HKW Acquires CIS Secure Computing; Riverside Makes Minority Investment

CIS Secure Acquires Intrepid Solutions and Services

August 3, 2022

Cybersecurity

HKW portfolio company CIS Secure Computing, Inc. acquired Intrepid Solutions and Services, LLC to expand its information technology modernization, data analysis/cybersecurity, and intelligence training capabilities for defense and intelligence customers. The deal, announced August 3, 2022, creates a vertically integrated organization combining CIS Secure's secure collaboration and tactical communications technology with Intrepid's services expertise; financial terms were not disclosed.

HKW (with Riverside) Acquires CMIT Solutions and HTW

April 18, 2023

IT Services

Indianapolis-based private equity firm HKW acquired CMIT Solutions LLC, a franchisor of IT managed services, and HTW, CMIT's largest franchisee; The Riverside Company’s Strategic Capital Fund partnered with HKW on the investment. The deal (terms undisclosed) transitions ownership from Craftsman Capital and positions CMIT/HTW to scale centralized fulfillment, expand hospitality-focused IT and cybersecurity services, and pursue systemwide revenue growth to $200 million by 2028.

Kiwa Acquires Stake in Hudson Cybertec

May 5, 2021

Cybersecurity

Kiwa Group has acquired a stake in Hudson Cybertec, a The Hague–based specialist in cybersecurity for Industrial Automation & Control Systems (IACS). The strategic move combines Kiwa’s global testing, inspection and certification capabilities with Hudson Cybertec’s OT/ICS cyber expertise to expand Kiwa’s cybersecurity services and accelerate Hudson Cybertec’s growth.

Riverside Research Acquires Cog Systems

March 3, 2025

Cybersecurity

Riverside Research, a U.S. national security nonprofit, has acquired Cog Systems, a developer of secure virtualization and cryptographic solutions for mobile and IoT devices. The acquisition strengthens Riverside Research's cyber resilience and hardware-backed secure-computing capabilities to accelerate delivery of defense-grade, end-to-end security solutions for government and mission-critical customers.

The Riverside Company Invests in Kaseware

April 10, 2024

Software

The Riverside Company’s Micro-Cap Fund has made a growth investment in Kaseware, a Denver-based provider of cloud-based investigation and case management software for public safety agencies and corporations. Riverside said the capital will be used to accelerate product development, expand customer support and drive geographic expansion.

Computer Services, Inc. Acquires Hawthorn River

December 18, 2023

Software

Computer Services, Inc. (CSI) has acquired Hawthorn River, a St. Louis-based provider of a single-platform loan origination system (LOS), to add purpose-built lending capabilities to CSI’s end-to-end banking software platform. The deal follows a prior commercial partnership and is intended to strengthen CSI’s loan origination functionality for community and regional banks while enabling distribution to non-CSI banks via channel partnerships and API integrations.