The Riverside Company has promoted two of its investment professionals to Partner. Partner Joe Manning works out of the firm’s Cleveland office and Steven Spiteri works in Riverside’s Melbourne, Australia office.
Mr. Manning first joined Riverside in 2006 and rejoined in 2011 after taking several years off to work at an international non-profit development firm and attend graduate school. He is the current lead on three platform investments, and has played a key role on a number of successful exited investments, including SaaS-based membership management software provider YourMembership and tankless water heater manufacturer Eemax. He also leads Riverside’s software and IT specialization efforts. Mr. Manning has his undergraduate degree from Miami University and his MBA from Northwestern University.
“We have extraordinarily high standards for our partners, and we’re excited to welcome Joe into this elite group,” said Riverside Managing Partner Loren Schlachet. “He has proven himself to be a savvy investor and someone who does the hard work required to keep companies growing and thriving.”
Mr. Spiteri joined Riverside in 2010 after working at Hastings Private Equity and KPMG Corporate Finance. He serves as one of the lead investors on four current platform investments and was a leader on the teams that helped make quick service food franchisor Retail Zoo and independent medical assessment provider MLCOA strong exits for Riverside. Mr. Spiteri has an undergraduate degree in economics and finance from RMIT University (located in Melbourne, Australia) and a graduate degree in Applied Finance from the Financial Services Institute of Australasia.
Riverside has more than 20 transacting partners globally, working across North America, Europe and the Asia-Pacific region. “Steven has been an incredible asset for our team,” said Riverside Managing Partner Simon Feiglin. “He has a keen understanding of the Asia-Pacific market and he’s a deeply talented investment professional. We’re grateful to have him.”
The Riverside Company is a global private equity firm focused on investing in and acquiring growing businesses valued at up to $400 million. Since its founding in 1988, Riverside has invested in more than 460 transactions. The firm’s international portfolio includes more than 80 companies. The firm is headquartered in New York with 16 additional US and international offices (www.riversidecompany.com).
© 2017 Private Equity Professional | March 23, 2017
