Engagement — Platform Due Diligence
Code & Co. provides Tech and Product Due Diligence to Riverside, a leading global investment firm focused on providing private capital solutions, ahead of its investment in GFOS, a provider of a workforce management platform.
The Riverside Company, a global investment firm focused on providing private capital solutions for the smaller end of the middle market (Riverside), announced its affiliated European fund has signed a definitive agreement to invest in GFOS, a provider of leading software solutions in workforce management, access control and manufacturing execution systems (MES) for various industries in the upper mid-market to enterprise segment.
Scope Of Work
Code & Co. provided Tech & Product Due Diligence to the Riverside Company.
About GFOS
Founded in 1988, GFOS, with approx. 180 employees, provides a workforce management platform and other software products for the field's access control, smart manufacturing and cloud solutions. GFOS plays a critical role in supporting the shift towards digitalization of the work environment and responding to the significant labor shortage by increasing companies’ competitiveness, planning efficiency, seamless workflows and employee satisfaction. GFOS is recognized as a leading provider of WFM solutions, offering highly sophisticated software covering the most complex use cases across multiple industries. GFOS has more than 3,000 customers in 30 countries.
About Riverside Company
The Riverside Company is a global investment firm focused on being one of the leading private equity and flexible capital options for business owners and portfolio company employees at the smaller end of the middle market by seeking to fuel transformative growth and create lasting value.. Since its founding in 1988, Riverside has made more than 1,000 investments. The firm's international private equity and structured capital portfolios include more than 140 companies. Riverside Europe is an integral part of the firm’s broad global network and has been active in Europe since 1989. Riverside believes a truly global presence provides exceptional insight into local conditions, culture and business practices, making team members better investors and business partners. For more information, visit: www.riversidecompany.com.