Riverside Insights

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Riverside Insights - overview

Established

1880

Location

Itasca, IL, US

Primary Industry

Education/Training

About

Riverside Insights, based in the US, delivers a comprehensive suite of educational assessment tools that enhance student learning and development through effective evaluation of cognitive, academic, and life skills. Founded in 1880 in Itasca, US, Riverside Insights specializes in educational assessments. The company was acquired by Alpine Investors in September 2018 for USD 140 mn from Houghton Mifflin Harcourt. The acquisition marked a strategic pivot to focus on enhancing their assessment solutions, with a commitment to serving K-12 educational institutions.


The current leadership includes CEOs Rajib Roy and Vivek Kartha. Riverside Insights specializes in comprehensive educational assessment tools designed to measure and enhance student abilities across cognitive, academic, and life skills. Their core products include the Woodcock-Johnson Tests, CogAT, and Iowa Assessments, widely used by K-12 educators to evaluate student performance and development. They also offer tailored tools for diverse populations, including Spanish and Arabic-speaking learners.


Products are marketed primarily to educational institutions within the US and select international markets, supporting schools and educational professionals committed to improving student outcomes. In the most recent fiscal year of 2017, Riverside Insights reported a revenue of USD 80. 00 mn, generated through a combination of direct sales and subscription-based models for their assessment products. Their pricing structure is tiered according to the assessments chosen and the scale of usage, with major products such as the Woodcock-Johnson IV and Battelle Developmental Inventory being essential to their offerings.


Following the acquisition by Alpine Investors, Riverside Insights is committed to expanding its product portfolio and geographical reach. Recent funding of USD 140 mn will be utilized to enhance current offerings and develop new products, although specific upcoming launches have not been disclosed. The company aims to penetrate new markets and regions, targeting both domestic and international educational institutions to broaden its client base. This strategic focus is set to evolve over the coming years, leveraging investments to ensure their educational assessments meet diverse student needs.


Current Investors

Alpine Investors

Primary Industry

Education/Training

Sub Industries

Education & Training Website, Education & Training Services, Search Engines, Analytics & Performance Software, Education & Training Software

Website

www.riversideinsights.com

Verticals

E-commerce, EdTech

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Riverside Insights - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedMove This World, Inc.-
Add-onCompletedAperture Education, LLC-
Add-onCompletedImPACT Applications Inc.-
Add-onCompletedESGI, LLC-
BuyoutCompletedRiverside Insights-

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