The Riverside Company, a global private investor focused on middle market business valued at up to $400 million, has invested in OutSolve, a provider of outsourced labour and employment compliance solutions.
Founded in 1998, OutSolve provides compliance solutions to help clients adhere to federal contracting standards and other regulations designed to promote non-discriminatory policies in the workplace. The company services more than 2,000 customers in a variety of industries across the US.
In addition to pursuing organic growth through building scale in areas such as pay equity, DE&I and ESG, Riverside plans to continue the company’s strong track record of growing through add-on acquisitions.
OutSolve is another example of Riverside’s focus on in investing in and growing tech-enabled business services companies. Riverside has invested in more than 310 Business Services and more than 220 Software & IT companies since its inception in 1988.
