Investment Summary

Riverside Partners Invests In Alteris Renewables

On October 1, 2008, private equity firm Riverside Partners invested in renewable energy company Alteris Renewables

Investment Highlights
  • This is Riverside Partners’ 1st transaction in the Renewable Energy sector.
  • This is Riverside Partners’ 14th transaction in the United States.
  • This is Riverside Partners’ 1st transaction in Connecticut.
Investment Fate
  • Alteris Renewables merged with another company in 2011.

Investment Summary

Date 2008-10-01
Target Alteris Renewables
Sector Renewable Energy
Investor(s) Riverside Partners
Deal Type Stake Purchase

Target

Alteris Renewables

Wilton, Connecticut, United States
Earth Friendly Energy Group Holdings LLC (dba Alteris Renewables) was a renewable energy company in the Northeast with more than 30 MW installed. Earth Friendly Energy Group was formed in 1980 and was based in Wilton, Connecticut.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

Riverside Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1989
PE ASSETS 1.0B USD
Size Large
Type Sector Focused
DESCRIPTION

Riverside Partners is a specialist private equity firm focused on investments in healthcare and technology companies located throughout North America. The Firm has a particular interest in companies that are founder or family owned. Target companies are generally profitable with $3 to $15 million of EBITDA. Specific areas of interest within healthcare include suppliers to biopharmaceutical and medical device companies, medical technology and equipment, medical instrumentation, dental products and services, diagnostics and disposables, and specialized healthcare services. Areas of interest within technology include, analytical instrumentation, semiconductor equipment, industrial communications, wireless components, homeland security, and power generation technology. Transaction situations include partial or complete buyouts, recapitalizations, growth equity, divestitures, take privates, and strategic add-ons. Riverside Partners was formed in 1989 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 14 of 42
Sector: Renewable Energy M&A 1 of 1
Type: Stake Purchase M&A Deals 2 of 2
State: Connecticut M&A 1 of 2
Country: United States M&A 14 of 42
Year: 2008 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-28 HealthDrive

Framingham, Massachusetts, United States

HealthDrive is a provider of medical and dental services in over 2,000 facilities, serving more than 200,000 enrolled senior living residents across four practices around the nation. HealthDrive was founded in 1989 and is based in Framingham, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-04-01 IZI Medical

Owings Mills, Maryland, United States

IZI Medical is a developer, manufacturer, and provider of medical consumable accessories used in radiology, radiation therapy, vertebroplasty, and image-guided surgery procedures. IZI has built a diverse portfolio of products backed by strong intellectual property and currently sells to more than 1,000 domestic customers as well as internationally across 25 countries. IZI Medical was formed in 1991 and is based in Owings Mills, Maryland.

Buy -