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New Deal


Announced

Completed

The Riverside Company-backed OutSolve completed the investment in Career Resources.

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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Domestic

Acquisition

Private Equity

United States

Minority

Friendly

Completed

Outsourced HR and Staffing

Private

Single Bidder

outsourced affirmative action plans

Synopsis

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The Riverside Company-backed OutSolve, a provider of outsourced, OFCCP compliant affirmative action plans, audit preparation services and compliance support, completed the investment in Career Resources, a provider of outsourced affirmative action plans and other federal contract compliance programs. Financial terms were not disclosed. “Since adding OutSolve to our portfolio, we have quickly completed four add-on acquisitions, demonstrating our commitment to M&A to add capabilities to the platform. This investment brings additional scale and strategic customers to OutSolve while CRI’s customers will gain access to additional services and capabilities,” Drew Flanigan, Riverside Capital Appreciate Fund Partner.

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