About This Fund
The Riverside Acceleration Capital Opportunity Fund II, L.P. (RAC Opportunity Fund II) is focused on providing growth equity investment capacity to support B2B software companies at their growth inflection points. The fund has closed at $235 million in capital commitments, allowing RAC to increase its investment capacity by more than four times. RAC specifically targets B2B software companies in the acceleration stage, providing flexible capital, growth royalty loans, advice, and operating resources through its Growth Advisory Program. The fund aims to support these software companies in systematizing growth, seizing expansion opportunities, scaling internationally, and realizing their potential. RAC's investments are targeted towards the technology sector, particularly B2B software companies that are experiencing rapid growth. The fund is focused on supporting entrepreneurs working to reshape business practices in their respective end markets. RAC is committed to fostering innovation and accelerating growth within the technology sector, and its multi-stage growth capital and Growth Advisory Program are designed to provide support to software companies at critical growth stages. The fund is part of The Riverside Company, a global investment firm with a focus on fueling transformative growth and creating lasting value for business owners and portfolio companies in the middle market. In terms of geographies, the fund's investments are not limited to a specific region or country, as it seeks to support B2B software companies globally. The types of businesses targeted by the fund are specifically B2B software companies in the acceleration stage, indicating a focus on companies that are experiencing rapid growth in the business-to-business software sector. Overall, the fund's target investments include B2B software companies in the acceleration stage, regardless of their geographical location, with a focus on providing flexible capital and operating resources to support their growth and expansion.