The Riverside Company completed the acquisition of Cloudpermit from Vaaka Partners.

The Riverside Company, a private equity firm, completed the acquisition of Cloudpermit, a community development software company, from Vaaka Partners, a private equity firm. Financial terms were not disclosed. "At Cloudpermit, we are committed to empowering local governments with our transformative community development platform, so we can drive positive change and improve citizen experience. We are confident that The Riverside Company is an excellent choice to support Cloudpermit as we achieve greater success and growth. This investment will enable us to broaden our impact, support countless forward-thinking communities, and provide cutting-edge technology to our clients," Jan Pawli, Cloudpermit CEO.