Houchens Industries Acquires Feeders Supply, LLC from PNC Riverarch Capital

Nutrition 101 Acquires Value Feeds

November 10, 2025

Agriculture

Nutrition 101, LLC, a Pendleton, Indiana-based food waste and recycling company, has acquired Value Feeds, a Dallas-based dairy upcycling and animal feed company. The acquisition will expand Nutrition 101's presence into the U.S. Southwest and leverage Value Feeds' processing capabilities and regional supply contracts with dairy producers.

Feeders Pet Supply to Acquire Pet Food Centers

November 3, 2025

Retail

Feeders Pet Supply announced it has entered into a definitive agreement to acquire Pet Food Centers, based in Evansville, Indiana. The deal will bring four stores in the Evansville area and one store in Clarksville, Tennessee into Feeders Pet Supply’s footprint.

PNC Riverarch Capital Acquires Messenger Holdings, LLC

February 8, 2022

Consumer Products

PNC Riverarch Capital has acquired Messenger Holdings, LLC, a 110+-year-old manufacturer and marketer of memorialization products and provider of tech-enabled services to funeral homes. Financial terms were not disclosed; Messenger is headquartered in Auburn, Indiana and will be partnered with Riverarch to support accelerated growth and expand its product and technology offerings.

Parkway Capital Recapitalizes Phoenix Feeds & Nutrition

September 8, 2021

Agriculture

Parkway Capital, the mezzanine investment arm of Calvert Street Investment Partners, provided subordinated debt to lead a recapitalization of Phoenix Feeds & Nutrition, marking the company's first institutional capital. The financing is intended to support PFN's growth initiatives and expansion of operations across New England and New York.

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.

Phillips Pet Food & Supplies Acquires PetFlow (Omnipet, LLC)

March 24, 2017

E-Commerce

Phillips Feed Service, Inc. (dba Phillips Pet Food & Supplies) has acquired Omnipet, LLC (dba PetFlow), an online retailer of pet food and supplies. Cascadia Capital acted as exclusive financial advisor to PetFlow. The acquisition gives Phillips e-commerce capabilities to support its independent specialty retail customers and reflects ongoing consolidation in the pet retail sector.