Arbor Investments completed the acquisition of Steelite from PNC Riverarch Capital.

Arbor Investments, a private equity firm, completed the acquisition of Steelite, a manufacturer, designer, distributor and supplier of award-winning tabletop and buffet products for the hospitality and foodservice industries, from PNC Riverarch Capital, a private equity firm. Financial terms were not disclosed. “Steelite clearly is a world leader with an exceptional brand reputation in the market as an innovative, value added partner – a credit to John and the culture he has built at the Company. The entire Arbor team is anxious to work with John and his team to help accelerate growth, both organically and through new partnerships and acquisitions," Brody Lynn, Arbor Partner.