Riverside Does Its Homework, Finds Great Partner in n2y
Cleveland, Ohio (PRWEB) July 19, 2016 -- The Riverside Company has invested in n2y LLC, a leading developer of education curricula and teaching materials for K-12 students with special needs. Based in Huron, Ohio, n2y offers its products to teachers and school administrators through a cloud-based subscription platform.
n2y’s core products include Unique Learning System, a standards-based curriculum program designed specifically for students with special needs; news-2-you, a weekly current events newspaper; and SymbolStix, a symbol-based language used in learning materials. The company’s products improve student performance, teacher efficiency, school compliance, and parent satisfaction by providing a highly customizable and easy-to-use solution.
“n2y has thrived largely through word-of-mouth referrals based on the strength and breadth of its high-quality offerings,” said Riverside Partner Peter Tsang. “They are the only company offering a full gamut of products designed specifically for the special education market, and their proprietary symbols-based language and lessons keep students engaged and learning.”
n2y was founded in 1997, and Riverside will work with the management team to continue to deepen and expand the customer base, add complementary new products, enhance teacher training and development efforts, and pursue strategic add-on opportunities.
“Riverside has invested in 55 education and training companies,” said Tsang. “We’ll leverage our education advisors and resources to help support management’s growth plan. n2y already has a passionate team, outstanding foundation and proven suite of products, so we’re eager to get started.”
Working on the transaction with Tsang for Riverside were Vice President Drew Flanigan, Senior Associate Chase Eckert, Associate Ming Yau and Operating Partner Dave Powell. Origination Principal Amy Margolis and Associate Director Cheryl Strom sourced the deal for the firm, while Anne Hayes led financing efforts.
Jones Day (legal) advised Riverside on the transaction. Madison Capital and New Canaan provided funding for the deal. Western Reserve Partners and Desilva+Phillips represented the founding family in the sale.
About The Riverside Company
The Riverside Company is a global private equity firm focused on acquiring and investing in growing businesses valued at up to $400 million. Since its founding in 1988, Riverside has invested in more than 430 transactions. The firm’s international portfolio includes more than 80 companies.
Graham Hearns, The Riverside Company, +1 (216) 535-2221, [email protected]
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