Riverside Partners

Riverside Partners, LLC

Type	Private Partnership
Industry	Financial Services
Founded	1989 (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]

History of private equity and venture capital
Early history
(Origins of modern private equity)
The 1980s
(Leveraged buyout boom)
The 1990s
(Leveraged buyout and the venture capital bubble)
The 2000s
(Dot-com bubble to the credit crunch)

Investment funds

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

Riverside Fund I, LP (closed)
Riverside Fund II, LP (closed)
Riverside Fund III, LP (closed)
Riverside Fund IV, LP (closed) – $406,000,000^[2]
Riverside Fund V, LP (closed) - $561,000,000^[3]

Investments

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

Applied Precision (acquired)
Barrier Safe Solutions International (acquired)
Cushcraft (acquired)
MicroCal (acquired)
MicroDental (acquired)
Quantum Medical Imaging (acquired)
Rudolph Technologies, Inc. (IPO)
Vocollect (acquired)
Dominion Diagnostics
Eliassen
GEM Engineering
Health Drive
IPA
ITC Global
Max Vision
NDS Surgical Imaging
Pilgrim Software
Real Goods Solar
Tech Valley Communications
Tegra Medical
Thinklogical
Weblocalize

Key employees

David Belluck, General Partner
Brian Guthrie, General Partner
John Lemelman, General Partner
Ian Blasco, General Partner
Steve Kaplan, General Partner
Kevin Sullivan, Chief Financial Officer

References

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

External links

Company website

Private equity and venture capital

Basic investment types

History

Terms and concepts

Buyout	Financial sponsor Management buyout Divisional buyout Buy–sell agreement Leveraged recapitalization Dividend recapitalization

Venture	Angel investor Business incubator Post-money valuation Pre-money valuation Seed money Startup company Venture capital financing Venture debt Venture round

Structure	Private equity firms and funds Limited partnership Limited liability company Carried interest Management fee Publicly traded private equity Business Development Company Venture capital trust Private investment in public equity (PIPE) Pledge fund

Investors

Related financial terms

Private equity and venture capital investors
Private equity firms
Venture capital firms
Angel investors
Portfolio companies

This article is issued from Wikipedia - version of the 10/9/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.