Riordan, Lewis & Haden Equity Partners has backed Siteworx, a provider of strategy, design, and implementation services for web content management software. Terms were not released. Siteworx is based in Reston, Virginia.
PRESS RELEASE
Riordan, Lewis & Haden | Equity Partners (RLH) is pleased to announce our investment in Siteworx, a leading provider of strategy, design, and implementation services for web content management (WCM) software. The Company’s solutions enable enterprise clients to manage their large diverse portfolios of digital media assets to ensure consistent use across multiple digital marketing channels (web, mobile, and social) and multiple business units. Siteworx implements WCM, e-commerce, and analytics software from major vendors and also provides related digital content development services. The Company is a preferred partner to key WCM software vendors and has won numerous awards for the excellence of its solutions.
RLH is pleased to partner with Siteworx’s management team, led by founder and CEO Tim McLaughlin, to recapitalize the Company and further accelerate its growth. J. Christopher Lewis, Managing Director of RLH, commented, “Siteworx’s services address companies’ critical need to coordinate the rapidly proliferating online marketing content being generated across the enterprise. The Company has the strong leadership, high organic growth rate, critical mass of revenue, distinctive reputation, and exciting market opportunity that make it an excellent fit with RLH’s investment focus.”
About RLH
Riordan, Lewis & Haden is a leading private equity firm which invests in high growth, profitable enterprises with $20 – $150 million of annual revenue. Focused on companies in the business services, healthcare, and government services sectors, RLH has achieved a 30-year track record of success by partnering with passionate entrepreneurs to build significant companies. RLH typically invests via a recapitalization transaction that provides partial liquidity for the entrepreneur, and then assists the portfolio company management team in navigating the opportunities and challenges of rapid growth. The firm currently manages over $500 million of assets and is actively seeking new portfolio companies.
About Siteworx
Siteworx is an award-winning digital agency with deep roots in agile design, web content management (WCM) and systems integration. For more than a decade, the Company has tapped an uncommon blend of technology and design know-how to discover, create and deploy best in class web and mobile experiences that deliver business results. Siteworx was named to the IMA’s Top 10 Agencies of 2011 and has been recognized among KMWorld’s 100 Companies that Matter in Knowledge Management for the last three consecutive years. Headquartered in Reston, Virginia, Siteworx maintains full-service offices in San Francisco, CA, Atlanta, GA, Cary, NC, Chicago, IL, Rochester, NY and New York, NY.