Riverside’s private equity

News Release

Riverside’s Latest Addition is a Perfect Fit August 01, 2019

Adds Managed Services Provider Sullivan Data Management to Logically Platform

The Riverside Company has invested in Sullivan Data Management (Sullivan) as an addition to the Logically platform. Sullivan is a provider of outsourced IT services to small- and medium-sized businesses partnering with its clients to provide tailored strategic consulting and managed services.  Based out of Yorktown Heights, New York, Sullivan works with clients to complete IT assessments, develop an overall strategy and provide tactical support to design, install and maintain an IT infrastructure.

“The addition of Sullivan is a logical next step to enhance this platform,” said Riverside Managing Partner Loren Schlachet. “Sullivan is the perfect fit because it offers a similar one-stop-shop for IT outsourcing services in New York, which is a new market and sensible extension to Logically’s existing strong presence in the Northeast.”

Since its investment in 2018, Riverside has worked with Logically to enhance its service capabilities and sales function, as well as partner with strong regional managed services providers such as Sullivan Data Management to grow into the nation’s leading managed service provider.

Logically is a rapidly growing provider of comprehensive outsourced IT services to businesses ranging from 20 to 500 employees. The company focuses on providing high-quality, premium services to clients in Maine, Massachusetts, New York, Tennessee and Southern California. The Logically team works tirelessly to become its clients’ true partner and comprehensive provider of IT services. Further, Logically has built a high quality team and strong employee culture by providing a collegial work environment, robust employee training, internal promotion opportunities and other initiatives.

“Not only do we plan to expand Logically’s geographic footprint, but we are looking forward to expanding Logically’s capabilities to target customers in new industries as well,” said Riverside Partner Brian Sauer. “We’re excited that the addition of Sullivan will bring expertise in the local government end market.”

Building on its extensive experience in technology and its IT and software industry specialization, Riverside will continue to grow Logically by expanding into new geographies and adding new service capabilities.

Working with Schlachet and Sauer on the deal for Riverside were, Assistant Vice President Joshua Smith, Analyst Nancy Graham, Operating Partner Rex Niles and Finance Director Gary Schlegel. Polly Mack sourced the deal for Riverside.   

About The Riverside Company
The Riverside Company is a global private equity firm focused on investing in growing businesses valued at up to $400 million. Since its founding in 1988, Riverside has made more than 600 investments. The firm's international private equity and structured capital portfolios include more than 90 companies.

Media Contact


Holly Mueller
Communications Consultant
The Riverside Company
+1 216 535 2236