Riomar Capital, LLC (“Riomar Capital”) announced today that it has completed fundraising and turned its focus toward the search for a private company to acquire and operate.
Riomar Capital is seeking a well-established private company with revenues of $10 million to $30 million, a history of growth and profitability, and a strong reputation within its industry. Riomar Capital has a long-term investment horizon, with a strategy focused on active management, sustainable growth and long-term value creation.
The firm was founded by Clayton Collins, who previously worked in the Mergers & Acquisitions group with RBC Capital Markets in New York. Prior to RBC, Mr. Collins was Vice President of National Sales and Marketing at Citigroup.
Following the acquisition, Mr. Collins will assume a senior leadership role within the acquired company and will work with the management team to grow the business. Riomar Capital is focused on companies in the business services, information services and niche media, and financial services industries located in the United States.