River Capital Announces Final Closing of River Capital Partners V
River Capital is pleased to announce the final closing of River Capital Partners V, L.P and affiliates. The fund, the firm’s fifth, will continue to primarily focus on the lower middle market. To date, River Capital has deployed approximately $100 million in sponsored and invested equity capital over the life of the firm.
River Capital is one of the oldest firms of its type in the Southeast and has acquired companies in a broad range of industries with combined annual revenues in excess of $600 million. River Capital primarily invests in light manufacturing, distribution and select service companies with purchase prices of $10 million to $50 million. For add-on acquisition candidates, the firm will consider companies with a purchase price less than $10 million.