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EvoLUTIon. ThE RIvERSIdE ComPAny2010 Year in review
“It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change.”CHarLeS Darwin
www.riverSiDeeurope.Com partnerSHip . growtH . integritY
2010 at a gLanCe 4
aSia-paCifiC growtH 6
SpeCiaLiSeD inveSting 7
2010 aCquiSitionS 8
Creating LaSting vaLue 11
2010 exitS 12
CHaLLengeS anD CHange 15
funD aCtivitY 16
CaSe: Summit meDiCaL group 17
ContaCt uS 18
ConTEnTS2010 Year in review
4 5
AT A GLAnCE
2010 In nUmbERS
2010 Year in review
Riverside continued to evolve in 2010 by growing and increasing the value of its portfolio, expanding globally, and by achieving unprecedented realisations.
With a record-setting december, positioning the firm for another remarkable year of growth for its portfolio and investors, Riverside had one of the best years in its history. For the year, Riverside completed 24 acquisitions and exited 11 platforms, numbers which included the 300th overall transaction for the 23-year-old company.
HigHLigHtS inCLuDe:
• Closing 24 acquisitions, including 13 platforms
• Returning €440 million to investors thanks to 11 exits that generated a combined gross cash-on-cash return of 3.0x
• Closing the 4th Riverside Europe Fund (REF Iv) at €420 million and Riverside Asia-Pacific Fund I (RAF I) at $28 million
• Opening an office in Melbourne, Australia to support the growth of RAF I
• Growing geographically and making the firm’s first investments in Australia, France, Spain, Italy and Turkey
• Completing the 20th education and training investment and the 50th healthcare investment
All figures as of 31 december 2010 unless otherwise stated.
aCquiSitionS
exitS
inveSteD
returneD
“Our results speak for
themselves. For the second
year in a row we overcame
challenges to deliver superior
returns for our investors.
Our track record in good
times and bad clearly
demonstrates the effectiveness
of our commitment to buying
and building outstanding
companies at the smaller
end of the middle market all
around the world.”
BéLa SzigetHY, riverSiDe Co-Ceo
www.riverSiDeeurope.Com partnerSHip . growtH . integritY
oUR PoRTFoLIo In nUmbERSThe Riverside Company is a global private equity firm that acquires growing enterprises valued at up to €200 million. The firm partners with strong management teams and enhances its investments through acquisitions and organic growth. Since its founding in 1988, Riverside has invested in over 245 transactions with a total enterprise value of more than €4.6 billion.
Riverside practices a rigorous and consistent deal selection process. by evaluating thousands of deals every year, Riverside gets to know markets well and selects only truly special companies.
The firm’s portfolio in north America, Europe and the Asia-Pacific region includes over 70 companies with roughly 13,000 employees. Riverside completes acquisitions smoothly thanks to €2.5 billion in assets under management, more than 195 professionals in 19 offices, and longstanding relationships with partner lenders.
Current portfoLio CompanieS
gLoBaL empLoYeeS
riverSiDe offiCeS CountrieS CovereD BY riverSiDe
aSSetS unDer management*
*aS of 30/09/2010
6 7
ASIA-PACIFIC GRoWTh2010 Year in review
Riverside expanded to the Asia-Pacific region by establishing the Riverside Asia-Pacific Fund (RAF) and opening its first Asian office in Tokyo, Japan in 2007. The firm has since opened offices in Seoul, South Korea and hong Kong, China. In 2010, Riverside established its first Australian office in melbourne. The RAF portfolio includes five platform investments, with more working their way through the deal pipeline.
Riverside’s Asian efforts go beyond investments, however. Riverside has long recognised the value of adding resources in Asia to help its global portfolio source customers, providers and opportunities on a pan-Asian basis.
Riverside’s dedicated resources on the ground allow its 70+ global portfolio companies to successfully leverage opportunities in Asia, by working with them to tailor effective Asia-Pacific strategies. This can involve facilitating market research, providing manufacturing and sourcing advice, and sharing sales and distribution recommendations. These efforts have produced myriad successes for Riverside’s portfolio, including new factories, partnerships, acquisitions, and countless other benefits.
