A Midwest approach to private equity

About Us

River Black Capital is a Midwest based private equity firm acquiring companies with less than $30 million in revenue and $3 million in EBITDA. We seek businesses with rich histories and loyal employees where our expertise can add value and accelerate growth through geographic expansion and add-on acquisition. As experienced investors and past M&A advisors, we intimately understand the unique needs of small businesses and the importance of maintaining a company’s culture in the pursuit of growth. At River Black we deeply believe that a rising tide should lift all boats: when we succeed, all of the stakeholders involved should succeed.

River Black prefers partnering with existing ownership or management teams, but we are also equipped for full buy-outs in our defined core areas. As a family operated investment group, River Black’s portfolio investments benefit from flexible capital structures and patient time horizons.

If you are a business owner, intermediary, investor, executive, student, or anyone else who enjoys hard work, having fun, and giving back to your community– let’s get in touch and break bread.  

Investment Criteria

$3-30M

Revenue

< $3M

EBITDA

$500K-5M

Equity Per Deal

Flexible

Holding Period

River Black’s investment team and strategic partners have highly diverse backgrounds and skillsets. Made up of former business owners and professionals, we have an exceptional amount of operational and transactional experience that enables us to move quickly and freely in executing transactions and pursuing our strategic goals. River Black can support management teams with financial modeling and analysis, operational analysis, ERP, legal, accounting, cash management, sales and marketing, advisory board creation, and numerous other areas critical to success.   

Given our collective know-how, we are focused on platform investments primarily in business services, value-added distribution, and specialty or niche manufacturing located in the Midwest United States with an emphasis on Michigan and the Great Lakes region. Please contact us for more information regarding our current and past investments.

Situations

- Family or Founder Owned
- Succession Planning
- Recapitalizations
- Management Buyout
- Co-Investments

Characteristics

- Defensible Market Position
- Strong Margins
- History of Repeatability
- Growth Potential
- Fragmented Market

Industry Focus

- B2B & B2C Services
- Value-Added Distribution
- Niche Manufacturing

Core Areas

- Legal & Accounting Services
- Financial Technology
- Marketing & Digital Media
- Industrial Goods & Equipment
- Patent Monetization