Bohemia Interactive Studio

Country: Czechia

Region: Praha

Investors: The Riverside Company

In 2012, when Riverside invested in Bohemia, a developer and provider of training technology and interactive simulation systems for defence, emergency and mission-critical customers, the business needed capital to grow. With budgetary pressure increasing on defence departments across the globe, Bohemia had the technological know-how to address the need for more cost-effective and efficient training that could be deployed globally and transferred across military divisions.

With support from Riverside, the company now offers a broader range of software to customers globally, has more than doubled its employee numbers and strengthened operations in the US and Czech Republic.

Pete Morrison

co-CEO - Bohemia Interactive

Working with Riverside has helped us broaden our market share, enter new geographic areas and develop new products to remain leaders in our industry.

44%

sales growth since 2012

>140

jobs created since 2012

What did the business need?

Stronger management, board and corporate culture
Increased US presence to improve competitive position
Capital for growth and expansion into new market segments

How did private equity backing create lasting value?

Strengthened management with new co-CEO, sales & marketing and software development leadership
Expanded geo-spatial modelling capabilities through acquisition
Established US operational base
Opened Polish subsidiary to capitalise on local market opportunities
Introduced board and advisory council consisting of former senior defence personnel