Riverside looks forward to deepening its presence in the Asia-Pacific region with both new deals and further expansion of its Asian operating strategy.
“The opening of our
Australian office fits our
business model, which
emphasises a local presence
backed by a powerful global
network of offices, professionals
and capabilities. It allows us to
clearly understand the markets
in which we invest, which allows
us to capitalise on possibilities
whenever and wherever they
may arise.”
Stewart KoHL, riverSiDe Co-Ceo
www.riverSiDeeurope.Com partnerSHip . growtH . integritY
After completing more than 245 transactions since 1988, Riverside is a well-established generalist investor. however, the firm also recognises the importance of developing specialties in several sectors where it has built a wealth of experience.
Riverside has developed extensive experience in select industries, and has built teams of experts to focus on healthcare, education and training, clean technology, franchising and software. Riverside’s intense focus allows the firm to see more deals in these select industries, then evaluate them more effectively, and bid on them more quickly. After purchase, these industry specialisation experts bring decades of executive experience in their respective industries to provide crucial advice, skill and guidance that drives growth at portfolio companies, captures potential, and helps source and integrate add-on opportunities.
HealthcareRiverside seeks products or services centred on patient preference, improving quality of care, or taking cost out of the healthcare system. healthcare is Riverside’s most active specialisation, with 50+ acquisitions to date.
education and trainingRiverside is a sophisticated education and training investor, having made more than 20 investments in the segment. Some of the firm’s most-successful investments, including its largest gain ever with the sale of ATI Enterprises, a post-secondary career training provider, have come through its expertise in adding value to education and training companies.
Clean technologyAs environmental regulations and concerns escalate globally, Riverside anticipates strong growth in alternative energy and energy efficiency markets. Riverside is expanding its targeted efforts to invest in clean technology and energy efficiency companies, which has already produced several successful exits, including danish oil services company Welltec.
franchisingFranchises can provide virtually any service imaginable. Though a widely varied field, Riverside’s long experience in franchising helps the firm understand common challenges and capitalise on the compelling opportunities that successful franchises offer, such as recurring fee revenues and broad expansion potential.
SoftwareAs innovations in technology continue, the development of specialised software represents an attractive area of growth. Past and current Riverside software investments typically help companies control costs while enhancing productivity, efficiency and customers’ experiences.
Riverside believes strong specialisations are a critical element in the future of the firm. As new and diverse opportunities present themselves, Riverside will continue to evolve and develop specialities to achieve deeper industry knowledge and to successfully compete in global markets.
“We do all kinds of deals, but by being specialised and focused in select areas, we gain a better understanding of transactions we are considering, as well as more credibility with management teams; this extra horsepower at the smaller end of the middle market separates us from the pack in areas with strong growth potential.” pam HenDriCKSon, riverSiDe Coo
2010 Year in review
SPECIALISEd InvESTInG
2010 ACqUISITIonS2010 Year in review
pLatformS
retail zoo Acquired: April 2010 Location: Australia
mansell group Acquired: April 2010 Location: United States
naKaAcquired: may 2010Location: Japan
mLCoaAcquired: may 2010Location: Australia
tropikalAcquired: July 2010Location: Turkey
the arena groupAcquired: September 2010Location: Italy
the Lumen Dynamics groupAcquired: october 2010Location: Canada
g&H wire CompanyAcquired: december 2010Location: United States
Sunrise windowsAcquired: december 2010Location: United States employment Law training Acquired: december 2010Location: United States
DiSa, inc.Acquired: december 2010Location: United States
orlimanAcquired: december 2010Location: Spain
aDD-onS
advocate medical Services [activStyle]Acquired: January 2010Location: United States
positive options [Crisis prevention institute]Acquired: march 2010Location: United States
reed Business information [media Source]Acquired: march 2010Location: United States
eska implants [Summit medical Limited]Acquired: April 2010Location: Germany
Lewis Computer Services [HeaLtHCarefirst]Acquired: June 2010Location: United States
proSchools [onCourse Learning]Acquired: June 2010Location: United States
Celvitae Biomedica [Crioestaminal]Acquired: July 2010Location: Spain
orthomed [the Summit medical group]Acquired: october 2010Location: France
whatCounts [the mansell group]Acquired: december 2010Location: United States
perkins products [Du Bois Chemicals]Acquired: december 2010Location: United States
Carefacts [HeaLtHCarefirst]Acquired: december 2010Location: United States
“Despite a tough time all round, Riverside has remained consistently active in the pan-European market over the past 18
months. In 2010 they acquired and exited several investments and due to successfully
raising new funds, are well positioned to continue this pace into 2011 and beyond.”
