Riverside marks 50th Australia-NZ deal with Workbench International acquisition

What's the deal? The Riverside Company has acquired Workbench International, a deal that marks the global private equity firm's 50th investment in Australia and New Zealand. The transaction underscores Riverside's long-running commitment to the region, where it has built a significant portfolio over the years.

Riverside's Australia operations are led by founding partner Stuart Baxter.

Why now? Reaching the 50-investment milestone signals Riverside's sustained confidence in the Australian and New Zealand markets. The firm has steadily expanded its regional footprint, suggesting it continues to find attractive opportunities among smaller and mid-market companies in the area.

The signal: Global private equity firms are deepening their presence in Australia and New Zealand, viewing the region as a reliable source of deal flow outside the more crowded US and European markets. Riverside's half-century of deals there reflects a broader trend of international investors looking to the Asia-Pacific region for growth — particularly in the lower middle market, where competition from mega-funds is less intense.

Read more: riversidecompany.com