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Riverside bolts on TerraSim to Australian military simulation company Bohemia

18 Apr 2013

Global mid-market private equity firm The Riverside Company has added terrain generation software company TerraSim to its Bohemia Interactive Simulations platform.

Bohemia develops and provides games for training technology and interactive simulation systems for defence, emergency and mission-critical customers. The company will gain a platform for expanding both in its current defense markets and in new markets, said Riverside partner Dr Martin Scott, who leads Riverside’s software and IT specialisation in Europe.

“TerraSim builds the world’s best terrain generation software,” said Dr Scott. “This acquisition accelerates Bohemia’s technical capabilities and should open new opportunities for the company.”

Bohemia was founded in 2001 in Australia, and has a central sales office in the US, part of the Team Orlando area of excellence for military simulation technology. In addition, Bohemia has sales and operations offices in the UK, Australia, Czech Republic, and Poland, with plans for further international expansion.

Riverside, which has completed more than 20 software investments, acquired the company in January of this year.

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