Company Performance Metrics
PNC Equity Partners is out of business. It is the private equity arm of PNC Financial Services Group Inc. specializing in leveraged buyout, recapitalization, consolidation strategy, business expansion, growth capital, and corporate orphan divestiture transactions. The firm does not make investments in the biotechnology, medical device, natural
resources, software development, and high technology sectors. Additionally, it does not invest in international, early stage, and technology-oriented funds. It makes partnership investments in venture capital, growth equity, diversified private equity, and mezzanine funds. The firm prefers to make long term investments in middle market companies engaged in the outsourced business services, niche manufacturing, and value-added distribution. It typically provides between $10 million and $30 million in capital to companies with enterprise values between $20 million and $125 million and an EBITDA between $4 million and $25 million. The firm generally invests between $10 million and $30 million per transaction and syndicates larger amounts. It invests in junior securities such as preferred stock, common stock, and subordinated debt. The firm typically acts as a lead investor, but is also comfortable with taking either minority or majority stakes in portfolio companies based in the United States and Canada. It also prefers to acquire the board seat at portfolio companies. PNC Equity Partners was founded in 1982 and is based in Pittsburgh, Pennsylvania.
