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,…

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