RLH Equity Sells Bluewolf Group To IBM

Los Angeles-based private equity investor Riordan, Lewis & Haden Equity Partners (RLH Equity), has sold one of its portfolio companies, BlueWolf Group, to IBM. Financial details of the acquisition were not announced. Bluewolf provided IT consulting and cloud computing for, and had more than 500 employees spread across 12 offices in the US, Europe, and Australia. RLH Equity is the private equity investment company founded by former Los Angeles Mayor Richard Riordan, outgoing USC Athletic Director Pat Haden, and Chris Lewis.