Rising Sum: Riverside Drives Off After Another Successful Deal
Japanese Parking Company is the first exit from Riverside Asia-Pacific FundThe Riverside Company has completed the first exit from its Riverside Asia-Pacific Fund I (RAF I). The successful realization of Japanese coin parking lot operator Shinsouki comes after four years of steady organic and add-on growth following Riverside’s 2008 acquisition. Shinsouki is the largest operator of parking lots in Niigata City. Through the 2009 acquisition of MAOS, the company added a strong presence in Tokyo. Most of the lots the company operates are unmanned, and built on leased land in high-density