JuLian tunniCLiffe, LinCoLn internationaL LLp managing DireCtor
8 9
ACqUISITIon hIGhLIGhTS2010 Year in review
retaiL zoo Acquired: April 2010 Location: Australiawww.boostjuicebars.com
CompanY Retail Zoo is the holding company that owns boost Juice bars and majority stake in Salsa’s Fresh mex Grill. boost Juice bars was born in 2000 in Australia, when mum of three, Janine Allis, decided there was a lack of healthy options available for her family. The first store opened in Adelaide, and over the following 10 years more than 250 stores have opened throughout Australia and the rest of the world.
inveStment rationaLe
• Market leader in juice and smoothie market in Australia
• Emerging leader in growing Mexican food segment
• Meaningful domestic and international growth prospects
www.riverSiDeeurope.Com partnerSHip . growtH . integritY
retaiL zoomeLBourne, auStraLia
manSeLL group Acquired: April 2010 Location: United Stateswww.mansellgroup.com
CompanY mansell Group’s principal service is web-based e-mail marketing through a software-as-a-service platform. The company also does SmS mobile marketing, broadcast voice messaging, database management, customer intelligence, and online lead generation services.
inveStment rationaLe
• Strong growth and attractive market trends
• Base of recurring revenue
• Significant opportunity to acquire add-on investments
• Compelling value proposition for customers and base of recurring revenues
“What a great way to get
started investing in
Australia. Retail Zoo is a
high-profile company that’s
enjoyed a great track record
of success. We look forward to
working with the Retail Zoo
team to make the company even
bigger and better.”
Simon feigLin, riverSiDe partner
10 11
tHe Lumen DYnamiCS groupAcquired: october 2010Location: Canada www.ldgi.com
CompanY The Lumen dynamics Group (LdG) specialises in developing high-intensity Uv illumination and curing products by leveraging a unique portfolio of patented technologies and processes that use arc lamp, radiometry and light-emitting diode (LEd) technology. LdG had previously been a part of the Life Sciences and Industrial division of EXFo, Inc., a publicly traded Canadian corporation.
inveStment rationaLe
• Market leader with established brands and differentiated technology offering
• Proven technology development and commercialisation processes
• Strong customer retention and repeat revenues
tHe arena groupAcquired: September 2010Location: Italywww.arenainternational.com
CompanY Founded in 1973, Arena creates and markets waterwear products for competitive and recreational swimmers, and it is recognised as one of the premium brands for high-quality swimwear and equipment. A worldwide player in the competitive waterwear segment, with 2009 net sales of roughly €100 million, Arena distributes its products in over 100 countries.
inveStment rationaLe
• Stable business in a niche, non-cyclical industry
• Leading brand in waterwear sports market in France, Italy and Germany
• High barriers to entry due to technological knowhow in racing swimwear
tHe arena grouptoLentino, itaLY
“We are extremely
confident towards the
future, as we truly believe
that Riverside will be an
outstanding partner, able to
support Arena in its aim to
become the global leader
in the the waterwear sports
market.”
