PNC Finances Management Buyout of RIE Coatings
PNC Mezzanine Capital supports RIE Coatings management buyout.
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Edited by Scott Francis
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PNC Mezzanine Capital has announced its recent investment of subordinated debt and equity to support the management buyout of RIE Coatings, LLC (RIE, Dubuque, Iowa), a licensed applicator of environmentally friendly, protective, and performance-enhancing coatings used on fasteners, as well as other parts and components primarily for use in industrial applications.
Certified to ISO 9001:2015, RIE is a provider of coating solutions that offer chemical and corrosion protection, abrasion resistance, heat dissipation and dry film lubrication for a wide variety of applications in a wide range of industries including agricultural equipment, recreational vehicles, military, computer, electronics, construction, medical and aerospace.
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