PNC Mezzanine supports LA firm’s deal with $20M infusion

PNC Mezzanine Capital invested almost $20 million in a West Coast private equity firm’s acquisition.

Transom Capital Group of Los Angeles purchased SemiTorr Group, a distributor of gas and fluid handling systems and components based in Tualatin, Oregon. Financials were not disclosed, but PNC Mezzanine said it invested $19.9 million in subordinated debt and equity to support the transaction.

PNC Mezzanine is Pittsburgh’s second-largest private equity firm as ranked by capital under management,…

Previous Legal fees, alleged misconduct and taking on Disney: Rick Singh arguably is the most controversial property appraiser C. Fla. has seen
Next From the Editor-in-Chief: Banking in a new age

No Comment

Leave a reply

Your email address will not be published. Required fields are marked *