MentorcliQ Acquires River Software

MentorcliQ Secures Over $80M Growth Investment from PSG

March 9, 2023

Cloud & SaaS

MentorcliQ, an employee mentoring software provider headquartered in Columbus, Ohio, received a strategic growth investment of more than $80 million led by growth equity firm PSG, with participation from existing investors Rev1 Ventures and Plymouth Growth. The funding will support product innovation, expansion of Diversity, Equity & Inclusion offerings, and team growth as MentorcliQ scales its enterprise mentoring platform.

MentorcliQ Acquires Diverst

November 28, 2023

Software

MentorcliQ, a Columbus-based employee mentoring software leader, has acquired Diverst, a Montreal-based ERG (Employee Resource Group) management software pioneer founded by Andre Laurin and Toki Toguri. The acquisition brings ERG management and mentoring together under MentorcliQ to expand its DEI product capabilities and streamline customers' HR technology stacks; Diverst will operate as a wholly owned subsidiary. This is MentorcliQ's first acquisition since receiving an $80 million growth investment from PSG earlier in 2023.

Pearl Meyer Acquires The River Group

September 20, 2023

Consulting

Pearl Meyer has acquired The River Group, a boutique consultancy that provides executive assessment, coaching, succession planning and organizational-design services to CEOs and executive teams. The acquisition expands Pearl Meyer’s leadership practice and deepens its capabilities in executive development and organizational effectiveness.

Riveron Acquires Clermont Partners

June 30, 2022

Consulting

Riveron, a national business advisory firm and portfolio company of H.I.G. Capital, has acquired Clermont Partners, a women‑owned ESG, investor relations, and strategic communications consultancy. The acquisition (terms not disclosed) adds a 35‑person team across Chicago and Washington, D.C., and expands Riveron's ESG and investor relations capabilities by creating a new ESG and Strategic Communications practice.

Cerberus Affiliate Acquires Majority Stake in Red River Technology

June 1, 2021

IT Services

An affiliate of Cerberus Capital Management acquired a majority stake in Red River Technology from a group that included the company’s founding shareholders and Acacia Partners. The partnership will support Red River’s investments in capabilities and strategic acquisitions to expand its technology and managed services offerings for government and commercial customers.

Kohlberg & Company Acquires Riveron from H.I.G. Capital

June 9, 2023

Consulting

Affiliates of Kohlberg & Company have agreed to acquire Riveron, a national business advisory firm, from H.I.G. Capital. H.I.G. will retain a minority stake and a significant portion of Riveron's employees will hold equity; the deal is intended to accelerate Riveron's capability and geographic expansion to support further growth.