CriStiano portaS, arena group Ceo
www.riverSiDeeurope.Com partnerSHip . growtH . integritY
CREATInG LASTInG vALUE2010 Year in review
Riverside begins adding value as soon as it invests in a company, and strives to leave companies poised for even more success upon exit. The results of the firm’s operating intensive approach are clear: In its 23-year history, Riverside has grown EbITdA by an average of over 24% for all portfolio companies. This focus on growth has in turn resulted in a 53% gross IRR and a 3.5x cash-on-cash return for investors through the firm’s 61 lifetime exits.
Riverside’s talented operating team of 25 professionals worldwide improves portfolio companies from the time of due diligence all the way through to exit. Riverside does this by adding new products, services, markets and talent to portfolio companies. The operating team also digs deeper, professionalising and improving processes like financial reporting, marketing and sales. Riverside boosts the effectiveness of management teams by giving them access to ongoing training and education resources through Riverside University.
Add-on acquisitions, which maximise benefits through synergies and additional customers, talent and products, are another key growth driver. more than 100 of Riversides 245+ lifetime investments have been valuable add-on acquisitions that clearly amplify performance at exit. of Riverside’s 61 exits, the gross cash-on-cash return for the 33 companies with one or more add-on was 3.7x while the return for the other 28 was 2.9x.
This operating expertise and commitment helped steer Riverside portfolio companies through the worst of the global economic crisis. by focusing on value rather than leverage, Riverside’s team helped portfolio companies realign strategies and prosper at a time when others had to fold.
The Riverside operating team’s tireless efforts and constant monitoring reduces risk and creates EbITdA. It’s all part of Riverside’s commitment to build shareholder value the right way.
“Thanks to the involvement
of the operating team and strong
management cooperation, we
were able to drastically improve
performances at Agens: in
terms of EBITDA, from negative
to more than €7 million, and
company value from zero to €40
million. This is a prime example
of our ability to intervene in
a troubled situation and fix
the issues using our model of
operational excellence - a model
that we apply consistently
in each of our portfolio
companies.”
faBio peSiri, riverSiDe operating partner
riverSiDe LeaDerSHip Summit 2010
12 13
2010 EXITS2010 Year in review
entrixAcquired: February 2003Exited: June 2010
teufel Speakers gmbHAcquired: october 2006Exited: July 2010
veritextAcquired: August 2005Exited: July 2010
Commonwealth Laminating & CoatingAcquired: April 2006Exited: August 2010
whitney automotive groupAcquired: June 2002Exited: August 2010
Computer pressAcquired: June 2005Exited: September 2010
Stoffel SealsAcquired: october 2004Exited: September 2010
Hardware resourcesAcquired: october 2004Exited: november 2010
maverickAcquired: September 2004 Exited: december 2010
gti DiagnosticsAcquired: July 2008 Exited: december 2010
the Dwyer groupAcquired: october 2003Exited: december 2010
“A heartfelt thanks to The
Riverside Company for
believing in our Code of
Values, for investing in our
business, for supporting the
acquisition of additional
franchise brands, for assisting
us in the improvement and
expansion of our corporate
headquarters and for being
the right partner at the right
time.”
Dina DwYer-owenS, DwYer Ceo anD CHairperSon
2010 exitS: ComBineD groSS irr
2010 exitS: ComBineD groSS CaSH-on-CaSH return
www.riverSiDeeurope.Com partnerSHip . growtH . integritY
veritextveritext provides court-reporting services to law firms, insurance
companies, and corporations.
