ePrivacy and GPDR Cookie Consent management by TermsFeed Privacy Generator Riverside Leads Significant Investment in Australian Events Management Software  Provider EventsAIR

Riverside Leads Significant Investment in Australian Events Management Software  Provider EventsAIR

12th April 2022

Riverside Leads Significant Investment in Australian Events Management Software  Provider EventsAIR 

Global Firm Targets International Expansion with Latest Investment 

 

 

The Riverside Company, a global private equity firm, has invested in EventsAIR, an  Australian events management software solutions provider for in-person, virtual and hybrid  events. Additional investors taking part include EventsAIR’s founder, Trevor Gardiner, several other members of the management team, and incoming CEO Matthew Donegan Ryan. This substantial investment in EventsAIR is one of the largest ever in a private  events technology company. 

 

EventsAIR, headquartered in Brisbane, 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.

 

EventsAIR customers include professional conference organizers, industry associations,  corporations and educational institutions, such as Reed Exhibitions, the British Medical  Association, Sanofi-Aventis, Telstra, California State University and the Australian  Department of Defence.

 

“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 Managing Partner Simon Feiglin. "In addition, we will further enhance the  management team." 

 

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. 

 

“Having quickly adapted to the challenges of the COVID-19 pandemic, EventsAIR is  ideally positioned to bring in a partner who can help accelerate our global growth ambitions,” said EventsAIR founder Trevor Gardiner. “We are delighted to be working with the Riverside team and look forward to this next exciting chapter in the company’s evolution.” 

 

Matthew Donegan-Ryan will be joining the business as CEO, effective April, 1 2022. Matthew 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. He will continue the momentum that Trevor Gardiner has  established after decades in the role as CEO. 

 

"I have followed EventsAIR for over a decade and am consistently impressed by the comprehensive breadth of its offerings. EventsAIR now has a market-leading position  serving the most complex in-person, hybrid and virtual events globally,” said Donegan Ryan. “I am thrilled to lead EventsAIR on the next phase of its evolution, collaborate with Trevor and the Riverside team, and support the industry for its exploding in-person  comeback.” 

 

The investment in EventsAIR is one more example of Riverside's dedication to the Software and IT industry. Since the firm’s inception in 1988, Riverside has invested in  more than 220 companies in this specialization and has a team of global experts dedicated  to growing these companies. 

 

Working with Managing Partners Simon Feiglin and Nick Speer on the transaction for Riverside were Principal Nicholas Pejnovic, Vice President Ash Sorrenti and Analyst Thomas Hermsen. Chris Ridd will act as the Operating Partner and Principal, Origination. Grant Marcks sourced the deal for Riverside.  

 

 

EventsAIR 

EventsAIR has been at the forefront of Event Technology and Innovation for over 30  years, continually pushing the boundaries of what an event management platform can do. Built by event planners for event planners, EventsAIR is a secure, scalable, cloud-based solution that manages everything from in-person, virtual to hybrid conferences, meetings  and events in a single online platform. In use globally by multi-national corporations,  professional conference organizers, government departments and education institutions, EventsAIR is also used in international congresses like G20, APEC, CHOGM and ASEAN,  and sporting events like The Olympic Games, World Rugby and Commonwealth Games.

Find out more about EventsAIR at - https://eventsair.com/

 

The Riverside Company  

The Riverside Company is a global private equity firm focused on investing in growing  businesses valued at up to $400 million. Since its founding in 1988, Riverside has made  more than 850 investments. The firm's international private equity and structured capital  portfolios include more than 140 companies.  

Find out more about The Riverside Company at - https://www.riversidecompany.com/

 

 

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