Riverside Likes The Sound of Latest Add-On
Cleveland, Ohio (PRWEB) January 21, 2016 -- The Riverside Company has completed the fourth add-on to its Spectrio platform with an investment in TMS Audio Productions (TMS) of Jefferson City, Missouri. TMS provides on-hold and messaging and marketing services for more than 400 customers, primarily in the healthcare and financial industries.
“We’re excited about adding TMS to Spectrio’s growing customer base, and this transaction provides access to Spectrio’s broader product and service line for existing TMS customers,” said Riverside Partner Peter Tsang.
Spectrio has grown nicely since Riverside’s acquisition in 2014, and the firm continues to explore avenues for growth both organically and through add-on acquisitions.
Spectrio is a national provider of on-hold messaging and digital signage managed services that allow clients to deliver targeted marketing messages in a variety of ways. Spectrio clients get a comprehensive offering that includes content creation, professional production of audio or visual content, installation, and network management services.
Working with Tsang on the transaction for Riverside were Partner Chris Jones, Senior Associate Max Moehlmann, Associate Linda Xu and Operating Partner George Benson. Scott Gilbertson sourced the acquisition for Riverside.
About The Riverside Company
The Riverside Company is a global private equity firm focused on making control and non-control investments in growing businesses valued at up to $300 million. Since its founding in 1988, Riverside has invested in more than 410 transactions. The firm’s international portfolio includes more than 80 companies.
Graham Hearns, The Riverside Company, +1 (216) 535-2221, [email protected]
Share this article