Riverside Australia: 15+ Years in the Australia and New Zealand Mid-Market
Riverside commenced its operations in Australia and New Zealand in 2009, building on its long history internationally of investing in the middle market. Riverside Australia specialises in acquiring controlling investments in market-leading companies headquartered in Australia and New Zealand with EBITDA up to A$25 million.
Riverside Australia Current Portfolio
Altius Group
- Invested
- March 2021
- Status
- Active
- Industry
- Healthcare, Business Services
- Region
- Asia Pacific
- Business Unit
- Riverside Australia
- Strategy
- Private Equity
Provider of occupational rehabilitation services, employee assistance programs, functional capacity assessments and therapy.
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Avance Clinical
- Invested
- November 2021
- Status
- Active
- Industry
- Healthcare, Business Services
- Region
- Asia Pacific
- Business Unit
- Riverside Australia
- Strategy
- Private Equity
Biotech-focused early phase contract research organization
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DINGO
- Invested
- June 2025
- Status
- Active
- Industry
- Software & IT
- Region
- Asia Pacific
- Business Unit
- Riverside Australia
- Strategy
- Private Equity
Provider of Predictive Maintenance solutions to asset-intensive industries
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EventsAIR
- Invested
- March 2022
- Status
- Active
- Industry
- Software & IT
- Region
- Asia Pacific
- Business Unit
- Riverside Australia
- Strategy
- Private Equity
Events management software for in-person, hybrid and virtual events
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Independent Living Specialists
- Invested
- April 2020
- Status
- Active
- Industry
- Healthcare
- Region
- Asia Pacific
- Business Unit
- Riverside Australia
- Strategy
- Private Equity
Provider of Medical and Home Care Equipment
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Smartways (1)
- Invested
- May 2021
- Status
- Active
- Industry
- Business Services, Healthcare
- Region
- Asia Pacific
- Business Unit
- Riverside Australia
- Strategy
- Private Equity
Provider of transport and logistics services to the medical and healthcare industries
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VITG
- Invested
- July 2024
- Status
- Active
- Industry
- Software & IT, Business Services
- Region
- Asia Pacific
- Business Unit
- Riverside Australia
- Strategy
- Private Equity
National IT managed service provider to businesses in a wide range of industry sectors
View ProfileRiverside Australia Past Portfolio
Alpha-H
- Invested
- April 2019
- Status
- Exited
- Industry
- Consumer Brands
- Region
- Asia Pacific
- Business Unit
- Riverside Australia
- Strategy
- Private Equity
Provider of corrective and preventive skin care
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Energy Exemplar
- Invested
- September 2017
- Status
- Exited
- Industry
- Business Services, Software & IT
- Region
- Asia Pacific
- Business Unit
- Riverside Australia
- Strategy
- Private Equity
Developer of simulation and modelling software for energy markets
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Hiway Group
- Invested
- September 2018
- Status
- Exited
- Industry
- Business Services
- Region
- Asia Pacific
- Business Unit
- Riverside Australia
- Strategy
- Private Equity
Provider of solutions for ground improvement
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Learning Seat
- Invested
- November 2012
- Status
- Exited
- Industry
- Education & Training, Business Services
- Region
- Asia Pacific
- Business Unit
- Riverside Australia
- Strategy
- Private Equity
Provider of online learning and compliance solutions
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MLCOA
- Invested
- May 2010
- Status
- Exited
- Industry
- Healthcare, Business Services
- Region
- Asia Pacific
- Business Unit
- Riverside Australia, Riverside Capital Appreciation
- Strategy
- Private Equity
Provider of independent medical assessments
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Retail Zoo
- Invested
- April 2010
- Status
- Exited
- Industry
- Franchisors, Consumer Brands
- Region
- Asia Pacific
- Business Unit
- Riverside Australia, Riverside Capital Appreciation
- Strategy
- Private Equity
Franchisor and operator of healthy quick-serve restaurants
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Simcro
- Invested
- July 2013
- Status
- Exited
- Industry
- Healthcare, Specialty Manufacturing & Distribution
- Region
- Asia Pacific
- Business Unit
- Riverside Australia
- Strategy
- Private Equity
Designer and manufacturer of animal health-delivery systems
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Waste Service Group
- Invested
- November 2016
- Status
- Exited
- Industry
- Business Services
- Region
- Asia Pacific
- Business Unit
- Riverside Australia
- Strategy
- Private Equity
Provider of solid waste collections and waste brokerage services
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Work Health Group
- Invested
- July 2015
- Status
- Exited
- Industry
- Healthcare
- Region
- Asia Pacific
- Business Unit
- Riverside Australia
- Strategy
- Private Equity
Provider of occupational rehabilitation case management services
View ProfileRiverside Australia's Differentiated Approach
Our investment approach, global expertise and highly experienced operating partners have helped us deliver value across an array of industries.
Case Study - Energy Exemplar
Energy Exemplar develops, sells and supports a suite of simulation and modelling software for energy markets.
Within the electricity market, the company serves customers ranging from government regulators, market operators and electric utilities across Europe, North America and the Asia-Pacific Region
Invested: 2017
Exited: 2024
How We Added Value
- Management
-
Strengthened leadership via recruitment of CEO, COO, CFO, Head of Europe Sales, Head of America Sales, Head of APAC Sales, Head of HR and Non-Exec Directors.
- Sales
-
Significant investment in a global sales team. Worked with CEO / CFO to transform a sales capability and develop a framework of KPIs used to better manage the business and identify opportunities to drive growth
- Research & Development
-
Established a development center in India to expand access to high quality R&D talent and accelerate product roadmap.
- Vision
-
Set the strategic agenda via an all-inclusive growth workshop immediately post-investment with external advisers.
- Geographies
-
Assisted with market entry into new geographies and new regulatory environments (e.g., Japan, Latin America).
- Pricing
-
Developed value-based pricing in collaboration with domain experts.
- Cloud Transition
-
Developed and launched cloud and insights offerings as the business was originally focused on-premise.
- Mergers & Acquisitions
-
Undertook a transformational cross-border add-on of EPIS, one of EE’s largest North American competitors, within three months of our partnership.
The Riverside Australia Team
Simon Feiglin
Managing Partner
Melbourne
+61 3 8672 2000
Nicholas Pejnovic
Partner
Melbourne
+61 3 8672 2017
Kevin Xu
Principal
Melbourne
+61 3 8672 2010
James Elsom
Principal
Melbourne
+61 3 8672 2053
Ash Sorrenti
Vice President
Melbourne
+61 3 8672 2007
Jenny Guo
Vice President
Melbourne
+61 3 8672 2018
Hannah Davies
Associate
Melbourne
+61 3 8672 2087
Lucas Froude
Associate
Melbourne
+61 3 8672 2097
Edward McManus*
Senior Operating Partner
Melbourne
* independent contractor and not an employee of the Riverside Company
Madeleine Coco
Senior Associate
Melbourne
+61 3 8672 2054
Steven Spiteri
Operating Partner
Melbourne
+61 3 8672 2004
Elizabeth Prendergast
Director, Responsible Investing
Melbourne
+61 3 8672 2005
"At Riverside Australia, we are deeply committed to ESG principles that reflect the values and priorities of the local market. As a responsible capital partner, we strive to invest in ways that preserve and enhance our natural resources, support local communities, and contribute meaningfully to societal progress. We are proud of our ESG targets and initiatives, which align with Australia’s evolving sustainability standards and investor expectations.”
- Elizabeth Prendergast, Director, Responsible Investing
