Transactions
Theme
Advised Minneapolis-based Riverbridge Partners on the sale of approximately 58% of the firm’s equity to London-based Northill Capital. With $4.0 billion of assets under management, Riverbridge manages small-, mid- and large-cap US equity growth portfolios on behalf of institutional and high net worth clients. The transaction with Northill will provide a succession plan for Riverbridge’s management team while allowing the firm to remain employee-owned and broaden its equity ownership to the next generation. The transaction is in line with Northill’s stated strategy to build a diversified portfolio of high quality investment businesses.