Riverside-Backed Altius Acquires Nabenet

The Riverside Company Invests in Altius Group Holdings

January 21, 2021

Healthcare Services

The Riverside Company has agreed to make an investment in Altius Group Holdings (Altius), an Australian provider of allied health and workplace rehabilitation services led by founder Derick Borean. Riverside will partner with the Altius team to expand the company's geographic footprint across Australia and broaden its physical and psychological health and wellbeing services to corporate, government and NDIS clients.

The Riverside Company Acquires Red Nucleus from Renovus Capital Partners

March 24, 2020

Education

The Riverside Company has acquired Red Nucleus Enterprises, LLC, a Yardley, Pennsylvania-based provider of digital learning and regulatory compliance services for the life sciences industry. Renovus Capital Partners sold the company to Riverside but retained a minority equity stake and will continue to support future growth; Riverside plans to expand Red Nucleus's training offerings, technology capabilities and pursue add-on acquisitions.

Avanade Acquires Altius

March 9, 2020

Data & Analytics

Avanade has acquired London-based Altius, a provider of data performance management and AI solutions on the Microsoft platform, to strengthen its data, AI and managed services capabilities. Altius, which has offices in the Netherlands and India and employs 300+ cloud and data specialists, was a portfolio company of MML Capital Partners, which exited its investment. Financial terms were not disclosed.

Novo Integrated Sciences / Novo Healthnet Acquire Acenzia Inc.

June 29, 2021

Pharmaceuticals

Novo Integrated Sciences, through its wholly owned subsidiary Novo Healthnet Limited, completed the acquisition of Acenzia Inc., a Windsor, Ontario-based nutraceutical manufacturer and diagnostics developer. The all-share transaction closed on June 24, 2021 and is valued at $14,884,039; Novo said the purchase will give it direct control of development, manufacturing and distribution of wellness products and personalized diagnostics.

Executive Home Care (Riverside) Acquires Assisted Living Locators

September 8, 2022

Healthcare Services

Executive Home Care, backed by The Riverside Company, has acquired Assisted Living Locators, a Scottsdale-based senior living placement franchisor with more than 140 franchises. The add-on strengthens Executive Home Care's senior care offering by adding nationwide senior living advisory and placement capabilities and supports planned franchise growth and marketing investments.

Momentum (Riverside) Acquires B+N Industries

October 16, 2025

Building Products

The Riverside Company has invested in B+N Industries as an add-on to its portfolio company Momentum (Momentum Textiles & Wallcovering). The deal combines B+N's architectural panels, modular systems and shelving products with Momentum's contract textiles and wallcoverings to create a broader commercial interiors platform serving corporate, hospitality, healthcare and national account programs.