Riverside makes minority investment in CIS Secure Computing
Summary
The Riverside Strategic Capital Fund (RSCF) partnered with HKW, an Indianapolis-based private equity firm with experience in the technology and federal government contracting space, in connection with this investment. The company provides a broad portfolio of retrofitted Voice over Internet Protocol (VoIP) phones, laptops, USB disconnects and conference equipment, along with software that secures OEM mobile devices. “We believe that the industry is experiencing strong tailwinds, which should benefit CIS.” This is one more example of Riverside’s expertise in the Business Services and Software & IT Specialisations. Together, the firm has invested in more than 450 platform and add-on companies in these sectors since 1988 as part of its private equity and structured capital strategies. Founding Partner, Origination, Robert Landis and Jeffrey Gordon sourced the deal for Riverside.