M&A Deal Summary

PNC Riverarch Capital Acquires Golden Malted

On April 1, 2012, private equity firm PNC Riverarch Capital acquired food company Golden Malted

Acquisition Highlights
  • This is PNC Riverarch Capital’s 1st transaction in the Food sector.
  • This is PNC Riverarch Capital’s 2nd transaction in the United States.
  • This is PNC Riverarch Capital’s 1st transaction in Pennsylvania.
Investment Fate
  • Golden Malted was sold to a consortium of financial buyers in 2014.
  • Golden Malted was sold to a consortium of financial buyers in 2023.

M&A Deal Summary

Date 2012-04-01
Target Golden Malted
Sector Food
Buyer(s) PNC Riverarch Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Golden Malted

Glen Mills, Pennsylvania, United States
Golden Malted is a provider of waffle and pancake mix to restaurants, hotels, colleges, and other food service establishments. Golden Malted was founded in 1937 and is based in Glen Mills, Pennsylvania.

Search 215,058 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

PNC Riverarch Capital

Pittsburgh, Pennsylvania, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2011
PE ASSETS 250M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

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 2 of 37
Sector: Food M&A 1 of 5
Type: Buyout (LBO, MBO, MBI) M&A Deals 1 of 9
State: Pennsylvania M&A 1 of 4
Country: United States M&A 2 of 31
Year: 2012 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-31 Environmental Express

Charleston, South Carolina, United States

Environmental Express is a developer, manufacturer and distributor of environmental laboratory equipment and consumable supplies for commercial, governmental, industrial and academic laboratories worldwide. The company provides an entire range of laboratory products used in applications such as water/wastewater analysis, oil and grease analysis, metals analysis and hazardous waste analysis. We pride ourselves on providing innovative products, superior technical support, knowledgeable customer service and same day shipping.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-01 Precision Aviation Group

Atlanta, Georgia, United States

Precision Aviation Group is a provider of products and value-added services to the worldwide aerospace and defense industry. With nine locations and more than 260,000-square-feet of sales and service facilities in the United States, Canada, Australia, Brazil, and Singapore, PAG uses its distinct business units and customer-focused business model to serve aviation customers through two business functions – Aviation Supply Chain, and its Inventory Supported Maintenance, Repair and Overhaul services. Precision Aviation Group was founded in 1993 and is headquartered in Atlanta, Georgia.

Buy -