White Oak Partners News


 

White Oak Partners Initiates the Acquisition of Nilodor by PNC Riverarch Capital and its Portfolio Company HOSPECO, a division of The Tranzonic Companies

April 4, 2019

White Oak Partners initiated the add-on acquisition of Nilodor by HOSPECO, a division of The Tranzonic Companies, a portfolio company of PNC Riverarch Capital.

Nilodor is a manufacturer of proprietary odor control and odor neutralizing products for the facility care and pet care markets. HOSPECO is a leading manufacturer of personal care, hygiene and cleaning products. HOSPECO is the largest operating division of The Tranzonic Companies.

PNC Riverarch Capital is a middle-market private equity firm which invests in privately held companies headquartered in North America. PNC Riverarch Capital is a division of PNC Capital Finance LLC, a wholly owned indirect subsidiary of The PNC Financial Services Group, Inc. (NYSE: PNC). Since 1982, PNC has invested over $1.0 billion of equity capital in more than 100 companies.