Berkshire Partners-backed PT Holdings to acquire REPA from The Riverside Company.

Berkshire Partners-backed PT Holdings, a distributor of repair and maintenance parts for the foodservice industry, agreed to acquire REPA, a distributor of spare parts for professional foodservice customers in Europe, from The Riverside Company, a private equity firm. Financial terms were not disclosed. “This exit again demonstrates our ability to internationalize and professionalize leading mid-market businesses through organic and inorganic growth initiatives,” Karsten Langer, Riverside Europe Managing Partner.