Riverside Co to sell Alchemy Systems

Riverside Co said Aug. 3 that it agreed to sell its investment in Alchemy Systems to Intertek ITRK. Financial terms weren’t announced. Alchemy Systems, of Austin, provides food and workplace safety training and other operations and culture solutions through a software-as-a-service (SaaS) model. Jones Day and Deloitte advised Riverside on the transaction. Houlihan Lokey led the sales process along with Vaquero Capital.

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