Riverside, a NYC-based global private investment firm, closed RAC Riverside Acceleration Capital Opportunity Fund II, L.P., at $235M.
RAC provides growth equity, growth royalty loans, advice and operating resources, specifically designed to help B2B software companies navigate the transition from their early phase to their rapid acceleration stage. Its flexible capital, combined with the operating resources of its Growth Advisory Program, has supported more than 65 acceleration-stage software companies in their efforts to systematize growth, seize expansion opportunities, scale internationally and realize their potential. Led by Managing Partner Jim Toth, RAC provides growth equity, growth royalty loans, advice and operating resources.
Led by co-CEOs Béla Szigethy and Stewart Kohl, The Riverside Company is a global investment firm focused on being a private capital options for business owners and portfolio companies at the smaller end of the middle market by seeking to accelerate transformative growth and create lasting value. Since its founding in 1988, Riverside has made more than 1,000 investments. The firm’s international private equity and flexible capital portfolios include more than 140 companies.
FinSMEs
07/02/2024