Riviera Partners, Inc.

Riviera Partners, Inc. is a US-based executive search firm specializing in technology and product leadership recruitment for various industries, including finance, healthcare, and education. Founded in 2001 and headquartered in San Francisco, US, Riviera Partners, Inc. focuses on executive search and talent placement.

The firm was established by Ali Behnam, Mayank Makkar, and Michael Morell, with Mayank Makkar currently serving as CEO. The company has successfully executed 3 deals and recently completed a GROWTH funding round, raising USD 25. 00 mn led by Kayne Anderson Capital Advisors and ROCA Partners, matching the total amount raised to USD 25. 00 mn.

Riviera Partners specializes in executive search and talent placement, focusing on high-level roles in product management, software engineering, IT, artificial intelligence/machine learning, data science, cybersecurity, and design. They serve a diverse clientele, offering tailored recruitment solutions and managing the hiring process from consultation to candidate placement, ensuring the right talent aligns with client needs across North America, Europe, and Asia. Riviera Partners generates revenue through executive search placements and consulting services. They engage in B2B transactions, partnering with companies to secure top executive talent, deriving revenue from retained search agreements that involve upfront fees and contingent fees based on successful placements.

Their extensive experience includes over 850 placements at unicorns and late-stage companies, indicating a robust engagement model that supports high-value transactions. In the wake of their recent GROWTH funding round, Riviera Partners plans to leverage the USD 25. 00 mn raised to expand their services and reach new markets. The firm intends to launch new products that enhance their executive search capabilities, though specific details on release dates have not been disclosed.

Additionally, they are targeting geographic expansion into Europe and Asia by the end of 2024, aiming to connect with emerging tech hubs and increase their client base globally. Kayne Anderson Capital Advisors recently exited its stake in the company, but the strategic focus remains on solidifying their market presence and strengthening client relationships.