PNC Bank Agrees to Acquire Aqueduct Capital Group

Aquiline Capital Partners Acquires Majority Stake in Quicken Inc.

October 4, 2021

Software

Aquiline Capital Partners has acquired a majority stake in Quicken Inc. from an affiliate of H.I.G. Capital. Quicken's management, including CEO Eric Dunn, will retain equity and the company will continue operating from its Menlo Park headquarters while partnering with Aquiline to invest in its personal financial management software and digital offerings.

PNC Riverarch Capital Acquires The Perfect Purée of Napa Valley from SBJ Capital

January 9, 2024

Food & Beverage

PNC Riverarch Capital has acquired The Perfect Purée of Napa Valley from SBJ Capital, with co-investors The Hillman Company and PPM America. Riverarch will partner with co-presidents Michele Lex and Medhane Kidane to support accelerated growth; senior debt was provided by Apogem and NXT Capital and Harris Williams advised the seller.

Aquarian Holdings Acquires Majority Stake in PACE Equity

October 30, 2024

Financial Services

Aquarian Holdings has acquired a majority stake in PACE Equity and committed up to $1 billion of financing to scale the firm's commercial PACE (C-PACE) lending platform. The investment will expand PACE Equity's capacity to fund commercial green building projects and broaden its market reach across the U.S.

PNC Bank Acquires Tempus Technologies, Inc.

January 27, 2021

Financial Services

PNC Bank N.A. reached a definitive agreement to acquire Tempus Technologies, Inc., a payment gateway and payments-processing solutions provider. The acquisition will expand PNC Treasury Management's payments capabilities by integrating Tempus' gateway, mobile apps and payment portals to support multiple payment rails.

PIB Group Acquires Acquinex

March 22, 2021

Financial Services

PIB Group Ltd has acquired the Acquinex group, a specialist Managing General Agent (MGA) that underwrites Warranty & Indemnity and Tax Liability insurance for small- and mid-market M&A transactions. The deal gives PIB deeper capability in financial-lines insurance, an experienced underwriting team and new European footprints (including Denmark), supporting the Group's internationalisation and product expansion plans.

Houchens Industries Acquires Feeders Supply, LLC from PNC Riverarch Capital

March 31, 2023

Retail

Houchens Industries, Inc. has acquired Feeders Supply, LLC (Feeders Pet Supply) from PNC Riverarch Capital; terms were not disclosed. Feeders is an omnichannel pet specialty retailer headquartered in Louisville, Kentucky with 53 retail locations and a growing e-commerce platform.