Investment Summary

Providus Capital Partners and PNC Erieview Capital Invest In McMillan Pazdan Smith Architecture

On October 15, 2024, private equity firm Providus Capital Partners and mezzanine finance firm PNC Erieview Capital invested in engineering company McMillan Pazdan Smith Architecture

Investment Highlights
  • This is Providus Capital Partners’ 1st and PNC Erieview Capital’s 1st transaction in the Engineering sector.
  • This is Providus Capital Partners’ 1st and PNC Erieview Capital’s 42nd transaction in the United States.
  • This is Providus Capital Partners’ 1st and PNC Erieview Capital’s 1st transaction in South Carolina.

Investment Summary

Date 2024-10-15
Target McMillan Pazdan Smith Architecture
Sector Engineering
Investor(s) Providus Capital Partners
PNC Erieview Capital
Deal Type Growth Capital
Advisor(s) AEC Advisors (Financial)

Target

McMillan Pazdan Smith Architecture

Spartanburg, South Carolina, United States
McMillan Pazdan Smith Architecture offers a range of architecture, advisory, planning, and interior design services to a diverse group of public and private clients in the higher education, K-12, healthcare, civic and cultural, commercial, industrial, and living markets. McMillan Pazdan Smith Architecture was founded in 1995 and is based in Spartanburg, South Carolina.

Search 214,238 Deals Now

SEARCH BY

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

Try Free

Investor(S) 2

DESCRIPTION

Providus Capital Partners is a private equity firm that invests in small to mid-sized architecture, engineering, and construction companies across North America. The Firm targets founder- and management-owned businesses with revenues up to $150 million and seeks to support growth through strategic planning, operational improvements, and add-on acquisitions. Providus partners closely with leadership teams to preserve company culture while accelerating long-term value creation. Providus Capital Partners was founded in 2022 and is based in Detroit, Michigan.


DEAL STATS #
Overall 1 of 2
Sector: Engineering M&A 1 of 2
Type: Growth Capital M&A Deals 1 of 2
State: South Carolina M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2024 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-08-12 Wold Architects & Engineers

Minneapolis, Minnesota, United States

Wold Architects & Engineers is an architecture, advisory, engineering, planning, and interior design firm. Wold Architects & Engineers was founded in 1968 and is based in Minneapolis, Minnesota.

Buy -
DESCRIPTION

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.


DEAL STATS #
Overall 43 of 44
Sector: Engineering M&A 1 of 1
Type: Growth Capital M&A Deals 15 of 15
State: South Carolina M&A 1 of 1
Country: United States M&A 42 of 43
Year: 2024 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-05 Service Country

United States

Service Country is a platform of residential heating, air conditioning, plumbing, and electrical services companies serving target markets in Southeastern United States.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-03-26 MSI Express

Portage, Indiana, United States

MSI Express provides contract packaging services, such as pouching/bagging, stand-up pouching, filling, lidding, bundle wrapping, flow wrapping, blister carding, shrink wrapping, inspections, mixing, kitting, display building, and canister sealing. It also provides a range of contract manufacturing services, including dry and liquid blending of ingredients, heat pasteurization, and batching. MSI Express was founded in 2008 and is based in Portage, Indiana.

Buy -