The Riverside Company (Riverside), a global private investor focused on the smaller end of the middle market, has invested in Next Day Access, a leading provider of residential and commercial home access solutions across the United States and Canada. This is an add-on to Riverside’s Best Life Brands, a franchised organization with a portfolio of brands dedicated to senior care.
Established in 2010 and franchised in 2012, Next Day Access brings a wealth of expertise and a strong reputation for delivering high-quality accessibility products and services. Focusing on wheelchair ramps, stairlifts, grab bars and bathroom modifications, Next Day Access is committed to providing reliable, efficient, and compassionate care to help aging loved ones and people with limited mobility and disabilities live safely, comfortably and independently in their homes.
“The acquisition of Next Day Access bolsters Best Life Brands to nearly 700 franchised locations – a significant milestone in our strategic plan to build a strong platform of franchised brands focused on the well-being of clients at any stage of life,” said Riverside Managing Partner Loren Schlachet. “With the addition of Next Day Access, Best Life Brands will be even better positioned to serve a broader range of clients across the continuum of care.”
This investment is the most recent example of the firm’s commitment to its Franchisor specialization. Riverside has invested in over 50 franchised brands since its inception.
“We are thrilled to welcome Next Day Access to the Best Life Brands family as this strategic acquisition aligns perfectly with our vision of empowering aging individuals to live their best lives, regardless of mobility challenges," said J.J. Sorrenti, CEO of Best Life Brands. “As the population of older adults steadily rises and the desire to age in place remains prevalent, we’re positioned to enhance our ability to provide comprehensive accessibility solutions and support services to individuals and families across the nation and Canada."
Working with Schlachet on the investment for Riverside were Senior Partner Brian Sauer, Assistant Vice President Nancy Graham, Analyst Brooklyn Button, Operating Partner Mark Eblin and Finance Director Andrew Kaufman. Managing Partner Jeremy Holland sourced the deal for Riverside
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