2023-11-20 18:37:51
A Riverwood Capital, a leading investment firm dedicated solely to the growth and scalability of technology, today announced that it has closed approximately $1.8 billion in new capital commitments to invest in high-growth technology businesses globally. The closing coincides with the 15 years old birthday da Riverwood.
Riverwood has achieved $7.3 billion in value across all investments since its establishment, executing a consistent investment strategy focused on actively partnering with established technology companies as they seek capital and expertise to expand their customers, products and global presence .
Riverwood has made investments in more than 75 companies, each benefiting from secular technology trends such as digitalization, cloud, SaaS, AI and automation, big data and analytics, and is selected for its differentiated business, human capital and platform across multiple subsectors key, including cybersecurity, fintech, corporate IT, sales and martech, HR tech, edtech, among others. The company’s dedicated investment strategy and active partnership model have generated consistent performance through all economic cycles, with Riverwood’s portfolio increasing revenue by approximately 40% per year on average during its tenure.
“Since 2008, we have focused on a very attractive and growing market opportunity for mid-sized, high-growth technology companies, in which we can invest between $25 and $100 million and provide world-class operational resources and expertise to grow these businesses without the limitations and leverage the risks associated with traditional acquisition strategies,” said Jeff Parks, co-founder and managing partner of Riverwood Capital. “Having a concentrated portfolio of proven companies also allows us to take advantage of a high-growth profile, while aiming to avoid venture risks such as investing in untested business models and speculative product-market fit.”
“We are exclusively focused on business fundamentals and scaling from day one. Whether during the recent market peak in 2021, or as we look to deploy fresh capital in this new chapter, Riverwood has led with a different approach and value proposition than momentum-driven investors,” said Francisco Alvarez-Demalde, co-founder and managing partner of Riverwood Capital. “Our overall track record and decades of proprietary knowledge and scaling experience related to the technological, financial and operational needs of growth-stage companies have solidified Riverwood as a partner of choice for our investors and portfolio companies. We are grateful for the support we received from our investors from the beginning as we completed our largest fundraising to date.”
Riverwood’s fourth generation of financing exceeded its goals with a strong replenishment rate, with investments from leading institutions and prominent new investors, including some of the largest and most well-known pension and hospital systems, foundations, university endowments, global endowments, insurance companies, family offices and other world-class investors.
“We would like to express our gratitude to our investors who have recognized and continue to see value in Riverwood’s disciplined approach, and to the entire firm team and portfolio who have been instrumental in realizing our vision to create enduring, category-defining companies,” Parks added.
“The acceleration of technological transformation globally is undeniable, and we see a growing array of opportunities to partner with incredible teams to build fundamentally strong companies as we enter a balanced new era of technological growth,” concluded Alvarez-Demalde.
SOBRE A RIVERWOOD CAPITAL
Riverwood Capital invests in high-growth companies in the technology and technology-enabled sectors. Riverwood offers a unique combination of operational, strategic, technology and financial insights to portfolio companies that often need growth capital and expertise to expand on a global scale. The firm seeks to invest in established businesses with a proven technological and business model, and the appropriate fit in terms of culture and values. Riverwood was founded in 2008 and has had the opportunity to invest in and support over 75 companies since its inception, which has increased revenues by around 40% per year on average during this period. The firm has offices in Menlo Park, CA; Miami, FL; New York, NY; and São Paulo, Brazil. For more information access www.riverwoodcapital.com.
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Contact:
Caitlin Mitchell, Riverwood Capital
[email protected]
James Maloney, Tiger Hill Partners
[email protected]
Source: BUSINESS WIRE
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