# Riverspan Partners

Riverspan Partners is a Private Equity based in Chicago, United States.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Chicago, United States
- **Region:** North America
- **Address:** 321 North Clark Street, Suite 940, Chicago, IL 60654, United States
- **Founded:** 2022
- **Assets under management:** Undisclosed
- **Website:** riverspan.com
- **LinkedIn:** https://www.linkedin.com/company/riverspanpartners

## Regulatory record

- **CRD number:** 320667
- **SEC file number:** 801-133703
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/320667

## About

Riverspan Partners is an SEC-registered investment adviser in Chicago, IL, registered since 2025. The firm manages approximately $339 million in assets. It has 13 employees and 10 investment advisers.

## Sectors

- Industrial Tech
- Chemicals & Materials
- Building Products
- Industrials Services
- Healthcare Manufacturing

## People

- John Gilligan — Co-Founder
- Dave Thomas — Co-Founder

## Questions

### Who runs investment decisions at Riverspan Partners?

Investment decisions are led by co-founders John Gilligan and Dave Thomas, whose shared history in consulting and industrial investing grounds the firm's strategic direction. No formal investment committee composition is publicly disclosed.

### What investment stages does Riverspan Partners target?

Riverspan executes buyout, growth, and public-to-private transactions. The firm targets industrial companies generating $5 million to $35 million in EBITDA, often at inflection points such as founder transitions or corporate carve-outs.

### Which sectors does Riverspan Partners focus on, and which does it avoid?

The firm invests solely within the industrials sector, naming areas of interest including Chemicals & Materials, Industrial Tech & Engineered Components, Building Products, Industrials Services, and Healthcare Manufacturing. It does not pursue consumer, software, or financial services opportunities based on its public positioning.

### How does Riverspan Partners source proprietary deal flow?

The firm sources from family- and founder-owned businesses, private owners, sponsor-backed companies, and public companies. Its proprietary angle relies on deep domain expertise and long-standing relationships within the industrials value chain rather than auction processes.

## Related profiles

- [RiverSource Insurance Company](https://altss.com/profile/riversource-insurance-company)
- [Riverstone Advisors](https://altss.com/profile/riverstone-advisors)

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Last updated: 2026-06-03T20:00:00.000Z

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