On December 14, 2020, The Riverside Company acquired all of the issued and outstanding shares of TruServe Groundscare Inc. (d/b/a Clintar) and TruNet (Quebec) Inc., two leading providers of commercial outdoor services. Riverside’s investment in the Clintar franchise system is the private equity firm’s most recent commitment to its franchising specialization.
Cassels acted for The Riverside Company with a team that included Luke Woolford, Chad Podolsky and Shannon Scrocchi (Business), Ken Snider and Tera Li Parizeau (Tax), Frank Robinson and Kelly Lee (Franchise), Armen Khajetoorian (Real Estate & Development), Mike Tallim (Banking & Specialty Finance), Kristin Taylor, Caitlin Russell and Stefanie Di Francesco (Employment & Labour), Steven Kennedy (Intellectual Property), David Kelman (Litigation), and Tegan O’Brien (Regulatory).