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DENVER, Sept. 27, 2018 (GLOBE NEWSWIRE) -- The Denver-based private equity firm has joined forces with three experienced investment professionals to launch its newest platform --- software growth equity in Bow River’s Rodeo Region. Industry veteran John Raeder will chair the investment committee. John’s long-term colleagues David Walters and David Ramich have also joined the initiative. In contrast to venture or seed investing, growth equity targets software businesses with existing clients that generate annual recurring revenue (“ARR”) and are typically EBITDA breakeven to slightly positive.
About Bow River Capital
Founded in 2003, Bow River Capital (“Bow River”) is a private alternative asset management company based in Denver, Colorado, with buyout, real estate and energy fund platforms. Bow River’s platforms focus on the lower middle market across a geographic area referred to as Bow River’s Rodeo Region®, which encompasses the Rocky Mountains and surrounding states. Collectively, Bow River has deployed capital into diverse industries, asset classes and across the capital structure.
Bow River Capital Contact
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/f53c40fa-0ded-45d4-ac78-aac47a41df12