Houlihan Lokey Advises The Tranzonic Companies

Houlihan Lokey is pleased to announce that The Tranzonic Companies, a portfolio company of PNC Riverarch Capital, has been acquired by Peak Rock Capital.

Tranzonic is a leading value-added virtual manufacturer and distributor of consumable and nondiscretionary cleaning, hygiene, and sanitary products. The company serves over 30,000 customers across a diverse set of end markets, including facility and maintenance services, healthcare, and foodservice. Tranzonic operates a differentiated business model with a comprehensive suite of branded and proprietary products, expansive global sourcing capabilities, and a differentiated set of value-added services.

PNC Riverarch is a middle-market private equity firm. PNC Riverarch invests in market-leading companies where it can partner with management to support accelerated growth. The firm is based in Pittsburgh, Pennsylvania.

Peak Rock is a middle-market private investment firm that makes equity and debt investments in companies in North America and Europe. Peak Rock's equity investment platform focuses on opportunities where it can support senior management to drive rapid growth and performance improvement. The firm is based in Austin, Texas.

Houlihan Lokey served as lead financial advisor to Tranzonic and assisted in initiating, structuring, and negotiating the transaction on its behalf.

Houlihan Lokey's Specialty Distribution team has earned a reputation for working with premier distribution and virtual manufacturing clients, providing superior client service, and delivering outstanding results. This transaction highlights our continued success advising market-leading specialty suppliers of consumable and nondiscretionary products to diverse end markets.