October 23, 2024 – Blue River Financial Group has advised Kohlberg & Company, leading U.S. middle market private equity firm, on the recent acquisition of Effectus Group for their portfolio company Riveron. This strategic move significantly enhances Riveron’s accounting, finance, and capital markets capabilities, reinforcing its position as a premier advisor to the office of the CFO.

Since 1987, Kohlberg & Company has been dedicated to investing with integrity to build long-term value in middle market companies. The group identifies businesses poised for transformation and partners with superior management teams to support accelerated growth, operational excellence and accretive acquisitions.

Founded in 2006, Riveron is a national business advisory firm that partners with investors and CFOs to elevate performance and expand possibilities across the transaction and business lifecycle. Riveron teams bring industry perspective, and a full suite of solutions focused on the office of the CFO, M&A, and distress. In 2023, the company was acquired by affiliates of Kohlberg & Company from H.I.G. Capital – which is continuing its partnership with Riveron through a minority investment. Riveron has 16 global offices.

Effectus Group is an accounting advisory and financial operations consulting firm headquartered in the San Francisco Bay Area. The firm is comprised of former PwC, Deloitte, EY, and KPMG alumni and former accounting and finance executives. The professionals at Effectus have advised the accounting, finance, and corporate development teams of some of the highest growth and most exclusive companies in the world. Effectus Group has offices in California, Utah, and New York.

“The partnership with Effectus Group represents a pivotal step in Riveron’s growth strategy. Their deep expertise in technical accounting, capital markets, and their strong presence in the life sciences and technology sectors complement our existing strengths. Together, we are well-equipped to provide unparalleled service to our clients, particularly in the fast-evolving venture capital and public markets spaces,” said Sam Shaw, CEO of Riveron.

Mike Montgomery, CEO of Effectus Group, stated, “Joining forces with Riveron allows us to accelerate our growth and expand our service offerings to a wider audience. Our cultural alignment, combined expertise, and shared passion for helping our clients succeed make this a natural fit. We are excited to continue our work in the technology and life sciences sectors while also leveraging Riveron’s strengths in private equity and broader office of the CFO capabilities.”

Mike will take on a senior leadership role at Riveron, as well as retain significant equity ownership in the combined Company.

Rich Phillips, Managing Director at Blue River, said, “Blue River Financial Group was thrilled to work with Kohlberg as a financial advisor that ultimately brought together two great companies to enhance and broaden their existing services.”

“Kohlberg has a track record of continuing long-standing legacies of the businesses that they acquire. With Riveron’s acquisition of Effectus Group we are confident both teams are on their way to accomplishing great things together,” stated Nicole Levy, Managing Director at Blue River.

About Blue River

Blue River Financial Group is a middle market merger and acquisition advisory firm. We assist corporations, private equity groups and individuals in the sale and acquisition of businesses and have completed assignments in multiple business segments. With over 20 years of experience spanning across 50 global industries, Blue River provides a suite of services to middle market clients including corporate development, private equity support, valuations, and transaction consulting, placing a premium on relationship-centered transaction counsel and client focus.

Contact Us

Detroit
1668 S. Telegraph Rd., Suite 250
Bloomfield Hills, MI 48302
248 – 309 – 3730

Pittsburgh
1525 Park Manor Blvd., Suite 250
Pittsburgh, PA 15205
412 – 916 – 5016

Colorado
11483 Canterberry Lane
Parker, CO 80138
248 – 309 – 3730

www.goblueriver.com