Middle market private equity firm (PNC affiliate)
Riverarch Equity Partners
Formerly PNC Riverarch Capital
- HeadquartersPittsburgh, PA S1
- Founded2011 S3
- Websiteriverarch.com
- Last verifiedOctober 27, 2026
At a glance
| Latest fund | Riverarch Equity Partners IV, $1B (Mar 2024) S7 |
|---|---|
| EBITDA range | $5M to $30M S2 |
| Check size | $25M to $150M S2 |
| Deal types | Platform, Add-on S2 |
| Geography | North America, Europe S2 |
| Sectors | Distribution, Consumer & Food, Industrial & Manufacturing, Pest Control, Education |
What Riverarch Equity Partners buys
Riverarch Equity Partners is a Pittsburgh firm, founded in 2011 and called PNC Riverarch Capital until 2024, that serves as the private equity arm of PNC Financial Services. For a new platform it wants an established, profitable company in North America or Europe with $5 million to $30 million of EBITDA and an enterprise value of up to $300 million, and it invests $25 million to $150 million of equity. Its focus areas are high-margin distribution, food and beverage, business and consumer services, franchising and specialized manufacturing. It is investing from a $1.0 billion fourth fund closed in March 2024, and it counts $1.7 billion invested across 40 platforms and more than 130 add-ons.
Most current holdings are distributors, food brands and franchisors, with newer platforms in pest control and early childhood education. Add-ons carry no EBITDA minimum, so a smaller company is most likely to meet Riverarch through a platform such as Fortress Pest Brands, which wants pest, termite and mosquito control companies in the Mid-Atlantic and Southeast, or Grupo Chilero, which added Tadin Herb & Tea in 2026.
Recent deals
Announced in the 24 months before October 27, 2026.
| Date | Company | Type | Sector | Source |
|---|---|---|---|---|
| Jun 2026 | Tadin Herb & Tea Co.California Hispanic tea and spice brand added to Grupo Chilero | Add-on | Consumer & Food | Source |
| Jun 2026 | Fortress Pest BrandsPest control platform formed by merging Senate Termite & Pest Control and The Neuse Termite and Pest Control | Platform | Pest Control | Source |
| Feb 2026 | FORTAConcrete and asphalt reinforcement fiber maker sold to The Heritage Group | Exit | Industrial & Manufacturing | Source |
| Dec 2025 | Walex Products CompanyFamily-founded maker of waste treatment, sanitation and cleaning chemicals | Platform | Industrial & Manufacturing | Source |
| Oct 2025 | Yen Bros Food ServiceVancouver foodservice distributor added to FDP Group | Add-on | Distribution | Source |
| Oct 2025 | Forcorp SolutionsCanadian forestry analytics firm added to Barr GeoSpatial, now named Forsite | Add-on | Source | |
| Oct 2025 | Critical Process FiltrationNew Hampshire maker of high-purity filtration products added to TCP Analytical | Add-on | Industrial & Manufacturing | Source |
| September 2025 | CEFA Early LearningCanadian franchisor of early childhood learning centers | Platform | Education | Source |
| Jul 2025 | AAPPTecKentucky supplier of peptide synthesis products added to TCP Analytical | Add-on | Industrial & Manufacturing | Source |
| Jun 2025 | AlconoxFamily-controlled maker of laboratory cleaning detergents added to TCP Analytical | Add-on | Industrial & Manufacturing | Source |
| Feb 2025 | Concord Marketing SolutionsIllinois branded merchandise provider added to Clayton Kendall; its management team stayed | Add-on | Source | |
| Dec 2024 | Metal SupermarketsFranchisor of more than 130 small-quantity metal stores in the US, Canada and UK | Platform | Distribution | Source |
Portfolio by sector
From the firm's portfolio page S5.
Business and Consumer Services
- Fortress Pest Brands
- CEFA Early Learning
- The Perfect Purée of Napa Valley
- Safco Dental Supply
Consumer & Food
- Ascend Bakery Brands
- Grupo Chilero
Specialized Manufacturing
- Walex Products Company
- APA Industries
- Shearer Supply
- TCP Analytical
Value-Added Distribution
- Metal Supermarkets
- Hill Country Dairies
- MTA Coast to Coast Healthcare Compliance
- Messenger
- FDP Group
- Sequent Foodservice Solutions
Other
- Clayton Kendall
- Forsite
Past investments: FORTA
Greymont’s take
How Riverarch Equity Partners fits a seller
Riverarch fits owners of profitable distribution, food, franchise or specialty manufacturing businesses who want a well-funded partner that leaves daily operations to management. The firm says it fully trusts management to run the company and supports growth through acquisitions. Owners below its $5 million EBITDA floor can still sell to one of its platforms, since add-ons have no minimum. Pest control owners in Maryland, Virginia, the Carolinas and nearby states are the clearest example: Fortress Pest Brands was formed in 2026 to buy more brands and is led by the former CEO of Authority Brands, an earlier Riverarch franchise investment. Owners who plan to roll over equity should ask how long Riverarch usually holds a company and who the likely next buyer is. FORTA, for example, more than tripled in size under Riverarch before its 2026 sale to The Heritage Group.
Questions owners ask
What size companies does Riverarch invest in?
For a new platform it looks for $5 million to $30 million of EBITDA and an enterprise value of up to $300 million, investing $25 million to $150 million of equity. Add-on acquisitions for its existing companies have no EBITDA minimum.
Is Riverarch part of PNC?
Yes. Riverarch is the private equity affiliate of The PNC Financial Services Group, which owns the Riverarch name. Its fourth fund in 2024 was backed by PNC, with the investment team committing 4 percent.
Is Riverarch buying pest control companies?
Yes. In June 2026 it announced Fortress Pest Brands, formed by merging Senate Termite & Pest Control and The Neuse Termite and Pest Control, and Fortress is seeking pest, termite and mosquito control add-ons in the Mid-Atlantic and Southeast.
Did Riverarch change its name?
Yes. It operated as PNC Riverarch Capital until March 2024, when it took the Riverarch Equity Partners name at the same time it closed its $1.0 billion fourth fund.
Sources
- S1Riverarch Equity Partners home page Accessed October 27, 2026
- S2Riverarch: Investment Criteria Accessed October 27, 2026
- S3Riverarch: Our History Accessed October 27, 2026
- S4Riverarch: Our Approach Accessed October 27, 2026
- S5Riverarch: Our Portfolio (with each company's portfolio page for status) Accessed October 27, 2026
- S6Riverarch: News Accessed October 27, 2026
- S7New brand, New fund, Same Approach: $1.0 billion fourth fund and rebranding (March 5, 2024) Accessed October 27, 2026
- S8Riverarch Announces the Formation of Fortress Pest Brands (June 1, 2026) Accessed October 27, 2026
- S9Riverarch portfolio: Fortress Pest Brands Accessed October 27, 2026
- S10Riverarch Successfully Exits Investment in FORTA (February 13, 2026) Accessed October 27, 2026
- S11Grupo Chilero Invests in Tadin Herb & Tea Co. (June 30, 2026) Accessed October 27, 2026
Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with Riverarch Equity Partners. Figures are as reported on the dates shown and may have changed. Request a correction