News

The Riverside Company has acquired 360° Stay Safe, a provider of personal safety information for students, faculty and staff within higher education, as an add-on for portfolio company Omnigo Software. No financial terms were disclosed. Deloitte provided accounting diligence services for Riverside on the transaction while West Monroe provided technology diligence services.

PRESS RELEASE

The Riverside Company has completed the add-on of 360° Stay Safe (360) to its Omnigo Software platform. This acquisition establishes Omnigo as the only company capable of providing customers with comprehensive safety and security solutions from prevention through to resolution.

360° Stay Safe is the most relevant and comprehensive source of personal safety information for students, faculty and staff within higher education. 360’s high-quality, web-based safety and compliance training solutions help customers create a safe and healthy campus community where they take care of themselves, look out for one another, and make choices for the greater good. 360’s extensive video-based training offerings cover vital topics such as active intruder, forming healthy relationships, sexual assault, drug and alcohol awareness, discrimination, and personal safety. This training enables campuses to comply with the Violence Against Woman Act, Campus SaVE Act, and Clery Act, and is critical for any campus that puts a high priority on student safety.

“360 is on the cutting edge with its innovative training content that was developed directly with leading universities,” said Riverside Managing Partner Loren Schlachet. “360 has historically been focused on higher education, but we see tremendous need for these prevention solutions from Omnigo’s K-12 customers and believe 360 will help Omnigo better serve these customers.”

Omnigo continues to fulfill its mission of creating safer tomorrows through providing its customers with new and innovative ways to prevent, manage and resolve safety and security incidents.
“This addition makes a great company even better,” said Omnigo CEO Bobby Robertson. “360 has earned a great reputation in training and compliance, and now Omnigo is the only comprehensive provider that covers incident prevention all the way to incident resolution.”

360’s owner and CEO, Rodnie Williams will stay on with the combined company.
“It’s exciting to entrust my company to Omnigo and Riverside,” said Williams. “Going forward, Omnigo should be able to build on the 360 training solution to enter even more end markets like K-12, healthcare, and corporate, where there are significant needs. We look forward to helping make the world safer together.”

Riverside has completed more than 80 software investments, including three add-ons to Omnigo. The firm continues to seek complementary add-on acquisitions that allow Omnigo to continue helping its customers focus on safety and security.

Working with Schlachet on the deal for Riverside were Partner Joe Lee, Assistant Vice President Jason Thorn, Operating Partner Jonathan Temple, Analyst Caroline Peck and Finance Director Mark Pigott.
Lape Mansfield Nakasian & Gibson, LLC provided legal counsel, Deloitte provided accounting diligence services and West Monroe provided technology diligence services for Riverside on the transaction.

About The Riverside Company
The Riverside Company is a global private equity firm focused on making control and non-control investments in growing businesses valued at up to $400 million. Since its founding in 1988, Riverside has invested in more than 520 transactions. The firm’s international portfolio includes more than 80 companies.