Jbcholdings Takes On Investment from Riveria Investment Group

New York, NY (PRWEB) May 25, 2011

Riverias investment will position JBCs recruitment services segment to capitalize on the growing demand from its existing customer base and also to extend the companys services into new verticals and underserved markets. Further, the investment will provide JBC with the resources to accelerate the growth of its automated payroll software platform. Riveria will be actively working with and assisting JBC in developing and executing a growth strategy, identifying strategic acquisitions and funding future growth opportunities. In addition, Riveria will join the Board of Directors and provide strategic oversight through its network of executive operating partners within the industry.

"We are delighted to partner with the Riveria Investment Group team," said Bryan Zaslow, Founder and Chief Executive Officer of JBCHoldings. "Riverias active approach was particularly attractive to us as we sought the best investor to help us develop and execute our growth strategies and achieve our goal of becoming the leading recruitment agency to the segments in which we focus."

TJ Gupta, Managing Partner at Riveria, added, JBC is a vibrant, young company that has grown exceptionally under CEO Bryan Zaslows leadership. We are excited about this new partnership and look forward to participating in JBCs future growth.

The transaction represents Riverias second investment, and a major milestone for the private equity firm founded in 2010.

About JBCHoldings

Founded in 2002, JBCHoldings acts as the parent organization to JBCStyle and JBCConnect, a collaborative group of recruitment and staffing solutions agencies which provide temporary and permanent employee and management solutions to the retail, creative services and fashion industries. JBCHoldings also operates Jonathan Beth Consultants, a provider of automated payroll software solutions. The company has consistently been featured in the Inc. 5000 List of Americas Fastest Growing Companies in 2008, 2009 and 2010 (latest publication). JBCs clients have included top brands such as Polo Ralph Lauren, Ann Taylor, American Eagle Outfitters, Aeropostale, Oakley, Skull Candy, and many more. The company is headquartered in New York, NY, with additional offices in Los Angeles, CA, Orange Country, CA and San Francisco, CA. For more information, please visit JBCs main websites at http://www.jbcstyle.com, http://www.jbcconnect.com or http://www.jbeth.com

About Riveria Investment Group

Founded in 2010, Riveria Investment Group is a growth focused private equity firm that acquires and invests in middle-market companies based in the United States. The group has a primary focus on growing companies with a history of positive operating cash-flows and seeks transactions that present unique investment opportunities in industries experiencing significant growth. Riveria actively engages in the operations of portfolio companies by collaborating with management to grow its investments. Additionally, Riveria is supported by a network of operating partners with significant experience in each of the firms focus industries. The company is headquartered in New York, NY. For more information, please visit Riverias website at http://www.riveriagroup.com.

###

Valhalla Partners Leads Investment in BlueStripe Software

Vienna, VA (PRWEB) April 22, 2009

Valhalla Partners (http://www.valhallapartners.com) today announced that it is leading an $ 8M Series B investment in Research Triangle Park (RTP)-based BlueStripe Software, the industry's first provider of Application Service Management (ASM) solutions for the dynamic data center. BlueStripe's existing investor, Trinity Ventures, is joining the round.

"The need to manage applications on virtualized servers has only just begun," said Gene Riechers, a general partner at Valhalla Partners and now a member of BlueStripe's board of directors. "Cost containment is the number one priority for companies in an economic downturn and virtualization is an extremely powerful cost-containment technology. However, you can't realize this return if you can't manage your mission-critical applications across both physical and virtualized infrastructures. Led by an impressive team of industry veterans, BlueStripe Software is providing the visibility required for understanding these interdependencies between applications and its underlying dynamic IT infrastructure. We believe BlueStripe's products will change the way companies manage their business-critical applications, regardless of IT platform or environment."

"In this economy, it's critical for entrepreneurs to find venture capitalists who are accessible and knowledgeable about guiding a company through its life cycles," said BlueStripe CEO Chris Neal. "With Valhalla's deep background in data-center software and its commitment to the Research Triangle Park region, we are thrilled to have Valhalla Partners join our team."

About Valhalla Partners:

Valhalla Partners is a trusted partner and advisor to technology entrepreneurs in their quest to build world-class companies. Based in Vienna, Virginia, the firm's management team has made more than 120 investments over the past twenty years and produced almost $ 1 billion of investment proceeds. Valhalla prefers investments where the mission of the company is to innovate, challenge and fundamentally change the dynamics of new and existing markets. Investments by Valhalla's team include Advertising.com, BDMetrics, CareerBuilder.com, Clarify, EnterpriseDB, Epicor, Exchange Solutions, JumpTap, LeftHand Networks, Mobius, NextLink, Nirvanix, Progress Software, Proxicom, RealOps, Register.com, Riverbed Technologies, SafeNet, SEPATON, ServiceBench, Trilogy, and webMethods. Valhalla Partners brings the full power and network of its experienced team to every investment it makes, helping companies grow faster and smarter regardless of size or maturity.

For more information, go to http://www.valhallapartners.com.

About BlueStripe Software:

BlueStripe Software is the industry's first provider of Application Service Management (ASM) solutions for dynamic data centers. BlueStripe's flagship product suite, FactFinder, improves the way companies manage their business-critical applications, regardless of application, OS, or server platform. Based in the Research Triangle Park area in Morrisville, NC, BlueStripe is led by an executive team that has built some of the industry's leading enterprise application management companies, including Wily Technology, Relicore, Computer Associates, and IBM/Tivoli.

To learn more about BlueStripe, please visit http://www.bluestripe.com.

About Trinity Ventures:

Trinity Ventures, a 22-year veteran in the venture business with more than $ 1 billion under management, partners with exceptional entrepreneurs to build great companies. Trinity Ventures focuses on early-stage technology investment opportunities with a particular emphasis on the digital media, Internet services, mobility, security and software markets. Trinity has invested in more than 100 ventures, including such leading companies as Aruba Networks (NASDAQ: ARUN), Blue Nile (NASDAQ: NILE), Crescendo Communications, Extreme Networks (NASDAQ: EXTR), Forte Software, Illustra, LoopNet (NASDAQ: LOOP), Photobucket (acquired by News Corporation: NWS), Speedera Networks (acquired by Akamai Technologies: AKAM), Starbucks (NASDAQ: SBUX) and Sygate Technologies (acquired by Symantec: SYMC). To learn more about Trinity Ventures, visit http://www.trinityventures.com.

For more information, press only:

Dan Gordon, 703-448-1400, dan @ valhallapartners.com

###

Find More Series B Round Press Releases