Riverside Partners

Riverside Partners is a private equity investment firm based in Boston, Massachusetts, founded in 1989. The firm specializes in investing in growing middle-market companies, primarily within the healthcare and technology sectors across North America. As a Registered Investment Adviser, Riverside Partners focuses on identifying and supporting businesses that demonstrate potential for expansion and innovation.

David Belluck

General Partner

Frank Do

General Partner

Patrick Dooling

Principal

Furlong, Patrick J.

Partner

Aakash Garg

Senior Associate

Jeff Goodman

Principal, Investment Team

Grace Hu

Associate

Kaplan, Steven F.

General Partner

William Karlson

Principal

Erin Kim

Associate

Maximilian Lee

Associate

Stephen Mattingly

Associate

Chintan Meher

Principal, Investment Team

Michelle Noon

General Partner

Max Osofsky

General Partner

David Del Papa

Partner

Andrew Perkins

Vice President

Rogers, Lloyd

Operating Partner

Craig Stern

General Partner

Sullivan CPA, Kevin

CFO and CCO

Brock Weber

Associate

Ben Wen

Associate

35 past transactions

UnisLink

Private Equity Round in 2022
UnisLink combines advanced technology with expert professional services to help healthcare organizations improve the About Unis Health patient experience while optimizing business efficiency. Their comprehensive range of modern technology offerings combined with a deep understanding of the healthcare landscape means they’re able to offer improvements to systems, technology and processes that are proven to have a direct and positive impact on the bottom line.

Sequoia

Private Equity Round in 2022
Sequoia is a biotech consulting group that offers leadership, guidance, and expertise, with sustained success and optimized efficiency, that provides the required network of resources and subject matter experts to build strong, enduring relationships with clients based on trust, hands-on hard work, and measurable results.

Convergence Networks

Venture Round in 2020
Convergence Networks is a managed IT service provider based in Portland, Oregon, together with its sister company Luminant Security, which provides managed cybersecurity services. With 20 years of success, it is focused on attracting talented and passionate people who work with their SMB clients as strategic partners to drive results. They offer a full spectrum of solutions covering cybersecurity, strategic planning, end use support, cloud, and hardware.

Convergence Networks

Acquisition in 2020
Convergence Networks is a managed IT service provider based in Portland, Oregon, together with its sister company Luminant Security, which provides managed cybersecurity services. With 20 years of success, it is focused on attracting talented and passionate people who work with their SMB clients as strategic partners to drive results. They offer a full spectrum of solutions covering cybersecurity, strategic planning, end use support, cloud, and hardware.

Syner G Pharma Consulting

Private Equity Round in 2020
Syner-G is a leading provider of customized science and risk-based CMC technical, regulatory, and compliance solutions and services, supporting pharmaceutical and biotechnology companies across the small molecule, large molecule, and cell and gene therapy products. With its high customer retention, Syner-G oversees all aspects of CMC technical, regulatory, and compliance services throughout the drug development process and post-commercialization.

3Play Media

Acquisition in 2019
3Play Media provides closed captioning, transcription, and audio description services to make video accessibility easy. They committed to making web video widely accessible, using technology and human expertise to deliver high-quality video accessibility services.

Veropath

Acquisition in 2018
Veropath provides Technology Expense Management (TEM) that can radically improve the management of landline, mobile and WAN communications to save enterprise organisations up to 30% of annual telecoms costs. It gives you the tools to monitor, measure and manage all aspects of service provision, giving you: 1. Internal reporting and billing that is both transparent and accurate; 2. Budgeting and forecasting at an extremely precise level; 3. Forecast savings validated against actuals achieved on a monthly basis; 4. Trend and impact analysis, including exception reporting; 5. The ability to analyse telecom usage to highlight billing errors and discrepancies, misuse of facilities, incorrect assignment of costs, and unnecessary expenditure; 6. Effective contract lifecycle management. Our cloud-based software platform runs on Microsoft Azure. It enables a level of accuracy and control over telecoms costs and services not previously possible. It has been specifically designed to: 1. Analyse network provider data at a transactional level; 2. Monitor multiple network provider billing platforms at the same time; 3. Bring clarity to data received from your network providers; 4. Dramatically improve information sharing across the business; 5. Feed constantly updated market knowledge against which to compare your telecoms provision. Veropath gives you visibility. Only then can you take control.

