The Riverside Company completed the investment in PeopleGrove.

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.