Riverside Partners

Last updated
Riverside Partners, LLC
TypePrivate Partnership
Industry Financial services
Founded1989;32 years ago (1989)
Headquarters Boston, Massachusetts, U.S.
Products Private equity
Mezzanine capital funds
AUM US$700 mil (December 2011)
Website www.riversidepartners.com

Riverside Partners is an American investment firm, specializing in private equity, based in Boston. Riverside Partners develops and manages private equity investment products in middle market healthcare and technology companies. Founded in 1989, Riverside Partners has managed more than $700 million in investments in over 55 companies. The firm is currently focused on companies with revenues between $20 –$200 million and with $5 – $25 million of EBITDA. [1]

Contents

Investment funds

Between 1988 and 2011, Riverside Partners has developed five funds investing more than $1 billion in targeted healthcare technology companies.

Investments

Riverside Partners’ investments in medical device, software and technology companies include more than a dozen current engagement and nine closed sales.

Key employees

Related Research Articles

TPG Capital American investment company

TPG Capital, previously known as Texas Pacific Group, is an American investment company. The private equity firm is focused on leveraged buyouts and growth capital. TPG manages investment funds in growth capital, venture capital, public equity, and debt investments. The firm invests in a range of industries including consumer/retail, media and telecommunications, industrials, technology, travel, leisure, and health care.

Bain Capital is an American private investment firm based in Boston, Massachusetts. It specializes in private equity, venture capital, credit, public equity, impact investing, life sciences, and real estate. Bain Capital invests across a range of industry sectors and geographic regions. As of 2020, the firm managed more than $140 billion of investor capital. The firm was founded in 1984 by partners from the consulting firm Bain & Company. The company is headquartered at 200 Clarendon Street in Boston, Massachusetts, with offices in North America, Europe, Asia, and Australia.

Cinven is a global private equity firm founded in 1977, with offices in nine international locations in Guernsey, London, New York, Paris, Frankfurt, Milan, Luxembourg, Madrid, and Hong Kong that acquires Europe and United States based corporations, and emerging market firms that fit with their core businesses, and necessitate a minimum equity investment of €100 million or more. In 2015, it had €10.6 billion in assets under management.

Platinum Equity, LLC is an American private equity investment firm founded by Tom Gores in 1995. The firm focuses on leveraged buyout investments of established companies in the U.S., Europe and Asia.

Welsh, Carson, Anderson & Stowe American private equity firm

Welsh, Carson, Anderson & Stowe (WCAS), also referred to as Welsh Carson, is a private equity firm. WCAS was formed in 1979 and focuses on investing in two growth industries, technology and healthcare, primarily in the United States. WCAS has a current portfolio of approximately 30 companies and has organized 17 limited partnerships with total capital of over $27 billion, consisting of 13 equity partnerships and four subordinated debt partnerships. WCAS is currently investing equity funds, including WCAS XII, L.P. and WCAS XIII, L.P.

Norwest Venture Partners (Norwest) is an American venture and growth equity (GE) investment firm with more than $9.5B in capital under management. The firm targets early to late-stage venture and growth equity investments across several sectors, including cloud computing and information technology, Internet, software as a service, business and financial services, consumer and healthcare. Headquartered in Palo Alto, California, Norwest has offices in San Francisco and subsidiaries in Mumbai and Bengaluru, India and Herzelia, Israel. The firm has funded more than 600 companies since inception. As of 2020, the firm has approximately 150 active companies across its venture and growth equity portfolio.

Accel-KKR American technology-focused private equity firm

Accel-KKR is an American technology-focused private equity firm with over $10 billion in total assets under management. The firm invests primarily in middle-market software and technology-enabled services businesses, providing capital for buyouts and growth investments across a range of opportunities including recapitalizations, divisional carve-outs, and going-private transactions. The company has offices in Menlo Park, California, (headquarters), Atlanta, Georgia, Mexico City, and London.

Francisco Partners American private equity firm

Francisco Partners is an American private equity firm focused exclusively on investments in technology and technology-enabled services businesses. Founded in August 1999 and based in San Francisco with offices in London and New York, Francisco Partners Management L.P. has raised approximately USD $24 billion in committed capital as of June 2020 when the firm raised nearly $10 billion for tech company investments. As of 2020, Francisco Partners had more than $25 billion in assets under management and invested in over 300 companies in the technology sector.