Acquired: August 2005
Exited: July 2010
KeY StatiStiCS: • 5.1x Gross Cash-on-Cash Return
• 38% Gross IRR Riverside grew veritext aggressively through the acquisition of 13 strategic add-ons, which were integrated rapidly and benefited greatly from veritext’s reputation in the market and its strong infrastructure. Additionally, the add-ons deepened veritext’s penetration of existing markets and helped increase revenue by adding customers that required veritext for large, complex and costly cases. Riverside also helped the company develop its infrastructure, technology, capabilities, and expertise. The net result of these efforts was consistently strong organic growth throughout the ownership period. by doubling its national sales force under Riverside’s ownership, veritext gained new blue-chip clients while deepening existing relationships. Strategically, Riverside helped veritext to increase revenues by expanding services, capturing more complex, high-end litigation, and introducing value-added technical services and features, such as an online database that provides easier access to the company’s extensive library of transcripts.
teufeL SpeaKerS gmBH BerLin, germanY
EXIT hIGhLIGhTS2010 Year in review
teufeL SpeaKerS gmBH Teufel is a berlin-based industry leader in the design, development and direct sale of audio and speaker systems, with a pure eCommerce business model. Acquired: october 2006 Exited: July 2010
KeY StatiStiCS: • 6.5x Gross Cash-on-Cash Return
• 61.6% Gross IRR After almost four years of successful ownership, Riverside sold
berlin-based Teufel to hgCapital. At the time of purchase,
Riverside recognised the opportunity to acquire an attractive,
privately owned company with strong growth prospects
supported by the positive market dynamics. With the support
of Riverside, Teufel expanded its portfolio and began to
successfully sell into other European countries outside of its
core market in Germany. Through the implementation of a
succession plan with Thorsten Reuber, the CEo who started
shortly after acquisition, Riverside worked with management
to more than double Teufel’s earnings in this period, from €16
million to €41 million. The number of employees also tripled
from 26 to 72, reflecting the true growth in the business.
“Teufel is a success story for
all parties involved. The
management of the company
has developed a very dynamic
business and the offering to
Teufel’s customers is now more
comprehensive than ever before.
The Teufel case is a great
example on how private equity
can add value to small/mid-cap
companies.”
voLKer SCHmiDt, riverSiDe partner
14 15
gti DiagnoStiCSGTI diagnostics develops, manufactures and markets specialty
test kits for the in vitro diagnostics industry.
Acquired: July 2008
Exited: december 2010
KeY StatiStiCS: • 2.6x Gross Cash-on-Cash Return
• 46% Gross IRR
during its ownership period, Riverside concentrated on
improving GTI’s sales, and boosted its presence in Europe,
Australia and Asia while expanding the company’s product
offerings and growing organically. GTI also benefited from
Riverside’s operational expertise, which helped improve the
company’s profitability, improved inventory control, reduced
working capital requirements, and optimised pricing.
CommonweaLtH Laminating & Coating virginia, uniteD StateS
CommonweaLtH Laminating & CoatingCLC designs, manufactures and distributes window film for the
automotive, residential and commercial markets.
Acquired: April 2006
Exited: August 2010
KeY StatiStiCS: • 10.0x Gross Cash-on-Cash Return
• 68% Gross IRR
Riverside purchased CLC in April 2006, and during its hold
period supported management in a number of initiatives that
drove rapid organic growth. Under Riverside’s stewardship,
CLC made capital investments that significantly boosted the
company’s production capacity and invested in a new dyed
film line that improved product quality and strengthened the
company’s competitive position. The company expanded
its international presence during Riverside’s ownership period
by opening three new international distribution centres and
relocating a fourth. during this time, CLC also expanded
its product line, most notably in flat glass applications in
residential and commercial buildings.
“Riverside played
a crucial role in a
remarkable expansion at
CLC that allowed us to take
market share and prepare
for the future in the midst
of one of the worst economic
downturns in modern
history.”
StepHen pHiLLipS, CLC preSiDent anD Ceo
www.riverSiDeeurope.Com partnerSHip . growtH . integritY
ChALLEnGES And ChAnGE2010 Year in review
Since the beginning of the global economic crisis, the private equity industry has experienced worldwide efforts to implement additional regulatory measures. This regulation aims to mitigate a number of perceived risks within the sector, including excessive leverage and risk-taking, lack of investor protection, market abuse and conflicts of interest, and social imbalances.
