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Synopsis
The Riverside Company, a global investment firm focused on the smaller end of the middle market, completed an investment in Contruent, an Illinois-based provider of lifecycle cost management software for owners of large capital assets and their contractors. Financial terms were not disclosed. "We see a significant opportunity to accelerate growth by investing in product development, expanding sales and marketing and pursuing select add-on investments," Loren Schlachet, Riverside Managing Partner.
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