Riveria Investment Group Acquires Kalkomey Enterprises
Dec 23, 2015
Riveria Investment Group, a New York based private equity firm, announced the acquisition of Kalkomey Enterprises, Inc. Founded in 1995 and headquartered in Dallas, Texas, Kalkomey is a leader in online recreational safety education for state required certifications. Using a web-based delivery model, the Company delivers educational content and tests through its proprietary e-Learning platform. In addition, Kalkomey offers a value-added SaaS platform for states to manage certification records, in-person educational testing elements, and the back-end reporting necessary to receive federal government reimbursement for their education spending. Riveria partnered with Inverness Graham on the transaction.
About Kalkomey
Founded in 1995, Kalkomey is a leader in recreational safety education, specifically, providing online safety courses and exams to help boaters, hunters, and bowhunters, and those who operate off-road vehicles and snowmobiles earn official certifications. Kalkomey delivers more than 800 national and state-specific classroom manuals, handbooks, and ebooks.Kalkomey’s website is: www.kalkomey.com
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.
Related Blogs
May 24, 2011
Riveria Investment Takes Stake in JBC Holdings
Riveria’s investment will position JBC’s recruitment services segment to capitalize on the growing demand from its existing customer base and also to extend the company’s services into new verticals and underserved markets. Further, the investment will provide JBC with the resources to accelerate the growth of its automated payroll software platform.
Jun 30, 2013