Riomar Capital Initiates Search for Potential Acquisitions
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, 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.…
Graue Mill Partners, LLC today completed its investment commitment in Riomar Capital, a Search Fund led by Clayton Collins and managed out of New York City. Clayton is a graduate of the Duke University’s Fuqua School of Business and most recently had been a mergers & acquisitions banker with RBC Capital Markets. He joins a growing portfolio of high quality searchers who have partnered with GMP to identify and acquire attractive smaller mid-market businesses with extraordinary growth potential but whose ownership would benefit from rejuvenated transition.
“The biggest value you get with a search fund is that the funder is committing nearly everything to the company. The funder will spend nearly all his time on the company, most likely move for the company, and be effectively just as dedicated as the original owner-operator. It is hard to match that kind of…