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New Deal


Announced

Completed

The Riverside Company completed the investment in PeopleGrove.

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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Single Bidder

Friendly

Private

education services

education platform

United States

Education Services

Domestic

Private Equity

Completed

Acquisition

Minority

Synopsis

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The Riverside Company, a private equity form, completed the investment in PeopleGrove, a provider of career mentorship and alumni engagement software for higher education institutions. Financial terms were not disclosed. “PeopleGrove offers the preeminent career mentorship and alumni engagement software for higher education. The team has done a fantastic job of creating a robust, feature-rich product. We look forward to partnering with them as they enter the next chapter of growth," Loren Schlachet, Riverside Managing Partner.

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