Chicago Illinois based River Sea Network is raising $60,000,000.00 in New Equity Investment.
Chicago, IL – According to filings with the U.S. Securities and Exchange Commission, River Sea Network is raising $60,000,000.00 in new funding. Sources indicate as part of senior management Managing Partner, Jake Meister played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About River Sea Network
River Sea Network is an acquirer with committed capital to purchase contractor services businesses across the country. We have flexible capital, allowing us to both work with owners who want to continue to operate their business after a transaction in addition to owners who want to transition away from their business or retire. Following a transaction, we provide capital investment, strategic resources and human capital to help companies achieve their full potential. We are team players who believe that a culture of collaboration, shared ownership and aligned incentives create long-term success for all stakeholders. Our vision is to create a scaled platform of residential contractor services businesses throughout the United States. We allow operators to focus on serving customers, unburdened by the demands of running the commercial side of the business. We work closely with owners and staff to create a strong infrastructure and culture to manage all non-client facing functions. We draw on our own commercial expertise, along with a network of other experts and resources, to help our businesses grow. Our strategy calls for multiple businesses and owners to work together in the same geography. This allows for collaboration within the group from a management and best-practices standpoint. Our network allows owners to share resources for the benefit of the group.
To learn more about River Sea Network, visit http://riverseanetwork.com/
Contact:
Jake Meister, Managing Partner
312-420-7604
https://www.linkedin.com/in/jake-meister-b0617b54/
SOURCE: http://www.intelligence360.io
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