PNC Riverarch Capital acquisition of Pirtek Europe

28/11/2018
Private acquisition

Announced

28/11/2018


Overview:

  • PNC Riverarch Capital has acquired Pirtek Europe from the Halifax Group.
  • Pirtek Europe is a UK on-site provider of hydraulic hose replacement and associated services and comprises 185 service centres and 750 mobile units across the UK, Ireland, Germany, Austria, Belgium, the Netherlands and Sweden.
  • The Halifax Group acquired a majority stake in Pirtek Europe in February 2015.

Sam Duke

Jurisdiction:

United Kingdom

Deal type:

Private acquisition

Practice areas:

Private equity
M&A

Industry sectors:

Industrials and manufacturing
Investment management


Firms:

Party: Pirtek Europe (Management)

Lawyer: Richard Hunt


Party: PNC Riverarch Capital (Acquirer)