Heeding their mothers’ advice to eat their vegetables and feeding their own appetites for deal-doing, the folks at The Riverside Company gobbled up a healthy investment earlier today: GreenLine Foods, Inc. (“GreenLine”), the leading provider of fresh-trimmed, microwaveable packaged green beans. With five distribution facilities throughout the U.S., including three processing facilities strategically located across the country, GreenLine also provides a variety of other value-added produce items. The transaction team consisted of Tim Gosline – Partner, Matt Dailey – Vice President, and Adam Friend – Associate. The deal was sourced by Jim Butterfield – Regional Director, Sourcing & Origination.

Moving faster than a speeding train last week, The Riverside Company completed its acquisition of J.E.R. Overhaul as an add-on to Nordco, a leading designer and provider of railroad maintenance-of-way (“MOW”) equipment, rebuilding services, and repair parts. JER repairs and rebuilds a wide variety of used MOW equipment, tracking well with Nordco’s existing products and services and nearly doubling Nordco’s rebuild business. The transaction team consisted of Tim Gosline – Partner, Stephen Dyke – Principal, Chip Walker – Vice President, and Anju Mathew – Analyst.

With the aging population in America continuing to expand, Riverside capped off last week with the acquisition of Sun Health Hospice Group (“SH”) as an add-on to American Hospice (“AH”), one of the top 10 hospice providers in the country. As a strategic partner, SH brings to AH an expanded referral network, additional locations in the fast-growing Phoenix market and the same dedication to quality care that has made AH successful. The transaction team consisted of Brooke Ablon – Partner, Kristin Newhall – Principal, and Karim Botros – Associate.

This latest series of acquisitions brings the firm’s portfolio total to 52 companies. Since Riverside’s founding in 1988, it has invested in 140 transactions.