The Riverside Company, a global investment firm focused on the smaller end of the middle market, announced it has invested in Contruent, an Illinois-based provider of lifecycle cost management software for owners of large capital assets and their contractors.

Founded in 1995, Contruent provides mission-critical tools to manage complex, multi-billion-dollar projects across various industries. Its software enables detailed budgeting, contract management, procurement and real-time project monitoring, helping customers identify cost overruns, forecast outcomes and optimize resources throughout the life of a project. Today, Contruent operates in more than 26 countries and supports some of the largest, most complex capital projects in the world, including high-speed rail systems, mining operations, nuclear plants, highways and data centers, among others.

Read full press release here.