M&A Deal Summary

The Riverside Company Acquires Momentum Group

On August 1, 2006, private equity firm The Riverside Company acquired distribution company Momentum Group

Acquisition Highlights
  • This is The Riverside Company’s 3rd transaction in the Distribution sector.
  • This is The Riverside Company’s 61st transaction in the United States.
  • This is The Riverside Company’s 6th transaction in California.
Investment Fate
  • Momentum Group was sold to a consortium of financial buyers in 2011.
  • Momentum Group was sold to a consortium of financial buyers in 2016.

M&A Deal Summary

Date 2006-08-01
Target Momentum Group
Sector Distribution
Buyer(s) The Riverside Company
Deal Type Buyout (LBO, MBO, MBI)

Target

Momentum Group

Irvine, California, United States
Momentum Group distributes fabric to commercial furniture manufacturers as well as architectural and design firms that serve the office, hospitality, education and healthcare markets.

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Buyer(S) 1

Buyer

The Riverside Company

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1988
PE ASSETS 5.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

The Riverside Company is a global private equity firm that seeks investments in profitable lower middle-market companies valued under $400 million. Riverside looks to invest in growth businesses headquartered in North America, Europe, and Asia (primarily Japan and South Korea), that have been in operation for at least five years. Riverside targets investments in a wide array of industries including distribution, automotive, healthcare, education, manufacturing, software, consumer services, plastics, publishing, food, communications, marine, and business services. Riverside was formed in 1988 and is based in New York City.


DEAL STATS #
Overall 77 of 284
Sector (Distribution) 3 of 6
Type (Buyout (LBO, MBO, MBI)) 63 of 146
State (California) 6 of 15
Country (United States) 61 of 196
Year (2006) 14 of 21
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-07-01 BeaconMedaes

Rock Hill, South Carolina, United States

BeaconMedaes is a manufacturer of medical air and gas distribution equipment for healthcare providers. BeaconMedaes is based in Rock Hill, South Carolina.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-08-06 Digital Technology International

Springville, Utah, United States

DTI is a recognized leader in the newspaper publishing software industry. The Company develops and supports its own suite of products, which are fully integrated with Adobe's InDesign and InCopy products, to streamline the editorial and advertising operations of newspapers. DTI's customers include newspaper publishers across the U.S. and in Europe.

Buy -