When The Riverside Company ("Riverside") invested in athletic and recreational swimwear brand Arena in October 2010, it planned to make the company a global leader. Building on Arena’s reputation for product innovation, Riverside supported the development of new products and helped position the brand at the premium end of the market.
With Riverside’s assistance, over the next four years, Arena expanded into ten new countries, including the highly attractive US market, and substantially increased sales by developing an online platform. With Arena well positioned for further international expansion, Riverside sold the business in 2014 to Swiss private equity investor Capvis.
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