Since 1989, PNC Mezzanine Capital has demonstrated a strong track record of performance across a wide variety of industries and business situations. We invite you to explore our current and past investments below.
Preston joined PNC Mezzanine Capital in 1995. Previously, Preston was an analyst with Brentwood Associates, a venture capital and leveraged buyout firm. Prior to Brentwood Associates, he was an analyst in the merchant banking division of Morgan Stanley & Co., Inc. During business school, Preston was an associate at Crescent Capital Corporation, an investment firm focused on below investment-grade and mezzanine securities.
Preston is a director of C-P Flexible Packaging, Magnum Manufacturing and Thaler Machine; and has oversight responsibility for PNC Mezzanine’s investments in Century Linen & Uniform, Miller Integrated Solutions and True Sports.
Preston was previously a director of American Grease Stick, American Track, Amerin Insurance Company, Century Mold, Hunt Valve Company, Kellstrom Defense, Metal Spinners, Miller Heiman, Prospect Mold, Riddell Sports Group, Salient Federal Solutions, Stampede Meat, Tooling Technology, Windy Hill Pet Food Company, Tweeter Home Entertainment Group and Urban CableWorks.
Preston received degrees in economics and engineering with honors from Princeton University and an MBA from the Anderson Graduate School of Management at UCLA, where he was a venture capital fellow.
Asphalt & concrete services
Doug joined PNC Mezzanine Capital in 2002. Prior to joining PNC Mezzanine, Doug was an analyst in the Leveraged Capital Group with Wachovia Securities, where he specialized in financial sponsor transactions. At Wachovia, Doug supported the origination, underwriting and syndication of leveraged bank loans, mezzanine debt issues and private equity investments across a broad range of industries.
Doug is a director of Evercast Concrete, House of Cheatham and an undisclosed investment in the Infrastructure sector; and has oversight responsibility for PNC Mezzanine’s investments in CR Fitness, Gen4 Dental Partners, Hoskin Scientific, Pave America and an undisclosed investment in the Aerospace and Defense sector.
Doug was previously a director of Bolttech, Central States Paving and Concrete, CR Fitness, Elgin Equipment Group, Elgin Fastener Group, Excel Orthopedic Physical Therapy, Metal Spinners, Molded Devices, Prospect Mold, Resource Label Group, Sauce Holdings, Sport & Health, Stampede Meat, Storage Battery Systems and Tooling Technology, LLC.
Doug received a BA in Government from Harvard University and an MBA from the Kenan-Flagler Graduate School of Business at the University of North Carolina where he was inducted into the Beta Gamma Sigma honorary business society.
Dental service organization
Add-On Acquisitions: 10
Infrastructure & utilities services
Mike joined PNC Mezzanine Capital in 2011. Prior to joining PNC Mezzanine, Mike was an Associate at Bacchus Capital Management, LLC, a private equity firm specializing in the wine industry. Additionally, Mike was an Analyst at Gordian Group, LLC, a boutique investment bank providing M&A and financial advisory services for distressed and complex situations across a broad range of industries, as well as spent time in Equity Research at Federated Hermes.
Mike is a director of CST Utilities, English Riding Supply, House of Cheatham, Mountainside Fitness.
Mike was previously a director of American Grease Stick, Evercast Concrete, Metal Spinners, RKTM Holdings and Sauce Holdings.
Mike received a BS in Business Administration from Georgetown University and an MBA from the Tepper School of Business at Carnegie Mellon University.
Precision metal components
Rob joined PNC Mezzanine Capital in 2007. Prior to joining PNC, Rob was an analyst for the Sterling Group, L.P., where he evaluated and executed leveraged buyout investments in middle market industrial companies. Before Sterling, Rob was an associate consultant for L.E.K. Consulting LLC where he provided strategic and operations advisory services to a broad range of clients.
Rob is a director of 4 State Trucks, Alinabal, English Riding Supply, Evercast Concrete, Identity Group, Mellott Company and Rescon.
Rob was previously a director of Century Mold, Kellstrom, Magnum Magnetics, Polycor, SemiTorr and The Industrial Service Group.
Rob received a BA in Economics from Northwestern University and an MBA with high honors from The University of Chicago Booth School of Business.
