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New Deal


Announced

Completed

The Riverside Company completed the investment in Presence.

Financials

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

Tags

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Private Equity

Friendly

Single Bidder

Software

campus engagement

Acquisition

Completed

Private

Majority

Domestic

United States

Synopsis

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The Riverside Company, a global private investor focused on the smaller end of the middle market, completed the investment in Presence, a campus engagement and learning platform. Financial terms were not disclosed. "We are very pleased to complete this add-on to our Modern Campus platform, another example of Riverside’s commitment to fostering long-term growth in our portfolio companies. This acquisition further enhances the suite of products and services Modern Campus provides to higher education institutions, helping them actively support the learner-to-earner student lifecycle," Loren Schlachet, Riverside Managing Partner.

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