PNC Erieview Capital Mergers and Acquisitions Summary

Mezzanine Finance Firm Profile

In the last 3 years, PNC Erieview Capital has acquired 11 companies. It has also invested in 4 others.

PNC Erieview Capital’s most common sectors for investment aredistribution (15%) and manufacturing (12%) . The Firm’s most common investment types include growth capital (33%) and recapitalization (24%). In total, PNC Erieview Capital has invested in 21 US states.

In the last 3 years, PNC Erieview Capital has exited 8 companies. The Firm’s most common exit type is secondary buyout (50%).

Join Mergr to view PNC Erieview Capital’s full profile and discover more middle-market mezzanine finance firm investors just like it.

M&A Summary

  • M&A Total Activity46
    • M&A Buy Activity34
    • M&A Sell Activity12
  • Total Sectors Invested 19
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 17

PNC Erieview Capital

1900 East Ninth Street, 17th Floor,
Cleveland, Ohio 44114
United States
(216) 222-3763
www.pnc.com/erieview/english/why-erieview.html

PNC Erieview Capital is a provider equity and junior capital to middle-market companies throughout the US and Canada. The Firm looks to support private equity sponsor-led buyouts and recapitalizations, non-sponsored buyouts, family office buyouts, and growth equity needs. PNC Erieview typically works with profitable companies (EBITDA greater than $5 million) valued from $20 to $250 million. Areas of interest include distribution, consumer products, healthcare, manufacturing, and services. The Firm was originally known as National City Equity Partners and was established in 1979. PNC Erieview Capital is based in Cleveland, Ohio.


Investment Criteria

Sectors of Interest: Agriculture, Business Services, Construction, Consumer Products, Consumer Services, Distribution, E-Commerce, Electronics, Energy Services and Equipment, Environmental, Healthcare Services, Manufacturing, Transportation

Target Transaction Types: Buyout (LBO, MBO, MBI), Growth Capital, Recapitalization, Secondary Buyout

Geographic Preferences: East US, Midwest US, South US, West US, Canada

Transaction Criteria Min Max
Target Revenue - -
Target EBITDA 5 -
Investment Size 5 50
Enterprise Value 20 250
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '18 '19 '20 '21 '22 '23 T
Buy (4.2/yr) # 13 6 3 5 4 3 34
Sell (1.8/yr) # 3 1 - 6 2 - 12
  46

Most Recent M&A

Company Date Value Type
Atlas Clinical Research 2023-04-12 - Buyout (LBO, MBO, MBI)
Rochester, New York
Worldwide Produce 2023-02-09 - Secondary Buyout
Los Angeles, California · www.wwproduce.com
RoadOne IntermodaLogistics, Inc. 2023-01-05 - Recapitalization
Randolph, Massachusetts · www.roadone.com
Coastal Construction Products LLC 2022-11-01 - Add-on Acquisition
Jacksonville, Florida · www.coastalone.com
Eskola LLC 2022-10-31 - Growth Capital
Morristown, Tennessee · www.eskolaroofing.com
Bond Orthodontic Partners 2022-07-17 - Growth Capital
Dallas, Texas · www.bondortho.com
Amazing Care Home Health Services, Inc. 2022-05-03 - Recapitalization
Aurora, Colorado · www.amazingcare.com
DecksDirect LLC 2022-01-18 - Buyout (LBO, MBO, MBI)
Minneapolis, Minnesota · www.decksdirect.com
Munch's Supply Co., Inc. 2022-01-11 - Add-on Acquisition
Hillside, Illinois · www.munchsupply.com
EnableComp LLC 2021-12-20 - Merger
Franklin, Tennessee · www.enablecomp.com
View All >>

M&A by Sector

Sector Current # Value All-time # Value
Distribution 3 (13%) - 5 (15%) -
Manufacturing 3 (13%) - 4 (12%) -
Business Services 1 (4%) - 3 (9%) -
Healthcare Services 3 (13%) - 3 (9%) -
Consumer Products 2 (9%) - 2 (6%) -
Consumer Services 2 (9%) - 2 (6%) -
Energy Services and Equipment 1 (4%) - 2 (6%) -
Environmental 2 (9%) - 2 (6%) -
Agriculture 1 (4%) - 1 (3%) -
Automotive - - 1 (3%) -
Chemicals - - 1 (3%) -
Construction 1 (4%) - 1 (3%) -
E-Commerce 1 (4%) - 1 (3%) -
Electronics 1 (4%) - 1 (3%) -
Medical Products - - 1 (3%) -
Safety/Security - - 1 (3%) -
Technology Hardware 1 (4%) - 1 (3%) -
Test/Measurement Equipment - - 1 (3%) -
Transportation 1 (4%) - 1 (3%) -
Total 23 - 34 -

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 23 (100%) - 34 (100%) -
  Tennessee 2 (9%) - 3 (9%) -
  Ohio 2 (9%) - 3 (9%) -
  California 2 (9%) - 3 (9%) -
  Texas 1 (4%) - 3 (9%) -
  Minnesota 2 (9%) - 2 (6%) -
  Massachusetts 2 (9%) - 2 (6%) -
  Georgia 2 (9%) - 2 (6%) -
  Utah 1 (4%) - 2 (6%) -
  Pennsylvania 1 (4%) - 2 (6%) -
  Virginia 1 (4%) - 1 (3%) -
  North Carolina 1 (4%) - 1 (3%) -
  New York 1 (4%) - 1 (3%) -
  New Jersey 1 (4%) - 1 (3%) -
  Michigan 1 (4%) - 1 (3%) -
  Kentucky 1 (4%) - 1 (3%) -
  Kansas 1 (4%) - 1 (3%) -
  Colorado 1 (4%) - 1 (3%) -
  Oklahoma - - 1 (3%) -
  Nebraska - - 1 (3%) -
  Missouri - - 1 (3%) -
  Illinois - - 1 (3%) -
Total 23 - 34 -

Acquisitions by Deal Type

Type Current # Value All-time # Value
Growth Capital 8 (35%) - 11 (32%) -
Recapitalization 6 (26%) - 8 (24%) -
Secondary Buyout 4 (17%) - 7 (21%) -
Buyout (LBO, MBO, MBI) 3 (13%) - 5 (15%) -
Add-on Acquisition 1 (4%) - 1 (3%) -
Consolidation - - 1 (3%) -
Divestiture 1 (4%) - 1 (3%) -
Total 23 - 34 -

Exits by Deal Type

Type Total # Value
Secondary Sale 6 (50%) -
Trade Sale 3 (25%) -
Trade Sale - Public Company 2 (17%) -
Merger 1 (8%) -
Total 12 -

M&A Connections

Deals
Acquired from
Investor(s)
32%
11 (32%)
Strategic(s)
3%
1 (3%)
Exited to
Investor(s)
50%
6 (50%)
Strategic(s)
50%
6 (50%)

Investor Summary

Investor Type

Mezzanine Finance Firm

Size

Middle-Market

Established

1979

Specialist/Generalist

Generalist

Subsidiary of

PNC

Leadership

Edward Pentecost

Managing Director & President

Eric Morgan

Managing Director

Nicholas Russo

Managing Director

Steven Pattison

Managing Director

David Sands

Director

 Subscribe to unlock this and 191,284
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.4K Private Equity Firms
  • 182K M&A Transactions
  • 187K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.5K M&A Advisors
    (Investment Banks and Law Firms)
  • 69K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Mergr

Product

Company

Legal