New York, NY – April 23, 2018 – Riveria Investment Group, a New York based private equity firm, announced that its portfolio company, Kalkomey Enterprises (“Kalkomey” or the “Company”), has invested in Dive RAID Training Agency. This investment marks Kalkomey’s entrance into the scuba diving market, an adjacent space we have been researching for years. Their vast array of training programs and impressive technology platform make them a perfect match to partner with Kalkomey. Riveria partnered with Inverness Graham on its investment in Kalkomey and the recent acquisition.
About Riveria Investment Group: Riveria Investment Group, headquartered in New York, NY, is a growth focused private equity firm that acquires and invests in middle-market companies based in the United States. Riveria primarily focuses on growing companies with a history of positive operating cash-flows and seeks transactions that present unique investment opportunities in industries experiencing significant growth. Riveria’s private equity efforts emphasize growth and value-added strategies to generate strong returns. Riveria actively engages in the operations of portfolio companies by collaborating with management and implementing executive operating partners to grow its investments.
About Kalkomey: Kalkomey is the leader in online recreational safety education for state required certifications and is an official provider of recreational safety education materials for all 50 states, as well as Canada, Mexico, Australia, and New Zealand. Using a web‐based delivery model, Kalkomey has helped millions of students get educated to safely boat, hunt, and operate off-road vehicles and snowmobiles.Kalkomey’s website is: www.kalkomey.com
About RAID: RAID is a culmination of worldwide scuba diving, training experience and skill development combined and presented with today’s latest technology; considered one of the most comprehensive e-learning programs in the world. RAID’s mission is to be the benchmark brand for quality dive training globally through improved technology, training techniques, a proactive quality control system and ensuring the highest standard of dive instructors.RAID’s website is: www.diveraid.com
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