Announced
Completed
Financials
Sources
Tags
Completed
Software
equipment tracking
United States
Domestic
Single Bidder
Minority
software developer
Acquisition
Private Equity
Private
Friendly
Synopsis
The Riverside Company, a private equity firm, completed an investment in ToolWatch, a provider of tool and equipment tracking and operations management software. Financial terms were not disclosed. "I am thrilled about partnering with Riverside due to its focus on investing in growing companies to help make them even more successful. Riverside has an outstanding success rate with scaling companies and accelerating their growth. With Riverside on our side, we'll be able to improve our products faster and build out the capabilities needed by our clients in the construction, utilities, and oil & gas industries," Don Kafka, ToolWatch Founder and CEO.
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