Calero

Acquisition in 2017
Whether you need help with Telecom, Mobility, SaaS, or a combination of them, manage it all in one place with the Calero.com solution. Our solution is designed to act as an extension of your team, helping you visualize, simplify, and optimize your entire technology suite.
MRA has been an industry leader since 1999, collecting the most difficult, labor intensive and time consuming reimbursements for their clients.

Openforce

Acquisition in 2015
Openforce is a technology-driven service that reduces operating costs and mitigates compliance risks for companies using independent contractors. It frees contracting companies from the burden of onboarding, contracting, and settlement processing while helping contractors build their business. Their cloud-based applications help businesses achieve more sustainable, profitable growth by removing financial, operational, and compliance barriers to getting business done.

R&D Altanova

Private Equity Round in 2015
R&D Altanova is the leading provider of full turn-key test interface solutions specializing in Advanced Technology Printed Circuit Board Engineering, Design, Fabrication, and Assembly and Manufacturing services. A family-owned and operated business for over forty years, R&D Circuits acquired Altanova in the fall of 2013 and changed the name to R&D Altanova. They have grown to four locations, with interface board manufacturing and their home base in South Plainfield, NJ and assembly and elastomer operations in Allentown, PA; signal integrity and engineering and design engineering and sales services in San Jose, CA and a regional repair and engineering and sales office in Hsinchu, Taiwan.

Loftware

Private Equity Round in 2014
Loftware is the global market leader in Enterprise Labeling Solutions with more than 5,000 customers in over 100 countries. Offering the industry’s most comprehensive labeling solution, Loftware’s enterprise software integrates SAP®, Oracle® and other enterprise applications to produce mission-critical barcode labels, documents, and RFID Smart tags across the supply chain. Loftware’s design, native print, and built-in business rules functionality drives topline revenue, increases customer satisfaction, and maximizes supply chain efficiency for customers. With over 25 years of industry leadership, Loftware’s enterprise labeling solutions and best practices enable leading companies to meet their customer-specific and regulatory requirements with unprecedented speed and agility. Loftware’s strategy is to be the global market leader across all industries in developing innovative, enterprise–class, mission–critical solutions utilizing their seamless application integration, intelligent data transformation, flexible label and document design and proven software. Loftware will grow and profit by making their customers and partners successful by delivering highly differentiated, compliant, easily integrated, reliable and scalable software products; coupled with the domain expertise of their team of services and support professionals.

AMCAD

Acquisition in 2013
AmCad is a full-service technology service and solutions provider for government agencies. Founded in 1986, AmCad partners with government in the development and implementation of “automating” technologies – specifically in the automation of public records. For over 20 years, AmCad's continued success has enabled the steady, controlled expansion of our customer base and our solution suite – while continuing to provide state-of-the-art, award-winning solutions. AmCad provides best-of-class integrated solutions for public records.

BioAgilytix Labs

Private Equity Round in 2013
BioAgilytix is a bioanalytical lab specializing in immunoassays and cell-based assays. Located in Research Triangle Park North Carolina, our growing team of highly dedicated individuals is driven by the desire to support the development of novel drugs and other scientific breakthroughs. By employing highly experienced scientists with deep, focused expertise in an engaging work environment, we are able to consistently exceed our customers’ expectations.

Stinger Medical

Venture Round in 2013
Stinger Medical healthcare service provider which manufactures mobile clinical workstations.

Allied Dental

Acquisition in 2012
Allied Dental is a dental services organization providing management services to dental practices in the Northeast and Mid-Atlantic. Allied Dental’s practices offer a range of services from basic exams and cleanings to specialty services, including pediatrics, endodontics, periodontics, orthodontics, and oral surgery.

ITC Global

Acquisition in 2011
ITC Global provides voice and data wide-area networking services to some of the largest and most well-known corporations and organizations around the globe. Their expertise spans a range of industries, including mining, maritime, energy, and NGO's.

