NCK Capital Completes Majority Recapitalization of English Riding Supply
January 6, 2022
NCK Capital completed a majority recapitalization of English Riding Supply (ERS), a U.S.-based marketer and distributor of English-style equestrian equipment. Michael Diamond will remain as CEO while co-founder John Logerfo transitions to a special advisor role; the transaction was financed with support from PNC Mezzanine Capital and First Commonwealth Bank and advised by Baker Tilly Capital.
- Buyers
- NCK Capital
- Targets
- English Riding Supply
- Sellers
- Existing shareholders (including founders Michael Diamond and John Logerfo)
- Industry
- Retail
- Location
- Pennsylvania, United States
- Transaction Type
- Recapitalization
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