Riverside logo
has been acquired by
DWHP logo
August 2012

Riverside Company Successfully Sells Health & Safety Institute, Inc.
August 2012

“The Signal Hill team helped us navigate some challenging waters and the results were outstanding. They were extremely focused and committed, but at the same time, a pleasure to work with. I’d be very comfortable working with them again.”

Bill Clendenen, CEO

Health & Safety Institute (HSI)

Signal Hill acted as exclusive financial advisor to The Riverside Company (Riverside) in the recent sale of Health & Safety Institute (HSI), an Oregon-based provider of emergency care training and certification.

HSI offers a comprehensive, award-winning portfolio of learning solutions and management services that reduce the complex training, compliance and monitoring burdens facing corporations. The company develops and markets its proprietary content, services and technologies directly to a customer base consisting of Fortune 1000 corporations, public safety agencies, health service providers, a market of over 100,000 independent training centers in North America and numerous customers internationally.

Riverside's initial investment in the HSI platform was made in 2006 when it acquired American Safety & Health Institute. Riverside grew HSI both organically and through three add-on acquisitions, including Medic First Aid International in 2006, 24-7 EMS in 2008 and EMP Canada Services in 2010. Riverside grew the business organically largely through operating improvements and building the HSI brand and suite of products and services. During its hold period, Riverside successfully increased revenues and EBITDA by approximately 25% and 125%, respectively.