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New Deal


Announced

Completed

The Riverside Company completed the acquisition of LightHouse Business Information Solutions.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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outsourced IT services

Completed

Private

Friendly

Private Equity

Acquisition

Single Bidder

Domestic

United States

professional services

Majority

IT Services: Other

Synopsis

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The Riverside Company, a global private investor focused on the smaller end of the middle market, completed the acquisition of LightHouse Business Information Solutions, a provider of comprehensive outsourced IT services primarily to businesses across professional services, industrials, healthcare and non-profit verticals. Financial terms were not disclosed. "LightHouse aligns well with ProVelocity and IronEdge, offering similar one-stop-shop IT outsourcing services with excellent customer service. LightHouse is a natural fit across all aspects of the business. As a result of this investment, there is substantial opportunity for continued growth in New Mexico," Loren Schlachet, Riverside Managing Partner.

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