News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Private Equity

Riverside Company beats out rivals for UK tech firm

US-based private equity firm seals software purchase amid growing wave of investment in UK tech

Global private equity firm the Riverside Company has completed the acquisition of UK-based software company Guestline following a ‘very competitive auction process’ that pitched it against UK private equity firms ECI, CBPE and LDC and several trade buyers.

The firm acquired the company for £70 million, according to a person familiar with the matter.

WSJ Logo