Franchise Brands plc Acquires Pirtek Europe Holdings from PNC Riverarch Capital

Princeton Equity Group Makes Strategic Investment in Pirtek

October 31, 2023

Industrial Services

Princeton Equity Group completed a strategic growth investment in Pirtek, a leading franchisor of hydraulic and industrial hose repair and replacement services. The partnership will provide capital and resources to support Pirtek’s franchisees, expand its North American footprint, and accelerate continued growth while key management and the Duncan family retain ownership.

SPUR Acquisitions Acquires Piranha Brands

April 9, 2021

Retail

SPUR Acquisitions has acquired Piranha Brands, a leading U.S. supplier of medical apparel and operator of multiple scrubs-focused e-commerce brands, from Piranha's founders/co-owners. The transaction was advised by The Forbes M+A Group; SPUR said the acquisition will support new leadership and future growth under Rob Mossman.

PNC Riverarch Capital Acquires Empire Group from Kian Capital Partners

February 7, 2020

Manufacturing

PNC Riverarch Capital has acquired Empire Group, a Raleigh, North Carolina–headquartered wholesale distributor of commercial foodservice equipment and OEM parts, from Kian Capital Partners. Terms were not disclosed; under Kian's ownership Empire expanded to seven locations, served 5,500+ customers and materially grew revenue and EBITDA.

TIPCO Technologies (Platte River Equity Portfolio) Acquires Charter Industrial Supply

September 10, 2024

Industrial Services

TIPCO Technologies, a portfolio company of Platte River Equity, has acquired Charter Industrial Supply, a distributor of hydraulic and industrial hose and fittings with operations in San Diego and Orange, California. The deal expands TIPCO's branch network to 34 locations across 16 states and strengthens its presence in Southern California.

PNC Riverarch Capital Acquires Backerhaus Veit from Swander Pace Capital

January 9, 2023

Food & Beverage

PNC Riverarch Capital has completed the acquisition of Backerhaus Veit, Ltd. from Swander Pace Capital. Backerhaus Veit is a North American producer of artisan European-style breads, rolls and soft pretzels; the transaction transfers ownership from Swander Pace as the company enters its next growth phase under PNC Riverarch.

Presto Acquires Jockel Brandschutztechnik Service GmbH

August 2, 2023

Industrial Services

Presto AB, the Adelis-backed Nordic fire safety and compliance services leader, has acquired Jockel Brandschutztechnik Service GmbH, the German market leader in fire safety. The transaction makes Presto the leading safety services group in Europe (pro forma ~SEK 2.7 billion revenue and ~1,500 employees); majority owner Adelis Equity Partners is providing additional capital to support continued growth and consolidation.