Global private equity firm The Riverside Company has invested in EventsAIR, an Australian events management software solutions provider.
This substantial investment in EventsAIR is one of the largest ever in a private events technology company.
Riverside will support EventsAIR with its international expansion plans around the globe and will drive the continued evolution of the product to maintain its market-leading features and functionality. Riverside will also selectively consider accretive M&A by targeting complementary event tech players or expanding into attractive adjacencies.
“Riverside views this investment as a highly compelling opportunity to build upon EventsAIR’s already impressive international footprint by targeting large and growing customer segments globally where the company has a clear competitive advantage,” said Riverside’s managing partner Simon Feiglin. “In addition, we will further enhance the management team.”
Additional investors taking part include EventsAIR’s founder, Trevor Gardiner, several other members of the management team, and incoming CEO Matthew Donegan-Ryan. Taking over from Gardiner, Donegan-Ryan brings deep event technology domain expertise and experience working with event planners, having worked in the industry for his entire career, including most recently at Hopin, Swapcard and Cvent.
Brisbane-headquartered EventsAIR develops software used before, during and after events to manage registration, attendee engagement, operations, housing, travel, marketing and communications. It has delivered more than 350,000 events across Asia-Pacific, EMEA and North America, for customers such as Reed Exhibitions, the British Medical Association, Telstra, and the Australian Department of Defence.