Pilgrim Quality Solutions

Private Equity Round in 2011
Pilgrim Quality Solutions is a world-leading provider of Enterprise Risk, Compliance, and Quality Management software solutions for highly regulated industries. Pilgrim has pioneered effective, integrated software solutions for the Life Science industries, as well as manufacturers in the automotive, aerospace and defense, and other non-FDA regulated industries. Pilgrim’s reputation for excellence in innovation has attracted an impressive portfolio of global customers. More than a half-million end-users employ Pilgrim products every day to meet the diverse challenges of the world’s highly competitive marketplace. Pilgrim’s fully Web-based, integrated solutions help businesses centrally manage domestic and international operations to ensure product safety and compliance, reduce manufacturing costs and improve customer satisfaction.

Eliassen Group

Acquisition in 2011
Eliassen Group is a technology staffing company providing contract and direct-hire staffing solutions corporations and non-profits.

Dominion Diagnostics

Acquisition in 2010
Dominion Diagnostics, LLC, a medical laboratory, provides clinical quantitative urine drug testing, medication monitoring, and support services in the United States. The company provides services to clients in various medical specialties, including pain medicine, primary care, addiction treatment, behavioral health, psychiatry, and hospital systems. It offers laboratory testing services, such as customized profiles and reports for individual patient monitoring, clinical assistance in results interpretation, reagents and instruments, biological monitoring and adulteration testing, rapid results through multiple reporting avenues, long-term specimen storage, comprehensive medication monitoring, ongoing participation in quality control programs, and maintenance of records. The company also provides customer services, such as clinical services for results interpretation assistance, office support services, technology integration and electronic medical records, provider relations, and medico-legal services. Dominion Diagnostics was founded in 1997 and is based in North Kingstown, Rhode Island.

Welocalize

Private Equity Round in 2010
Welocalize provides next-generation translation supply chain management that delivers market-ready, translated content when and where you demand and at a higher output, a faster pace and an affordable price. We support organizations throughout the entire global content lifecycle, from authoring and product development, translation and quality assurance, to complete business process outsourcing and market validation. Welocalize is redefining the way translation services are managed and delivered in our industry. By replacing the task-oriented, client-vendor model with an integrated partnership that lasts throughout the translation supply chain, Welocalize provides clients with flexible, unique translation solutions that are predictable, scalable, and measurable, and result in increased global sales of their products and services. Welocalize was founded in 1997, and is a privately-held, venture-backed company. We have over 400 employees in 9 offices located in the UK, USA, Ireland, Germany, China and Japan. Our clients include 8 of the world's top 10 software and hardware companies.

ThinkLogical

Acquisition in 2010
Thinklogical is the worldwide leading designer and manufacturer of secure, high performance signal extension and switching systems, allowing Video-Rich Big Data to be accessed, transported, distributed, displayed and analyzed at the highest quality with no latency. It comprehensive product portfolio spans a wide range of trusted solutions from KVM (keyboard, video and mouse), audio and USB signal matrix switching and extension systems, to image processing and conversion products, to secure console server management and camera extension products.

FirstLight

Acquisition in 2010
FirstLight offers carrier and enterprise clients fiber-optic data, Internet, cloud, and phone services. SIP trunks, virtual PBX, data center services, Ethernet, dedicated Internet access, dark fiber, and traditional TDM solutions are just a few of the modern telecommunications products that FirstLight provides.

Vocollect

Venture Round in 2009
Vocollect offers interactive voice systems for warehouses and nursing homes.

IZI Medical Products

Acquisition in 2009
IZI Medical Products develops, manufactures, and sells medical products. The company offers indicator and multi-modality markers for CT; needle guides for CT-guided biopsies and pain management injections; one-time-use passive reflective and multi-modality fiducial markers for image-guided surgeries; Indicator radiopaque and radiolucent, and multi-modality markers for X-ray, CT, angiography, mammography, and fluoroscopy applications to identify masses, scar tissue, moles, birthmarks, nipples, or any point of interest; multi-modality markers for MRI, nuclear medicine, PET imaging, and image fusion applications; radiation therapy products; and prostate brachytherapy template grids and fiducial markers for urology applications. IZI Medical Products was established in 1993 in Owings Mills, Maryland.

