently launched restructuring and tax advisory practices. Keval Patel, Managing Director at HIG, said, “Riveron has become a market-leading advisory firm that is known for its deep accounting and finance expertise and strong track record of helping clients maximize the value of strategic change. We have been extremely impressed with Riveron’s management team and the quality of their people, a testament to the strong and unique culture that underpins how Riveron approaches clients. We look forward to partnering with Landon and the entire management team to support Riveron’s continued growth.”

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