Wall Street Prep: Elevating Financial Training with Riverside's Investment
Deal News | Feb 11, 2025 | Riverside
The Riverside Company, an internationally recognized investment firm, has made a significant investment in Wall Street Prep, Inc. (WSP), a renowned provider of financial training and certifications. WSP, established in 2004, offers comprehensive education for finance professionals and students through online courses and live training sessions. With Riverside's involvement, WSP is poised to enhance its existing offerings and expand its global footprint. Riverside's Capital Appreciation Co-Chief Investment Officer, Peter Tsang, highlights the profound opportunities for growth and expansion in the financial training sector. This collaboration aims to foster WSP's growth while maintaining its reputation for excellence within the financial training arena. The leadership team at WSP remains intact, ensuring continuity and leveraging Riverside's global resources to propel the company's growth trajectory. The investment, sourced and facilitated by Riverside's experienced team, including Scott Henderson and Anne Hayes, underscores Riverside's profound expertise in the education and training sectors. Notably, Harris Williams and Jones Day served as financial and legal advisors, respectively, to Riverside in this transaction, although specific financial terms remain undisclosed.
Sectors
- Education and Training
- Investment and Financial Services
Geography
- United States – Both The Riverside Company and Wall Street Prep are based in the United States, which is relevant to the strategic and operational aspects of the investment.
Industry
- Education and Training – The article involves Riverside's investment in Wall Street Prep, a leading provider of financial education and training solutions.
- Investment and Financial Services – Wall Street Prep provides specialized training for finance professionals, catering to banking, investment, and corporate finance sectors.
Financials
- Not Disclosed – The financial terms of Riverside's investment in Wall Street Prep were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| The Riverside Company | Bidding Company | Company | A global investment firm investing in Wall Street Prep to enhance its financial training offerings. |
| Wall Street Prep, Inc. | Target Company | Company | A leader in financial training and certifications, acquired by The Riverside Company. |
| Eden Capital | Selling Company | Company | Previously invested in Wall Street Prep and sold it to The Riverside Company. |
| Peter Tsang | Co-Chief Investment Officer | Person | Co-Chief Investment Officer of Riverside's Capital Appreciation strategy, commenting on the transaction. |
| Matan Feldman | CEO | Person | CEO of Wall Street Prep, speaking on the partnership with Riverside. |
| Dina Said Dwyer | Founder and Managing Partner | Person | Founder and Managing Partner of Eden, providing insights into WSP's growth. |
| Harris Williams | Financial Advisor | Company | Served as financial advisor to The Riverside Company for the transaction. |
| Jones Day | Legal Advisor | Company | Served as legal advisor to The Riverside Company for the transaction. |