From the outset, Riverside has embraced the opportunity to be part of this process and is well prepared to comply with all new regulations. The firm has proactively assumed senior industry leadership roles in Europe, worked with the U.S. Congress, and joined key private equity organisations internationally. Riverside is proud of its way of practising private equity, and has been pleased with the opportunity to add its voice of support for the private equity industry. The firm supports the global monitoring of the industry, increased transparency and the overall need for the industry to become less private as it matures.
Riverside believes in growth. With this in mind, the firm continues to stress the importance of small- to medium-sized enterprises and their critical role in sustaining and growing economies globally. Increased regulation and monitoring must recognise private equity’s role in sponsoring and promoting growth and should not inhibit the ability for companies to access stable, affordable financing. This objective must be kept in mind as new regulation is implemented at the practical level globally.
Ultimately, Riverside welcomes the conclusion of regulation discussions so that critical investment can continue at pace.
Lifetime exitS
Lifetime: 53% ComBineD groSS irr
Lifetime: 3.5x ComBineD groSS CaSH-on-CaSH
“Two important things
stood out this year: First,
deal volumes started to climb
again and the private equity
industry showed that it is still
in business and can be a very
relevant force in reigniting
economic growth. Secondly,
we became a regulated
industry both in Europe and
and the USA. Now it’s time to
look forward.”
tonY CaBraL, riverSiDe managing partner
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16 17
FUnd ACTIvITy 2010 Year in review
In 2010 Riverside put €192 million to work on behalf of its investors, and returned €440 million - making it the second year in a row and the fifth time in the past six years that Riverside has returned more money than it has invested. Riverside’s 11 exits generated a 3.0x gross cash-on-cash return, including eight exits that achieved over 2.5x gross cash-on-cash return.
Riverside invests through four fund families around the world:
• riverside Capital appreciation fund (rCaf) invests in north American-based platform companies with EbITdA of $5 million to $20 million.
• riverside europe fund (ref) invests in leading companies throughout Europe with EbITdA of between €3 million to €20 million.
• riverside micro-Cap fund (rmCf) seeks fast-growing U.S.-based “micro” companies with up to $5 million in EbITdA.
• riverside asia-pacific fund (raf) targets the developed economies of the Asia-Pacific region, focusing on companies with less than $10 million in EbITdA.
in 2010, riverside celebrated the closing of the following funds:
• Riverside Europe Fund IV (REF IV) – Closed at €420 million, a 31% increase from the previous vintage. Investors included existing and new LPs from Europe, the U.S. and Asia-Pacific, and included pension funds, asset managers and family offices.
• Riverside Asia Fund I – Inaugural Asia fund closed at $28 million, and has already invested over $70 million in five platform companies using both fund capital and co-invest.
As the market continues to thaw, Riverside will leverage its global presence and €2.5 billion under management to pursue attractive investment opportunities throughout north America, Europe and developed Asia-Pacific economies.
0%
-5%
5%
10%
15%
20% 10-Year return CompariSon
All figures as of 31 december 2010 unless otherwise stated.
“Riverside is well-known in the limited partner community as one of the premier middle market private equity managers.
As a repeat investor in Riverside funds, CFIG recognises the Riverside team as an
experienced manager that adds value to its portfolio companies and consistently
delivers strong returns to its clients.” KeLLY wiLLiamS,
managing DireCtor anD HeaD of tHe CreDit SuiSSe CuStomizeD funD inveStment group
www.riverSiDeeurope.Com partnerSHip . growtH . integritY
The results have been impressive; group annual turnover for 2010/2011 is projected
to be £29.3 million which represents growth of 60% from the prior year.
2010 Year in review
CASE: SUmmIT mEdICAL GRoUP
Acquired by Riverside in 2008, Summit medical Group focuses on orthopaedics and infection control and has a strong reputation in implants, disposable accessories and blood management. Its products include cement mixing devices, autologous blood transfusion and wound drainage devices, disposable anti-bacterial hospital privacy curtains, specialist implants used in knee and hip replacements and soft-tissue repair products.
