Announced
Completed
Synopsis
Greenbriar Equity Group completed the acquisition of Electrical Source Holdings, a specialty distributor of need-it-now replacement power components for diverse commercial and industrial applications, from PNC Riverarch Capital, a private equity firm. Financial terms were not disclosed. “Riverarch’s investment in Electrical Source is consistent with our strategy of partnering with strong management teams and supporting them as they continue to scale and diversify. It was a pleasure to work with the Electrical Source team. We are excited for the company as it embarks on its next phase of growth, and are confident that it will continue to be successful far into the future,” Michael Rost, PNC Riverarch Capital Managing Director.
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