Investment Summary |
|
|---|---|
| Date | 2021-12-01 |
| Target | Messenger |
| Sector | Consumer Products |
| Investor(s) | PNC Riverarch Capital |
| Sellers(s) | Orchard Holdings Group |
| Deal Type | Secondary Buyout |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2011 |
| PE ASSETS | 250M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
PNC Riverarch Capital is a middle-market private equity group that invests in privately-held companies headquartered throughout North America. The Group looks to commit $10 to $50 million to help fund recapitalizations, leveraged and management buyouts, corporate divestitures and growth financings. Target sectors include business and industrial services, specialized manufacturing, and value-added distribution. PNC Riverarch was formed in 2011 and is an affiliate of PNC Financial Services Group.
| DEAL STATS | # |
|---|---|
| Overall | 27 of 37 |
| Sector: Consumer Products M&A | 3 of 5 |
| Type: Secondary Buyout M&A Deals | 11 of 13 |
| State: Indiana M&A | 1 of 2 |
| Country: United States M&A | 23 of 31 |
| Year: 2021 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-08-26 |
itel
Jacksonville, Florida, United States itel is an insurance service provider that helps property insurance companies effectively settle claims worldwide. itel is committed to custom-fitting its service offering to meet the unique needs of each international insurance market. itel was founded in 1993 and is based in Jacksonville, Florida. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-02-08 |
Messenger
Auburn, Indiana, United States Messenger is a comprehensive provider of memorialization products, tech-enabled financial services, and technology solutions to funeral homes nationwide. The Company built its best-in-class reputation and unrivaled customer network over 100+ years as a manufacturer and marketer of memorial stationery, urns, and specialty consumer products, including jewelry and other keepsakes. In recent years, Messenger leveraged its powerful distribution reach, brand equity, and industry relationships to broaden its product lines to include innovative technology and life insurance assignment solutions through the funeral home and cemetery specialty retail channel. Messenger was founded in 1913 and is based in Auburn, Indiana. |
Buy | - |
Orchard Holdings Group is a private investment firm focused on investing in well-established, profitable companies with revenues of $20 to $300 million and EBITDA of $5 to $30 million. Transaction types of interest include buyouts, recapitalizations, consolidations, growth capital financings, and special situations. The Firm does not have any stated sector preferences, but prefers businesses with proven business models, established infrastructure, and ability to grow via acquisition or organically. Orchard Holdings Group was formed in 2005 and is based in Cincinnati, Ohio.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector: Consumer Products M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 2 of 2 |
| State: Indiana M&A | 1 of 1 |
| Country: United States M&A | 4 of 4 |
| Year: 2021 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-10-21 |
Lucas Group
Atlanta, Georgia, United States Lucas Group, Inc. is an executive recruitment firm committed to hiring, training, and molding the very best executive recruiters in the industry. Lucas Group surrounds our clients, candidates, and associates with meaningful communication and knowledgeable, consultative service. Lucas Group was founded in 1970 and is based in Atlanta, Georgia. |
Sell | - |
