Riverside Adds Operating Tax Systems to DISA Platform
January 16, 2013
The Riverside Company has acquired Operating Tax Systems and added it on to existing portfolio company DISA. Based in Stow, OH, OTS primarily serves the commercial motor vehicle industry, providing driver and vehicle compliance services like fuel tax reporting, driver log auditing, licensing, permitting and fuel tax recovery. Houston-headquartered DISA, acquired by Riverside in January 2011, provides employee screening and related services for a variety of safety-sensitive industries. The acquisition of OTS expands its industry list to include transportation. Fifth Street Finance provided financing for the transaction.