The Riverside Company Closes Value Fund II at $750 Million Hard Cap

CLEVELAND, NEW YORK and LOS ANGELES, July 17, 2025 (GLOBE NEWSWIRE) -- The Riverside Company, a global investment firm focused on lower middle market investments, announced the successful final close of its Riverside Value Fund II (RVF II) at its hard cap of $750 million. RVF II was significantly oversubscribed and closed at more than double the size of its predecessor fund RVF I, which held a final close in June 2023 at $350 million. RVF II closed the fund five months after its initial launch in February 2025.

The Riverside Value Fund (RVF) seeks to invest in North American businesses that compete in durable, growing end markets and that have the potential for significant growth and operational transformation. RVF provides flexible capital solutions to support businesses in transition or at an inflection point. The fund targets investments in a wide range of industries, and its current portfolio includes companies in the business services, specialty manufacturing, value-added distribution and financial services sectors, among others. The RVF team works closely with its management partners to implement aggressive top- and bottom-line growth plans for each of its portfolio companies.

"We ...