24 Dec Riveria Investment Group Acquires Kalkomey Enterprises
York, NY – December 24, 2015 – Riveria Investment Group, a New York based private equity firm, announced the acquisition of Kalkomey Enterprises, Inc. Founded in 1995 and headquartered in Dallas, Texas, Kalkomey is a leader in online recreational safety education for state required certifications. Using a web-based delivery model, the Company delivers educational content and tests through its proprietary e-Learning platform. In addition, Kalkomey offers a value-added SaaS platform for states to manage certification records, in-person educational testing elements, and the back-end reporting necessary to receive federal government reimbursement for their education spending. Riveria partnered with Inverness Graham on the transaction.
Founded in 1995, Kalkomey is a leader in recreational safety education, specifically, providing online safety courses and exams to help boaters, hunters, and bowhunters, and those who operate off-road vehicles and snowmobiles earn official certifications. Kalkomey delivers more than 800 national and state-specific classroom manuals, handbooks, and ebooks.
Kalkomey’s website is: www.kalkomey.com
About Riveria Investment Group:
Riveria Investment Group, headquartered in New York, NY, is a growth focused private equity firm that acquires and invests in middle-market companies based in the United States. Riveria primarily focuses on growing companies with a history of positive operating cash-flows and seeks transactions that present unique investment opportunities in industries experiencing significant growth. Riveria’s private equity efforts emphasize growth and value-added strategies to generate strong returns. Riveria actively engages in the operations of portfolio companies by collaborating with management and implementing executive operating partners to grow its investments.