SEATTLE, Wash. – December 17, 2025 – Pike Street Capital, LLC (“Pike Street”) portfolio company, Impel Company (“Impel”), announced a strategic investment in Riverside Inc. (“Riverside”), a Parma, Idaho-based provider of electric motor repair, pump services, well-drilling, and millwright field service. With deep roots in Idaho’s agricultural, municipal and hydropower sectors, Riverside brings decades of expertise in designing, installing, and maintaining water and power-distribution infrastructure. Family-owned and operated since 1978, the partnership adds complementary expertise to the Impel platform and expands its ability to serve customers across Idaho, Eastern Washington, Nevada, Utah, and California.
“We are thrilled to form this partnership with the Dougherty family and the entire Riverside team,” said Impel CEO Doug Staab. “We love the perfect geographical and value proposition fit, but it’s Riverside’s cultural fit with Impel that solidifies our partnership decisions”.
The Riverside investment reflects Pike Street’s strategy of scaling the business through accretive acquisitions alongside organic growth. In just a few years, Impel has established itself as a comprehensive provider of engineered flow management products and services, demonstrating the strength of this approach. Earlier this year, Pike Street completed a single-asset continuation vehicle for Impel, providing additional capital and a longer investment horizon to support the company’s ongoing growth trajectory.
“Riverside is a strong addition to the Impel platform,” added Dave Dandel, Partner at Pike Street Capital. “The acquisition strengthens Impel’s presence in the western U.S. and is a clear example of how our M&A strategy supports platform expansion and long-term value creation.”
Pike Street Capital invests in middle market companies with leading market positions, strong management teams, and discernible growth drivers. The firm targets sectors serving professional customers and B2B growth where it has relevant investing and operating experience, including industrial technology, specialty manufacturing, distribution & logistics, and business services. The firm’s $237M over-subscribed inaugural fund closed in November 2020.
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