M&A Deal Summary |
|
|---|---|
| Date | 2021-12-31 |
| Target | English Riding Supply |
| Sector | Distribution |
| Buyer(s) |
PNC Mezzanine Capital
NCK Capital |
| Deal Type | Recapitalization |
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| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 1.5B USD |
| Size | Large |
| Type | Sector Agnostic |
PNC Mezzanine Capital is the subordinated debt investing arm of PNC Bank. PNC Mezzanine looks to provide $10 to $50 million of junior capital to middle-market companies in a variety of industries. Prospective companies generally have revenues of $20 million and EBITDA greater than $4 million. Broad sectors of interest include niche manufacturing, value-added distribution, and business or consumer services. PNC will not invest in early-stage or technology-driven businesses; real estate, commodity-based or capital-intensive companies; businesses with high customer or vendor concentration; or declining businesses. PNC Mezzanine was formed in 1989 and is based in Pittsburgh, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 71 of 77 |
| Sector (Distribution) | 7 of 8 |
| Type (Recapitalization) | 8 of 8 |
| State (Pennsylvania) | 7 of 7 |
| Country (United States) | 68 of 73 |
| Year (2021) | 6 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-27 |
Revak Keen Turbomachinery
La Porte, Texas, United States Revak Keen Turbomachinery remanufactures, modify, and upgrade steam turbines, pumps, gears, and complete steam turbine systems for industrial customers. Revak Keen Turbomachinery was founded in 1981 and is based in La Porte, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-01-01 |
Sauce Pizza & Wine
Scottsdale, Arizona, United States Sauce Pizza & Wine is a fast-casual Italian restaurant concept offering freshly prepared pizza, pasta, salad and sandwiches for lunch and dinner. Sauce Pizza & Wine was founded in 2003 and is based in Scottsdale, Arizona. |
Sell | - |
NCK Capital is a private equity firm focused on investing in growth-oriented lower middle-market companies with $2 to $10 million of EBITDA. The Firm will consider opportunities across the US and focuses on divestitures, management buyouts, recapitalizations, and owner retirement/exit situations. Sectors of interest include business/industrial services, manufacturing, healthcare, education, distribution, and restaurants/food. NCK Capital was formed in 2011 and is based in Dallas, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 5 |
| Sector (Distribution) | 1 of 1 |
| Type (Recapitalization) | 1 of 1 |
| State (Pennsylvania) | 2 of 2 |
| Country (United States) | 5 of 5 |
| Year (2021) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-09-20 |
Ogle School
Arlington, Texas, United States Ogle School is a provider of cosmetology and esthetics career education in Texas. It operates eight campuses with superior graduation and job placement outcomes; phenomenal, long-established brand equity; and an exemplary compliance record. Ogle School was founded in 1973 and is based in Arlington, Texas. |
Sell | - |