In April 2010, Riverside completed the strategic add-on of ESKA orthodynamics Gmbh to the group. This acquisition increased Summit’s international presence and export activities while enhancing its product offering.
The add-on of orthomed in october 2010 further strengthened Summit’s product portfolio, reinforcing its research and development capabilities and providing an entry point for the wider range of Summit products into emerging markets like brazil.
In addition to acquisitions, Riverside has helped implement operating improvements, restructure the sales organisation, continue product innovation and accelerate organic growth, mostly through new exports.
The Summit Medical Group exemplifies Riverside’s approach to adding value to mid-sized firms.
18 19
ConTACT US2010 Year in review
uniteD StateS of ameriCa
atlanta 2746 dover RoadAtlanta, GA 30327United StatesT: +1 770 948 4256
Chicago4545 n. hermitage AvenueChicago, IL 60640United StatesT: +1 773 334 7518
ClevelandTerminal Tower50 Public Square, 29th FloorCleveland, oh 44113United StatesT: +1 216 344 1040
Dallas3131 mcKinney AvenueSuite 160dallas, TX 75204United StatesT: +1 214 871 9640
Los angeles1453 3rd Street PromenadeSuite 305Santa monica, CA 90401United StatesT: +310 499 5080
new York45 Rockefeller Centre,630 Fifth Avenue, Suite 2400new york, ny 10111United StatesT: +1 212 265 6575
San francisco455 market Street Suite 1520San Francisco, CA 94105United StatesT: +1 415 348 9560
europe
Brussels, Belgium7. Avenue Lloyd Georgeb-1000 brusselsbelgiumT: +322 626 21 21
Budapest, Hungary1015-budapestbatthyány u. 49. hungaryT: +361 224 9050
Luxembourg, Luxembourg46A, Avenue J.F. KennedyL-1855 LuxembourgLuxembourgT:+ 352 271729 1
madrid, SpainSerrano 120-3°dcha28006, madridEspañaT:+34 91 590 1337
munich, germanyAlter hof 580331 münchendeutschlandT:+49 89 242 248 90
prague, Czech republicváclavské náměstí 832/19110 00 Praha 1 Česká RepublikaT:+420 224 890 166
Stockholm, Swedenblasieholmsgatan 4A114 48 StockholmSverigeT: +46 8 545 0 3030
warsaw, polandul. Zielna 37/c00-108 WarszawaPolskaT:+48 22 320 4820
aSia
Hong Kong, ChinaTimes SquareRoom 2912 Shell Tower1 matheson StreetCauseway bay, hong KongChinaT: +85 2 2159 7492
Seoul, South Korea21FL, Seoul Finance CenterTaepyeongro 1-ga, Jung-gu100-768 SeoulSouth KoreaT: +82 2 3782 6820
tokyo, JapanLevel 9, Kamiyacho Prime Place4-1-17, Toranomon, minato-kuTokyo 105-0001 JapanT: +81 3 5408 1230
auStraLia
melbourne, australiaLevel 35, 140 William Streetmelbourne vIC 3000AustraliaT: +61 3 9678 9145offiCeS, in 13 CountrieS aCroSS 4 ContinentS
YearS experienCe
empLoYeeS
“We will continue to evolve. Because the world demands it. Because the race never ends. And because it is fun and rewarding - for you and for us.”BéLa SzigetHY, riverSiDe Co-Ceo
© The Riverside Company 2011. Riverside and The Riverside Company are trademarks or registered trademarks of Riverside Partners L.L.C. in the USA and other countries and may not be used without permission. Although Riverside uses reasonable efforts to obtain information from reliable sources, Riverside makes no representation that the information or opinions contained in this brochure are accurate, reliable, complete or up to date, and such information and opinions are subject to change without notice. Information regarding the past performance of Riverside’s portfolio companies is not necessarily indicative of future results, and there can be no assurance that Riverside will achieve comparable results
on subsequent investments.