Add-On Acquisitions: 1
English style equestrian products
Environmental testing & monitoring
Add-On Acquisitions: 2
Doug rejoined PNC Mezzanine Capital in 2004 after his time as an associate from 2000 through 2002. Prior to joining PNC Mezzanine, Doug was an analyst at Parker/Hunter Incorporated, where he provided M&A advisory services to small and middle market companies in a broad range of industries. During business school, Doug was an associate in the Technology & Communications Group at Raymond James & Associates.
Doug is a director of CST Utilities, Engineered Performance Technologies, Impact Electronic Solutions, Mellott Company, Mountainside Fitness, Rescon Holdings and RIE Coatings; and has oversight responsibility for PNC Mezzanine’s investment in Buffalo Games.
Doug was previously a director of ACI Electronics, Alinabal, American Grease Stick, Cape Electrical Supply, Century Mold, Distribution International, Evercast Concrete, Medical Laboratory Diagnostics, Molded Devices, Pet Partners, Reliable Parts, Sauce Holdings, Storage Battery Systems and VWS Holdco.
Doug received a BA in Sociology and Political Science with high honors from Westminster College and an MBA from the Darden Graduate School of Business Administration at the University of Virginia.
Industrial turbomachinery services
Aggregates products & services
Aftermarket truck parts
Tight tolerance parts & assemblies
Precision parts & assemblies
Skin care & hair care products
Industrial maintenance services
Add-On Acquisitions: 5
High purity gas & fluid handling components
Add-On Acquisitions: 3
Flexible magnet products
Puzzles & board games
Restoration & construction services
Casual dining coal-fired pizzerias
Add-On Acquisitions: 0
Aftermarket automotive replacement parts & tools
Physical therapy clinics
Add-On Acquisitions: 7
Railroad maintenance, design & installation
Plastic components & assemblies
Add-On Acquisitions: 6
Flexible packaging solutions
Prestressed & precast concrete products
Harsh environment wires & cables
Dimensional natural stone products
Add-On Acquisitions: 9
Fast-casual Italian restaurants
Aftermarket performance vehicle parts
Tooling for molding applications
Industrial & municipal maintenance
Aircraft parts, maintenance & repair
Add-On Acquisitions: 4
Replacement appliance parts
Custom signs, stamps & other office products
Power conversion equipment
Test & measurement equipment
Batteries & battery-backed power solutions
Specialty connectors & cable assemblies
Specialty metal fasteners
Dental practice management
Add-On Acquisitions: 15
Tooling for plastic molding applications
Consumable school & art supplies
Automotive tools, equipment & supplies
Add-On Acquisitions: 8
Coil, oil & gas processing equipment
Pressure sensitive labels
Add-On Acquisitions: 18
Veterinary hospital management
Add-On Acquisitions: 36
Insulation & related products
Add-On Acquisitions: 11
Health clubs & day spas
Specialty metal components
Integrated waste disposal
Thermoplastic & thermoset plastic compounds
Electrical & telecommunications products
Industrial bolting services & products
High reliability electronic components
Processed beef products
Aftermarket audio accessories
Laboratory containers & instruments
Plastic extrusion & converting equipment
Graphic arts & data management
David founded PNC Mezzanine Capital in 1989. Previously, David was a founding member and later president of White River Capital, a bank-affiliated private equity fund and was a commercial banking officer at Manufacturers Hanover Trust Co.
David was previously a director of ABP, Brandt, C-P Flexible Packaging, DeVlieg-Bullard, Evercast Concrete, Global Promo Group, Pet Partners, S.R. Smith, Stampede Meat, Stiffel, Test Equity, Weasler Engineering Co. and Wheaton Industries.
David received a BA in economics from Williams College and an MBA from the Darden Graduate School of Business Administration at the University of Virginia.
Plastic, under-the-hood automotive components
Fiber-based flooring felt & solutions
Polycarbonate & glass optical lenses
Custom vinyl replacement windows
Sales process management & training
Value-priced toys, novelties & giftware
Cable systems operator
Waste hauling & transportation equipment
Add-On Acquisitions: 14
Aircraft maintenance & repair
CATV & telecommunications products
Novelty pencils & erasers
Diving boards, slides & rails
Industrial steel wool
Private label pet food
Condiments & dry food mixes
Meat & dry goods
Brass & decorative lamps
Agricultural & turf drivelines & components
Coin counting equipment
Machine tool parts & equipment
Scientific & hazardous waste packaging