Simon Feiglin News Today

Of note, Direct Capital is the same firm which sold the asset to Riverside in 2018.

An unheralded Adelaide software company has done what few Australian unicorns have been able to: cashed out its biggest investor.

CLEVELAND, Oct. 31, 2023 (GLOBE NEWSWIRE) -- The Riverside Company (Riverside), a global private investment firm focused on the smaller end of the middle market, has signed a definitive agreement

The business has largely migrated to the United States, growing at 30 per cent on a compounded annual growth rate.  

The energy software company is expected to receive interest from global tech-focused private-equity firms.

Australian events management software company EventsAIR named Seattle-based events industry veteran Mathew Donegan-Ryan as its CEO, following what is described by the company as a “significant investment” by private equity firm The Riverside Company. Donegan-Ryan took over the CEO position April 1 from founder Trevor Gardner, who is an investor in the company along with Riverside, Donegan-Ryan and other management team members.

It's the private equity firm's latest platform investment.

Riverside will support EventsAIR with its international expansion plans and will drive the continued evolution of the product

The Riverside Company makes significant investment in event tech company EventsAIR

EventsAIR, an Australian events management software provider for in-person, virtual and hybrid events, has gained ‘significant’ investment from global private equity firm, The Riverside Company.   EventsAIR, headquartered in Brisbane, develops software used before, during and after events to manage registration, attendee engagement, operations, housing, travel, marketing and communications. It has delivered more than 350,000 events across Asia- Pacific, EMEA and North America.