HealthDrive Corporation

Acquisition in 2008
HealthDrive was founded in 1989 by medical professionals who saw the need for a higher level of on-site medical and dental services in long-term care facilities. Their founders began assembling specialty doctors, skilled providers and practitioners who were rated to be the best in their field. Since then, HealthDrive has grown to employ 120 medical and dental providers in over 1,000 facilities, serving more than 135,000 senior living residents around the nation. They understand the critical importance of good health and how it leads to a better quality of life. Their highly skilled on-site medical service providers not only deliver proactive healthcare to seniors in long-term care facilities, but deliver those services with the utmost care and empathy. HealthDrive provides long-term care residents with dental, optometry, podiatry and audiology services where they reside, bringing services to senior living facilities who partner with us. Learn more about what makes us a leading provider:

IPA

Acquisition in 2008
IPA provides solutions for the management and automation of healthcare linen and specialty uniforms. They design software and hardware solutions that allow monitoring and management of distribution processes while increasing staff satisfaction, reducing infection risks, and reducing costs.

MaxVision

Acquisition in 2007
Rugged Portable Computers, LLC is an employee owned small business located in Madison Alabama which has recently acquired the assets and trademarks of MaxVision Holding LLC, and while a completely independent and separate company from MaxVision, continues to market, manufacture and support the acquired product lines carrying the MaxVision, MaxPac, MaxCube and MaxRax registered trade names.
GEM specializes in manufacturing design-and-build, build to print custom equipment, contract manufacturing and CNC machining. GEM provides a broad spectrum of capabilities, technologies and methodologies in a lean manufacturing environment. Each project is carefully optimized to maximize value without compromising performance.

Quantum Medical Imaging

Acquisition in 2006
Quantum Medical Imaging, LLC is a highly innovative company that designs and manufactures high-quality medical radiographic systems.

NDS Surgical Imaging

Acquisition in 2006
NDS Surgical Imaging revolutionized the medical imaging industry with its development of the industry’s first Digital Signal Processing (DSP) technologies for Minimally Invasive Surgery (MIS) viewing applications in 1996. The company continues that tradition of innovation with technological and engineering advances serving the rapidly developing surgical markets. Those markets encompass a range of specific areas where NDSsi’s products are used, including endoscopy, image guided surgery, interventional medicine, and patient monitoring. NDSsi is the global leader in designing and manufacturing comprehensive medical imaging and video processing solutions for today’s operative and interventional suites. NDS Surgical Imaging’s success is a testimony to a proven track record of innovation and adoption by leading medical technology companies, hospitals and university medical centers worldwide. Its reputation for professional commitment and responsiveness to customers is unparalleled. Driven by technological innovation and real-time knowledge of medical imaging needs, NDSsi consistently raises the bar by staying ahead of the latest advancements in medical imaging technologies. NDS Surgical Imaging’s market leadership is built upon its unique ability to supply the medical profession with technologies that enable practitioners to integrate information from many sources, visualize a defect or condition within the body and to perform an intervention that improves the quality of care. NDSsi is located in Silicon Valley, with US-based manufacturing, R&D facilities and a strong global presence in more than 35 countries. The company recognizes that employees are a key value to its success. NDSsi is led by a seasoned management team with solid, quality engineering expertise in imaging technologies, and extensive industry backgrounds in healthcare technologies. NDSsi brings an in-depth understanding of the regulatory, compliance, and medical industry environment. The company is an FDA-registered and ISO-certified company with all products certified under the most stringent US, Asian, and European safety and environmental regulations.

Applied Precision, Inc.

Private Equity Round in 2002
Applied Precision, Inc. provides imaging, measurement, and analysis systems for the life sciences industries and OEM markets. The company offers microscopy imaging solutions to help scientists address disease-related questions for cellular and sub-cellular analyses. Its products include DeltaVision OMX Imaging System, a microscope system that offers super-resolution imaging using 3D structured illumination and localization microscopy techniques; DV Elite, a live cell microscopy imaging system that is designed to enhance the ability to look at more probes and samples over longer periods of time; and PersonalDV, an integrated hardware/software solution for live cell research needs. The company... Detailed Description

MicroCal

Acquisition in 1999
MicroCal is manufactures, and markets micro calorimeters. The company offers microcalorimetry systems and software for the collection, analysis, and presentation of calorimetric data.
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