RS Occupational Health (RSOH) provides occupational health services including remote emergency services via three UK clinics located in Aberdeen (headquarters) and Inverness, Scotland and Great Yarmouth, England. (www.rsoh.co.uk).
“The addition of RSOH marks the third add-on acquisition DISA has completed under Riverside’s ownership,” said Riverside Managing Partner Loren Schlachet. “We’re excited about what it brings to DISA. RSOH clinics are in key energy production areas, and will greatly enhance DISA’s international footprint and capabilities.”
DISA Global Solutions provides workplace safety and compliance services with a particular focus on the energy sector. The company has more than 11,000 customers and is based in Houston (www.disa.com).
“DISA is already a world-class global company,” said Riverside Partner Brian Sauer. “Adding locations and enhancing service offerings in a vital energy production region will only serve to make DISA even more capable and successful.”
Working with Messrs. Schlachet and Sauer on the transaction for Riverside were Associate Danielle Leimbach, Operating Partner Dan Colbert and Operating Executive – Finance David Pecore.
The Riverside Company is focused on the smaller end of the middle market and invests in businesses valued at up to $250 million (€200 million in Europe). Since 1988, the firm has invested in more than 330 transactions with a total enterprise value of more than $6 billion. The firm’s current portfolio includes more than 70 companies. The Riverside Company is headquartered in New York with additional offices in Atlanta, Chicago, Cleveland, Dallas, Los Angeles, San Francisco, and London (www.riversidecompany.com).
Fifth Street provided financing for the transaction. Jones Day UK and KPMG UK provided DISA with legal counsel and accounting support, respectively.
© 2014 PEPD • Private Equity’s Leading News Magazine • 3-20-14