River Associates Investments

River Associates Investments (“River”) is a private equity firm based in Chattanooga, TN, that focuses exclusively on investing in the lower middle-market and has served as a financial sponsor partner for management teams for over 25 years. Target businesses can be privately held, private equity-backed, or divestitures from larger companies. River is opportunistic as to industry and has invested in numerous manufacturers, high margin distributors, industrial service providers and business service companies. The firm targets U.S. & Canadian companies typically with EBITDA in the $3-12 million range. Since its founding in 1989, River has initiated 80 transactions, many of which have been strategic add-on acquisitions to platform companies. The partners at River have collectively worked together for over one hundred years.

Brookshire, Michael D.

Partner

Mark Jones

Partner

9 past transactions

Pelco Products, Inc.

Acquisition in 2021
Pelco Products is an engineering company that designs and manufactures traffic signal hardware.

Presco

Acquisition in 2019
Presco is a manufacturer of commercial marking products and customized vinyl films. Since the company’s inception more than 75 years ago, it has been creating products for a variety of end markets including the electrical, plumbing, utilities, forestry, surveying, and irrigation industries.

GAHH LLC

Acquisition in 2018
GAHH is a designer, manufacturer, and marketer of aftermarket convertible tops, Jeep tops, seat covers and vehicle interiors. GAHH holds a leading market position with an estimated 65% share in the U.S. aftermarket convertible vehicle tops market, excluding Jeeps.

Premier Parking

Acquisition in 2017
Premier Parking is a technology-focused parking solution company that operates, manages and supports a wide range of industries such as commercial grade office buildings, mixed use facilities, sporting events, stadiums and arenas, valet and special event parking, and hospital and healthcare facility parking.

Double E Company

Acquisition in 2017
Double E is a premier manufacturer of highly-engineered components for web converting applications. Double E’s product offering includes critical wear components such as chucks, brakes, shafts, slitters, web guides, core cutters and roll movers. These products secure, straighten, apply tension, cut and move rolled raw materials through continuous manufacturing processes.

TMI International, LLC

Acquisition in 2014
TMI International, LLC supplies PVC strip doors, industrial strip doors, PVC curtains, air doors, air curtains, and PVC products

Intelliteach

Acquisition in 2012
Intelliteach was originally two complementary companies both servicing the legal industry. In 1987, CMS Management Solutions was established, focusing on assisting law firms and other professional services grow and manage their accounts receivable by offering accounting and financial support.

Industrial Magnetics

Acquisition in 2012
IMI is an industry leader in providing both permanent magnets and electromagnets for work holding, lifting, fixturing, conveying and magnetic separation. At IMI, our specialty is custom fabricating! We design, engineer and manufacture magnetic assemblies and magnetic separation devices for our customers' specific requirements, and take pride in the quality and performance of our products. With worldwide distribution through a combination of a direct sales force and manufacturers representatives, we strive to provide personalized service and innovative solutions to meet the exact needs of your application.

CMS

Acquisition in 2008
Cash Management Solutions provides revenue management services to the professional services industry. Through people, process, and proprietary software, CMS helps its client firms better manage their cash flow and increase profitability to the firm partners. Cash Management Solutions has provided services to over 600 firms from the top 10 US legal and accounting firms to smaller, regional firms.
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