PNC Equity Partners Overview

  • Investor Type
  • PE/​Buyout

  • Status
  • Inactive

  • Investments
  • 26

  • Exits
  • 24

Exits

PNC Equity Partners General Information

Company Description

PNC Equity Partners was the private equity arm of PNC Financial Services Group. PNC Bank Corp, the predecessor to The PNC Financial Services Group, initiated its private equity investment practice in 1982. Between 1982 and 2000 PNC pursued a diversified on-balance sheet investment strategy ranging from minority investments in growth stage opportunities to leveraged buyouts of later stage companies. $350 million was invested in 85 companies. From 2001 to 2011 PNC's private equity team raised two funds using outside capital, forming PNC Equity Partners I and II with PNC Financial Services Group as the lead investor. The primary investment strategy of these funds was buyouts with majority ownership stakes and active participation in portfolio companies. The funds invested $370 million in 21 companies. In 2011 two separate teams of investment professionals originally based at PNC created investments firms: Incline Equity Partners, which currently manages PNC Equity Partners Funds I and II, and PNC Riverarch Capital, which is still affiliated with PNC Financial Services Group.

Business Details

Year Founded
1982
Investor Status
Out of Business
Primary Investor Type
PE/Buyout
Other Investor Types
Mezzanine
Venture Capital
Corporate Office
  • 620 Liberty Avenue, 22nd Floor
  • 2 PNC Plaza
  • Pittsburgh, PA 15222
  • United States

PNC Equity Partners Investments & Acquisitions (26)

Company Name Deal Date Deal Type Deal Size Industry Company Stage Lead Partner
Grape Beginnings 01-Sep-2015 0000000000 Distributors/Wholesale Generating Revenue
Dance Direct 12-Sep-2012 0000000000 0000 Specialty Retail Generating Revenue
Revolution Dancewear 02-Jul-2010 0000000000 Specialty Retail Profitable
Henry Wine Group (East Coast operations) 25-Nov-2008 0000000000 Distributors/Wholesale Generating Revenue
The Orthotic Group 25-Sep-2008 Buyout/LBO Therapeutic Devices Profitable
You’re viewing 5 of 26 investments and acquisitions. Get the full list »

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PNC Equity Partners Exits (24)

Company Name Exit Date Exit Type Exit Size
Winebow 01-Jan-2020 000000000000000000
Revolution Dancewear 27-Jun-2018 0000000000
Kelson Physician Partners 01-Jul-2014 0000000000: 000000
The Orthotic Group 08-Apr-2013 0000000000
Lone Star Overnight 28-Apr-2011 Buyout/LBO
You’re viewing 5 of 24 exits. Get the full list »

PNC Equity Partners Fund Performance

Fund Name Vintage Size Dry Powder DPI RVPI TVPI IRR

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PNC Equity Partners Investments by Industry, Year, and Region

Investments by Industry

Investments by Year

Investments by Region

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PNC Equity Partners FAQs

  • What is PNC Equity Partners?

    PNC Equity Partners was the private equity arm of PNC Financial Services Group.

  • When was PNC Equity Partners founded?

    PNC Equity Partners was founded in 1982.

  • Where is PNC Equity Partners headquartered?

    PNC Equity Partners is headquartered in Pittsburgh, PA.

  • How many investments has PNC Equity Partners made?

    PNC Equity Partners has made 26 investments.

  • What has PNC Equity Partners invested in?

    PNC Equity Partners has made numerous investments in companies like Grape Beginnings, Dance Direct, and Revolution Dancewear within the Distributors/Wholesale and Specialty Retail industries.

  • What has PNC Equity Partners invested in recently?

    PNC Equity Partners's latest investment was on 01-Sep-2015 in Grape Beginnings, a company within the Distributors/Wholesale industry.

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