Twitter LinkedIn
    Friday, January 27
    Login
    0 Shopping Cart
    Twitter LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»Deals»Riverside to sell ARCOS
    Deals

    Riverside to sell ARCOS

    March 18, 20211 Min Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    The Riverside Company, a private equity firm focused on the smaller end of the middle market, has signed a definitive agreement with Vista Equity Partners (Vista) to sell ARCOS, a specialist in resource management software for utilities, airlines and other critical infrastructure industries.

    The proposed transaction is expected to close in the second quarter of this year, subject to the satisfaction of customary closing conditions. Since 2005, ARCOS’ technology has helped hundreds of the largest utilities and airlines manage their crews and resources, especially in unplanned scenarios where resources are needed on short notice.

    “We are proud of the work we have done with ARCOS. During our partnership, we elevated the business with innovative products and expanded reach into new industries, helping essential workers perform their mission-critical work,” says Riverside Managing Partner Loren Schlachet. “We sourced and integrated two add-on acquisitions to broaden the software platform and positioned ARCOS to become a leading Software as a Service (SaaS) solution in North America, helping utilities respond, restore and report in real-time for critical events and emergencies even more quickly and efficiently.”

    Read More

    Source: Private Equity Wire

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    Deal PE Insider Private Equity
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    EQT Infrastructure acquires Madison Energy Investments

    December 22, 2022

    Euroclear moves into $9.8 trillion private asset market with Goji buy

    December 21, 2022

    Recent Rule Changes Spark New Wave of Private Equity Ownership in Pro Sports

    November 29, 2022

    CAI raises over $1B for inaugural fund and co-investment programme

    November 18, 2022

    Comments are closed.

    Other Articles

    Sequoia Capital India’s Surge invests $2M in sales engagement platform Outplay

    March 7, 2021

    Advent buys Italian dessert ingredients firm IRCA from Carlyle

    April 11, 2022

    Apex Group wins Perennial Partners’ mandate for new growth fund

    March 14, 2022

    Inflexion Weighs Sale of $2.7bn UK Fuel-Card Firm

    January 25, 2022

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    Twitter LinkedIn
    © 2023 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.


    Lost password?