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Riverside sells rewards solutions provider WorkStride

The Riverside Company, a global private investor focused on the smaller end of the middle market, has sold its investment in WorkStride, an enterprise rewards solutions business, to Prepaid Technologies, a leading provider of prepaid payment technology solutions based in Alabama.

WorkStride offers a feature-rich SaaS platform that incorporates industry-leading front-end technology, powerful integrated rewards technology, strong engagement features and a unique wallet that have enabled the company to establish a strong market position in the provision of reward and incentive solutions for enterprise clients. 

Riverside originally invested in the company in December 2012 as a portfolio company within its Micro-Cap business unit.

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