The Riverside Company, a global private investor focused on the smaller end of the middle market, has sold its portfolio company REPA to PT Holdings, a US distributor of repair and maintenance parts for the foodservice industry, backed by Berkshire Partners.
Riverside invested in REPA, a leading distributor of spare parts for professional foodservice customers in Europe, in October 2016. During the course of its investment, Riverside built REPA into a European market leader, with an expanding global footprint. In addition to continuous and organic growth, the company successfully acquired and integrated six add-on acquisitions in Italy, Spain, UK, Austria and Australia.
