Riverside Invests in Leading Cultural Resource Management Consulting Firm PaleoWest
The Riverside Company, a global private investor focused on the smaller end of the middle market, has invested in PaleoWest, a Phoenix-based cultural resource management consulting firm serving clients across the United States and internationally.
Founded in 2006, PaleoWest is a professional consultancy that assists clients with their need to address federal, state, and local level environmental regulations, typically in support of a wide variety of land development projects such as the permitting solar and wind generation facilities, housing developments, roads and bridges, and other major infrastructure development projects. PaleoWest’s practice focuses on archaeology, historic architecture, paleontology, and other related environmental services.
“PaleoWest has significant growth potential thanks to its outstanding management team, regulatory driven demand, and commitment to providing quality service,” said Riverside Managing Partner Loren Schlachet. “We are excited to partner with the PaleoWest team through its next phase of growth.”
PaleoWest is another example of Riverside’s commitment to investing in the Business Services industry. To date, the firm has completed more than 290 investments in the sector and has a team of global experts dedicated to growing companies in this specialization.
“We are excited to welcome Riverside as an investor in PaleoWest,” said Tom Motsinger, Founder & President at PaleoWest. “Riverside’s financial backing combined with their expertise and long-term perspective will enable us to continue to improve our market-leading technology, expand into new service lines and geographies, pursue add-on acquisitions, and bring best practices to our sales and marketing efforts.”
“We’re excited to complete this new platform investment,” said Riverside Senior Partner Joe Lee. “Riverside is interested in companies that use technology to improve service quality and compete more effectively. PaleoWest exemplifies this strategy as their use of proprietary technology allows them to perform work more accurately and efficiently.”
More About The Riverside Company
The Riverside Company is a global private equity firm focused on investing in growing businesses valued at up to $400 million. Since its founding in 1988, Riverside has made more than 800 investments. The firm’s international private equity and structured capital portfolios include more than 140 companies.
More About PaleoWest
PaleoWest is a solution-driven heritage consulting firm serving clients throughout the United States and internationally. Founded in 2006, we work on behalf of clients in the public and private sectors who need their projects guided through the regulatory challenges posed by prehistoric, historic, architectural, ethnographic, and paleontological resources. The firm was founded on the principle of providing the very best consultants to our clients. PaleoWest places emphasis on supporting clients’ needs, fostering new technologies that advance our industry while better protecting its fragile resources, and promoting professional development within the framework of innovation and forward thinking. We pride ourselves on being the most innovative team of problem-solvers in the business, leading to better products and more efficient services.