Avista Capital Partners is an American private equity firm focused on growth capital and leveraged buyout investments in middle-market companies in the healthcare sector.

Sofinnova is the name shared by two venture capital firms, Sofinnova Partners and Sofinnova Ventures. The name Sofinnova is a contraction of the French, "Société de Financement de l’Innovation" or, Innovation Venture Capital Company. Both firms trace their roots back to Sofinnova SA, an investment institution founded in Paris in 1972. The two firms have raised ~$4B since inception and have generally shared a similar investment strategy of financing projects and ideas in the life sciences and technology sectors. The two firms distinguish themselves on the basis of their target geographies, stage of investment, and sectors. They have been independent entities since 1997.

Irving Place Capital, formerly known as Bear Stearns Merchant Banking (BSMB), is an American private equity firm focused on leveraged buyout and growth capital investments in middle-market companies in the industrial, packaging, consumer and retail industries. Based in New York City, it has total committed capital across its funds of $5.9 billion.

Pamlico Capital, which was formerly called Wachovia Capital Partners and First Union Capital Partners before that, is an independent private equity firm focused on growth capital and leveraged buyout investments in middle-market companies in the business services, technology services, telecommunications and healthcare industries.

Corporate venture capital (CVC) is the investment of corporate funds directly in external startup companies. CVC is defined by the Business Dictionary as the "practice where a large firm takes an equity stake in a small but innovative or specialist firm, to which it may also provide management and marketing expertise; the objective is to gain a specific competitive advantage." Examples of CVCs include GV and Intel Capital.

Galen Partners American private investment firm

Galen Partners is a healthcare-focused growth equity investment firm. With nearly $1-billion invested over five funds, Galen has helped build more than 70 companies since inception.

Rho Capital Partners American venture capital firm

Rho Capital Partners is a venture capital firm that actively invests in companies related to technology, new media, cleaning technology and healthcare.

Nasdaq Private Market is an American SaaS company that provides transaction software to private companies and investment funds looking to do tender offers or share buybacks. The company also has a trading business arm for buying and selling illiquid assets, including auction‐rate securities, bankruptcy claims, limited partnership interests, private company stock, restricted securities in public companies, structured products, and whole loans. In the early days of the company a major source of business came from its platform for trading shares of Facebook and other in-demand startups.

Vista Equity Partners is an American investment firm focused on financing and forwarding software, data and technology-enabled startup businesses. Vista has invested in hundreds of companies, including Misys, Ping Identity, and Marketo.

HGGC is an American middle-market private equity firm based in Palo Alto, California, with over $4.25 billion of cumulative capital commitments. Since inception in 2007, HGGC has completed platform investments, add-on acquisitions, recapitalizations and liquidity events with aggregate transaction value of over $12 billion, representing more than 60 individual investments with more than 46,000 portfolio company employees. The firm was named 2014 M&A Mid-Market Private Equity Firm of the Year by Mergers & Acquisitions magazine.

Bullhorn, Inc.

Bullhorn is a cloud computing company headquartered in Boston, Massachusetts. The company provides customer relationship management (CRM), applicant tracking system (ATS) and operations software for the staffing industry. As of 2019, the company reported more than 11,000 customers in more than 150 countries. Besides its Boston headquarters, the company has operations in St. Louis, London, Brighton, Sydney, and Rotterdam.

Silversmith Capital Partners

Silversmith Capital Partners is a growth equity investment firm based in Boston, Massachusetts. It was founded in 2015 by alumni from Bain Capital and Spectrum Equity, and closed its first fund that year, a $460 million fund to invest in technology and healthcare businesses. In January 2018, Silversmith raised its second growth equity fund, a $670 million fund and in September 2020, raised its third growth equity fund, an $880 million fund. In 2021, Silversmith was named a Top 25 Growth Equity Investor by Growthcap Advisors.

References

  1. Riverside Partners eyes $500M for mid-market fund, Wall Street Journal, March 29, 2012.
  2. Riverside Gathering Steam On Way To $500M For Latest Fund, Dow Jones, March 29, 2012.
  3. Riverside Partners raises $561M, PRNewswire, May 14, 2012.