Clovis Point Capital’s Majority Growth Investment in RIVS

Vinson & Elkins advised Clovis Point Capital, LLC in connection with its growth equity investment in, Inc., a leading provider of cloud-based interview and recruiting software., Inc., a leading provider of cloud-based interview and recruiting software, received a majority growth equity investment from Houston, Texas-based Clovis Point Capital, LLC. This investment will be used to accelerate the Company’s innovation and growth, while continuing its commitment to delivering the best possible experience for enterprise and higher education customers and job candidates.

Founded in 2011, RIVS is an industry-leading video interviewing software platform. RIVS offers a full suite of solutions through its proprietary and internally developed technology, providing its clients with significant customization and flexibility. Corporate clients utilize the RIVS product suite to operate a more time and cost efficient interview process, while higher education clients use the interview prep tool to more effectively prepare students for job interviews. In 2018, RIVS was recognized on the Inc. 5000 list of fastest-growing companies.

This is Clovis Point’s second investment in its second fund, which held its first closing in 2018. Messrs. Joseph and Shuford will join the Company’s board to assist the Company in refining its go-to-market strategy and evaluate ways to enhance its product offering to drive future growth.

Vinson & Elkins advised Clovis Point Capital, LLC with a team led by James Garrett (Picture) and Connor Long with primary assistance from David Peck, Megan James, Kristy Fields and Christie Alcalá.

Involved fees earner: Megan James – Thompson Knight LLP; Christie Alcalá – Vinson & Elkins LLP; Kristy Fields – Vinson & Elkins LLP; James Garrett – Vinson & Elkins LLP; Connor Long – Vinson & Elkins LLP; David Peck – Vinson & Elkins LLP;

Law Firms: Thompson Knight LLP; Vinson & Elkins LLP;

Clients: Clovis Point Capital;