Aduro acquired Riedmiller and Associates (R&A), a boutique Venture Capital Fund Administrator known industry-wide for their high quality of service and team. The acquisition was effective January 15, 2021 and was part of a strategic initiative to increase Aduro’s portfolio and expand the Company’s presence within the Venture Capital community, as well as regionally in Southern California.
“This combination was natural due to similarities in culture, clients and operating style. The alignment shared by the organizations, coupled with the value add of Aduro’s FundPanel.io platform, enabled a smooth transition, while providing added benefit to R&A clients and team,” says CEO Braughm Ricke. “R&A built a well-respected practice, and we are proud to have their team members and clients on board.”
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