PNC Equity Partners acquires gas-detection maker Bacharach

PNC Equity Partners, the private equity fund managed by an affiliate of PNC Financial Services Group, announced the acquisition of Bacharach Inc. (a leader in gas detection equipment, with its affiliate Bacharach of Canada) plus Lone Star Overnight, as its first two fund investments.

“PNC Equity Partners, III, L.P., the private equity fund managed by an affiliate of the PNC Financial Services Group Inc., has announced the acquisition of Bacharach Inc., previously a closely held private company, and also Lone Star Overnight (LSO), previously a portfolio company of Brazos Private Equity.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.