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New Deal


Announced

Completed

The Riverside Company completed the investment in Soluta BCBA.

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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Minority

insurance technology

insurance software

Software

Private

Domestic

United States

Acquisition

Completed

Friendly

Single Bidder

Private Equity

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 Soluta BCBA, a provider software and tech-enabled business services to insurance carriers, insurance brokers, agents and employer groups nationwide. Financial terms were not disclosed. "This company has an experienced, savvy and talented leadership team that has a deep understanding of this complex industry. We look forward to leveraging our deep experience in healthcare technology investing to partner with management and help take Soluta BCBA to its next chapter of growth," Peter Tsang, Riverside Co-CIO.

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