Matt and his team advised on the sale of Painters Supply & Equipment Co. (PSE), a portfolio company of PNC Riverarch Capital, to Odyssey Investment Partners.

Founded in 1952 and headquartered in Taylor, MI, PSE has grown to 50 branch locations and three distribution centers across MI, GA, IL, IN, MD, MO, OH, PA, and VA. PSE serves more than 8,000 customers, including collision repair shops, auto dealerships, fleet operators, and various other commercial, industrial, and aerospace businesses. PSE maintains strong market share across its footprint.

PNC Riverarch Capital is a middle-market private equity firm which invests in privately held companies in North America and Europe. The firm seeks strongly positioned companies where it can invest in support of leveraged and management buyouts, recapitalizations, corporate divestitures, and growth financings. The firm is based in Pittsburgh, PA.

Note: This work was performed prior to joining Stout.