PNC Erieview Capital Mergers and Acquisitions Summary

Mezzanine Finance Firm Profile

In the last 3 years, PNC Erieview Capital has acquired 10 companies. It has also invested in 4 others.

PNC Erieview Capital’s most common sectors for investment aredistribution (17%) and business services (11%) . The Firm’s most common investment types include growth capital (36%) and recapitalization (22%). In total, PNC Erieview Capital has invested in 24 US states.

In the last 3 years, PNC Erieview Capital has exited 10 companies. The Firm’s most common exit type is secondary buyout (50%).

Join Mergr to view PNC Erieview Capital’s full profile and discover more middle-market mezzanine finance firm investors just like it.

M&A Summary

  • M&A Total Activity51
    • M&A Buy Activity37
    • M&A Sell Activity14
  • Total Sectors Invested 20
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 21

PNC Erieview Capital

1900 East Ninth Street, 17th Floor,
Cleveland, Ohio 44114
United States
(216) 222-3763
www.pnc.com/erieview/english/why-erieview.html

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.


Investment Criteria

Sectors of Interest: Agriculture, Business Services, Construction, Consumer Products, Consumer Services, Distribution, E-Commerce, Electronics, Energy Services and Equipment, Environmental, Healthcare Services, Manufacturing, Transportation

Target Transaction Types: Buyout (LBO, MBO, MBI), Growth Capital, Recapitalization, Secondary Buyout

Geographic Preferences: East US, Midwest US, South US, West US, Canada

Transaction Criteria Min Max
Target Revenue - -
Target EBITDA 5 -
Investment Size 5 50
Enterprise Value 20 250
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (3.4/yr) # 20 3 5 5 3 1 37
Sell (2.0/yr) # 4 - 6 2 1 1 14
  51

Most Recent M&A

Company Date Value Type
Star Seed, Inc. 2024-01-25 - Trade Sale
Osborne, Kansas · www.gostarseed.com
Plimpton & Hills Corp. 2024-01-09 - Buyout (LBO, MBO, MBI)
Meriden, Connecticut · www.plimptonhills.com
VetEvolve 2023-10-18 - Secondary Sale
Richmond, Virginia · www.vetevolve.com
Atlas Clinical Research 2023-04-12 - Buyout (LBO, MBO, MBI)
Rochester, New York
Worldwide Produce 2023-02-09 - Secondary Buyout
Los Angeles, California · www.wwproduce.com
RoadOne IntermodaLogistics, Inc. 2023-01-05 - Recapitalization
Randolph, Massachusetts · www.roadone.com
Coastal Construction Products LLC 2022-11-01 - Trade Sale
Jacksonville, Florida · www.coastalone.com
Eskola LLC 2022-10-31 - Growth Capital
Morristown, Tennessee · www.eskolaroofing.com
Bond Orthodontic Partners 2022-07-17 - Growth Capital
Dallas, Texas · www.bondortho.com
Crete Mechanical Group 2022-06-02 - Growth Capital
Tampa, Florida · www.cretemechanical.com
View All >>

M&A by Sector

Sector Current # Value All-time # Value
Distribution 4 (17%) - 6 (16%) -
Business Services 2 (8%) - 4 (11%) -
Manufacturing 3 (13%) - 4 (11%) -
Healthcare Services 3 (13%) - 3 (8%) -
Consumer Products 2 (8%) - 2 (5%) -
Consumer Services 1 (4%) - 2 (5%) -
Energy Services and Equipment 1 (4%) - 2 (5%) -
Environmental 2 (8%) - 2 (5%) -
Agriculture - - 1 (3%) -
Automotive - - 1 (3%) -
Chemicals - - 1 (3%) -
Construction 1 (4%) - 1 (3%) -
E-Commerce 1 (4%) - 1 (3%) -
Electronics 1 (4%) - 1 (3%) -
Furniture 1 (4%) - 1 (3%) -
Medical Products - - 1 (3%) -
Safety/Security - - 1 (3%) -
Technology Hardware 1 (4%) - 1 (3%) -
Test/Measurement Equipment - - 1 (3%) -
Transportation 1 (4%) - 1 (3%) -
Total 24 - 37 -

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 24 (100%) - 37 (100%) -
  California 2 (8%) - 3 (8%) -
  Tennessee 2 (8%) - 3 (8%) -
  Ohio 2 (8%) - 3 (8%) -
  Texas 1 (4%) - 3 (8%) -
  Minnesota 2 (8%) - 2 (5%) -
  Massachusetts 2 (8%) - 2 (5%) -
  Georgia 2 (8%) - 2 (5%) -
  Utah 1 (4%) - 2 (5%) -
  Pennsylvania 1 (4%) - 2 (5%) -
  Florida 1 (4%) - 1 (3%) -
  Connecticut 1 (4%) - 1 (3%) -
  Colorado 1 (4%) - 1 (3%) -
  Arkansas 1 (4%) - 1 (3%) -
  North Carolina 1 (4%) - 1 (3%) -
  New York 1 (4%) - 1 (3%) -
  New Jersey 1 (4%) - 1 (3%) -
  Michigan 1 (4%) - 1 (3%) -
  Kentucky 1 (4%) - 1 (3%) -
  Virginia - - 1 (3%) -
  Oklahoma - - 1 (3%) -
  Nebraska - - 1 (3%) -
  Missouri - - 1 (3%) -
  Kansas - - 1 (3%) -
  Illinois - - 1 (3%) -
Total 24 - 37 -

Acquisitions by Deal Type

Type Current # Value All-time # Value
Growth Capital 9 (38%) - 13 (35%) -
Recapitalization 6 (25%) - 8 (22%) -
Secondary Buyout 3 (13%) - 7 (19%) -
Buyout (LBO, MBO, MBI) 4 (17%) - 6 (16%) -
Add-on Acquisition 1 (4%) - 1 (3%) -
Consolidation - - 1 (3%) -
Divestiture 1 (4%) - 1 (3%) -
Total 24 - 37 -

Exits by Deal Type

Type Total # Value
Secondary Sale 7 (50%) -
Trade Sale 4 (29%) -
Trade Sale - Public Company 2 (14%) -
Merger 1 (7%) -
Total 14 -

M&A Connections

Deals
Acquired from
Investor(s)
30%
11 (30%)
Strategic(s)
3%
1 (3%)
Exited to
Investor(s)
50%
7 (50%)
Strategic(s)
50%
7 (50%)

Investor Summary

Investor Type

Mezzanine Finance Firm

Size

Middle-Market

Established

1979

Specialist/Generalist

Generalist

Subsidiary of

PNC

Leadership

Edward Pentecost

Managing Director & President

Eric Morgan

Managing Director

Nicholas Russo

Managing Director

Steven Pattison

Managing Director

David Sands

Director

FAQ

When was PNC Erieview Capital founded?

PNC Erieview Capital was founded in 1979.

What type of investor is PNC Erieview Capital?

PNC Erieview Capital is a mezzanine finance firm.

Where is PNC Erieview Capital headquartered?

PNC Erieview Capital is headquartered in Cleveland, Ohio.

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