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New Deal


Announced

Riverside Partners to acquire Red Nucleus from Renovus Capital Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Private Equity

United States

Acquisition

Pending

application software

Majority

Friendly

Private

Software

Synopsis

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Riverside Partners, a private equity firm, agreed to acquire Red Nucleus, a provider of full-service design and development of learning solutions for the life sciences industry, from Renovus Capital Partners, an American private equity firm. Financial terms were not disclosed. “Renovus has been an incredible partner to me and my business, and our success would not have been possible without their strategic advice and encouragement. I’m pleased that they have chosen to stay involved for the next evolution of the Company,” Ian Kelly, Red Nucleus founder and CEO.

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