Riveron Consulting Has Been Recapitalized By PineBridge Structured Capital
7 Mile Advisors Acted As Financial Advisor To Riveron Consulting In Its Recapitalization With PineBridge Structured Capital
7 Mile Advisors acted as financial advisor to Riveron Consulting, LLC (“Riveron”) in connection with its recapitalization with PineBridge Structured Capital (“PineBridge”). The transaction further strengthens Riveron’s leadership position with middle-market and private equity clients in the consulting sector focused on transaction, financial and business advisory engagements.
7 Mile Advisors led Riveron through the evaluation of several investment alternatives focused on the recapitalization of existing investors with additional investment capability to accelerate future growth. The flexibility of PineBridge’s investment structure was key to the formation of a strategic partnership suitable to a rapidly-growing company like Riveron.
Regarding the transaction, Justin Steil, a Senior Vice President in PineBridge’s Structured Capital group said, “we are thrilled that Riveron has chosen us to be their partner in this next stage of the company’s growth. Riveron, from our perspective, delivers highly-tailored, value-added consulting services to a large and diverse client base, while offering its employees an opportunity to meaningfully contribute to the firm’s continued success.”
In response to the process and new strategic partnership, Landon Smith, CEO of Riveron Consulting stated that, “PineBridge has been exceptionally thoughtful and professional in their approach to understanding Riveron. We are very excited to partner with them and are confident their support will only enhance our ability to deliver exceptional service to our clients and continue to drive growth for our people and business as we look to further expand Riveron’s footprint.”
About 7 Mile Advisors:
7 Mile Advisors is a boutique investment bank which enables clients to increase and unlock enterprise value. 7 Mile serves clients worldwide by addressing the transactional and strategic opportunities faced by middle-market companies, boards, and financial sponsors. The firm provides customized mergers & acquisitions, private placement and strategic advisory services. All securities transactions are executed by 7M Securities, LLC, member FINRA / SIPC. For more information, including research on the M&A markets, visit www.7mileadvisors.com.
About Riveron Consulting, LLC:
Founded in 2006, Riveron is headquartered in Dallas, Texas and has additional offices in Atlanta, Chicago, Denver, Washington D.C., Houston, and Minneapolis. The financial consulting firm specializes in serving a diverse set of middle-market private equity funds and companies growing through acquisitions. Riveron Consulting is not a CPA firm; however, most of Riveron’s principals have Big Four experience. Riveron’s mission is to help clients maximize the value of strategic and financial transactions through buy-side financial due diligence, sell-side services and post-transaction special projects. An intimate understanding of a broad range of industries including manufacturing, distribution, retail, financial services, technology, energy and many others allows Riveron consultants to go well beyond the mere numbers on a balance sheet or income statement to discover value. For more information, visit www.riveronconsulting.com.
About PineBridge Structured Capital:
PineBridge Structured Capital has a long history of providing customized, non-control junior capital solutions to privately-owned middle-market companies. The group’s approach is to be a flexible and constructive business partner to private business owners and financial sponsors, completing more than US $2 billion of structured capital, mezzanine and non-control equity investments in more than 70 companies since 2000.
PineBridge Investments is a global asset manager with experience in emerging and developed markets, and investment capabilities in multi-asset, fixed income, equities and alternatives. PineBridge Investments manages US $82.5 billion in assets as of March 31, 2016 for a global client base that includes institutions, insurance companies, and intermediaries. For more information, visit www.pinebridge.com.