PNC Riverarch Capital to invest in A.P.A. Industries.

PNC Riverarch Capital, a private equity firm, agreed to invest in A.P.A. Industries, a supplier of replacement parts to the automotive aftermarket. Financial terms were not disclosed. “The APA team is pleased to partner with Riverarch. We were looking for an experienced partner that would respect the historical success of the business, while providing the resources to support our growth. APA has anumber of exciting growth initiatives in process. We’re looking forward to working with Riverarch to fully address our growth potential and to deliver additional value to our customers,” Daniel Seeman, APA CEO.