juillet 2024
Riveron
Canaccord Genuity Advises Riveron, a Portfolio Company of Kohlberg & Company, on its Acquisition of Yantra
Acquisition makes Riveron one of the largest NetSuite Alliance Partners globally
Canaccord Genuity has advised Riveron, a business advisory firm backed by private equity firm Kohlberg & Company, on its acquisition of Yantra, a technology and advisory services provider with a broad range of expertise to address the pressing needs of technology-enabled CFOs. The acquisition brings capabilities in Salesforce and Oracle and makes Riveron one of the largest NetSuite Alliance Partners globally, offering clients holistic solutions to drive enhanced value. Yantra also brings significant expertise in data science and analytics, artificial intelligence (AI), robotic process automation (RPA), and platform integrations.
Founded in 2006, Riveron professionals simplify and solve complex business problems. The firm partners with the office of the CFO, private equity firms, and other stakeholders to maximize outcomes. Riveron teams bring industry perspective and deep functional expertise across accounting, finance, mergers and acquisitions, operations, restructuring and turnaround, strategic communications and ESG, tax, and technology to address pressing challenges. 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.
With the acquisition of Yantra, Riveron now has a global team serving the Office of the CFO and private equity firms to elevate performance. Yantra specializes in NetSuite, Oracle, Salesforce, data science and advanced analytics, integration platforms, business transformation, AI and RPA, and managed services. The company partners with CFOs and CIOs to drive innovation and growth and achieve strategic goals. Established in 2009 and headquartered in Santa Clara, California, Yantra has offices worldwide in Pune, Ahmedabad, and Toronto and approximately 400 employees across the United States, Canada, India, and the Philippines. With the acquisition, Riveron has also significantly expanded its team, increasing its global headcount to more than 1,100 dedicated professionals.