Testing, Inspection, Certification & Compliance (TICC)
A Strong Fit
Riverside partners with a variety of Testing, Inspection, Certification and Compliance companies focusing on:
- Life sciences:
- Food & agriculture
- Food safety
- Third party testing labs
- Medical device compliance & audit
- Pharmaceutical compliance & audit - Aerospace
- Automotive
Riverside believes the TICC industry is growing due to:
- Aging U.S. infrastructures creating robust sector tailwinds
- Recession-resistant qualities given the mission-critical nature of TICC services
- Industry consolidation, driven by large, diversified TICC companies acquiring specialized, niche providers
These industry trends indicate a strong fit and alignment with Riverside’s operating model.
Delivering Value
- The Riverside Toolkit is a cadre of more than 40 vetted experts who consult on specific functional areas such as pricing, strategic planning, sales & marketing, executive recruitment and global sourcing and procurement.
- Experience helping companies grow through strategies that include acquiring businesses with complementary product lines, executing greenfield expansion plans and developing new products.
- Strategic sourcing between its portfolio companies resulting in almost $10 million in annual savings.
Riverside’s work in the TICC industry is spearheaded by a team of senior advisors, operators, investment professionals and origination experts
The Riverside Company has significant experience in Testing, Inspection, Certification and Compliance (TICC) industry with 20+ company investments. Riverside has developed deep relationships with industry experts, as well as visibility into attractive sub-verticals within TICC. A sampling of investments includes:
Alchemy
- Invested
- December 2012
- Status
- Exited
- Industry
- Education & Training, Business Services
- Region
- North America
- Business Unit
- Riverside Micro-Cap
- Strategy
- Private Equity
Provider of food and workplace safety training solutions
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Alcohol Monitoring Systems
- Invested
- December 2014
- Status
- Exited
- Industry
- Business Services, Software & IT
- Region
- North America
- Business Unit
- Riverside Strategic Capital, Riverside Capital Appreciation
- Strategy
- Flexible Capital, Private Equity
Provider of monitoring technologies to manage criminal offenders
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CertaSite
- Invested
- June 2018
- Status
- Active
- Industry
- Business Services
- Region
- North America
- Business Unit
- Riverside Micro-Cap
- Strategy
- Private Equity
Provider of fire and protection services
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Clayton Group Services
- Invested
- October 2001
- Status
- Exited
- Industry
- Business Services
- Region
- North America
- Business Unit
- Riverside Capital Appreciation
- Strategy
- Private Equity
Provider of environmental and occupational safety services
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DISA Global Solutions
- Invested
- January 2011
- Status
- Exited
- Industry
- Business Services
- Region
- North America
- Business Unit
- Riverside Capital Appreciation, Riverside Micro-Cap
- Strategy
- Private Equity
Provider of outsourced employee screening services
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ENTRIX
- Invested
- February 2003
- Status
- Exited
- Industry
- Business Services
- Region
- North America
- Business Unit
- Riverside Capital Appreciation
- Strategy
- Private Equity
Provider of environmental consulting services
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GTI Diagnostics
- Invested
- July 2008
- Status
- Exited
- Industry
- Healthcare, Specialty Manufacturing & Distribution
- Region
- North America
- Business Unit
- Riverside Micro-Cap
- Strategy
- Private Equity
Developer of test kits for the in vitro diagnostics industry
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Health & Safety Institute (II)
- Invested
- May 2015
- Status
- Exited
- Industry
- Healthcare, Education & Training, Business Services
- Region
- North America
- Business Unit
- Riverside Capital Appreciation
- Strategy
- Private Equity
Provider of healthcare, safety and workplace training
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NAVEX Global
- Invested
- December 2010
- Status
- Exited
- Industry
- Business Services, Education & Training
- Region
- North America
- Business Unit
- Riverside Capital Appreciation, Riverside Micro-Cap
- Strategy
- Private Equity
Provider of solutions to manage governance, risk and compliance
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Performance Systems Integration
- Invested
- September 2019
- Status
- Active
- Industry
- Business Services
- Region
- North America
- Business Unit
- Riverside Micro-Cap
- Strategy
- Private Equity
Provider of Fire and Life Safety services
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Red Nucleus
- Invested
- March 2020
- Status
- Active
- Industry
- Software & IT, Education & Training
- Region
- North America
- Business Unit
- Riverside Capital Appreciation
- Strategy
- Private Equity
Developer of e-learning, print-based, workshop, and blended solutions for the life sciences industry.
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Wildlife International
- Invested
- July 2010
- Status
- Exited
- Industry
- Business Services
- Region
- North America
- Business Unit
- Riverside Micro-Cap
- Strategy
- Private Equity
Provider of contract research services
View ProfileThe Riverside Company - TICC Advisory Board Overview
The Riverside Company has built a knowledge base in Testing, Inspection, Certification and Compliance (TICC) related industries over the last 10+ years. However, Riverside does not consider itself an expert by any means. Riverside has assembled a TICC Advisory Board to assist it in further enhancing its knowledge and more effectively evaluating potential opportunities and developing strategies.
The advisory board is a mix of true industry experts who have multiple decades of personal TICC experience and differentiated skill sets like technical & software expertise, sales & marketing, global business development, leadership, training & certification platforms, strategic initiative execution, acquisition integration and long-range planning. Armed with a global perspective, these individuals can add significant value and provide actionable solutions and guidance to any company in the TICC industry, particularly in the life sciences, aerospace & defense and automotive-related segments.
Jeff Eastman
Former CEO, owner at Intertek Alchemy
Expertise: Life Sciences – Food & Agriculture;
Food Safety; Software & Training
Lori Bestervelt, Ph.D.
Current Director at ChemFORWARD; Former Executive Vice President Chief Science Officer, NSF International
Expertise: Life Sciences – Food & Agriculture;
3rd Party Test Labs; Medical Device; Pharmaceutical
David Crownover
Former Director, AIB International; Director of Strategic Initiatives, Microbac Laboratories, Inc; Client Service Manager, Merieux NutriSciences – North America
Expertise: Life Sciences – Food Safety; 3rd Party Test Labs
Ian Fleming
Fomer Executive Vice President – Medical Devices at NSF, Previously Founder/Partner at Avarent, LLC
Expertise: Life Sciences – Medical Devices; Software & Training
Jim Glenn
Former Founder & CEO at Meritech, Inc, Technical Advisory Board Member, Sterilex
Expertise: Life Sciences – Food & Agriculture; Food Safety
Hal King, Ph.D.
Current CEO/Founder Public Health Innovations/ Partner Active Food Safety; Former Director, Food & Product Safety at Chick-fil-A
Expertise: Life Sciences – Food & Agriculture; Food Safety
Michael Koeris
Current Co-Founder & CEO, Stealth Biotech Startup; Founder & CEO, Chairman of the Board of Directors, Corvium
Expertise: Life Sciences – Food & Agriculture; Food Safety; 3rd Party Test Labs; Software & Training
