Alchemy Systems, LP, an Austin, Texas-based leader in food and workplace safety, was acquired by The Riverside Co., a global private equity firm. The investment enables Alchemy to expand its training platform and enter new markets.

“Alchemy provides an exceptional service for a field in which we anticipate sustained growth,” says Loren Schlachet, managing partner for Riverside. “Laws and regulations around food safety are becoming increasingly stringent, and Alchemy’s cost-effective and proven training solutions are ideal for meeting those growing needs.”