The Riverside Company has announced it has acquired Rockpointe.
Rockpointe, based in Columbia, Md., is a healthcare education company. Founded in 1995, the company provides accredited continuing education activities and related training for healthcare professionals.
Riverside Co., co-headquartered in Cleveland and New York, focuses on acquiring and investing in growing businesses valued at up to $400 million. Founded in 1988, the firm seeks control, non-control and growth equity investments across several industries, including healthcare. Riverside pursues companies across multiple segments of healthcare, including services, information technology, products and distribution.
Terms of the acquisition were not disclosed.
The acquisition is an add-on to Riverside Co.’s portfolio company, Clinical Education Alliance.