Medical Technology Associates announces an investment by PNC Riverarch Capital

Medical Technology Associates, a Pinellas Park-based provider of equipment, testing, maintenance and certification services for medical gas systems and clean rooms, has announced an investment by PNC Riverarch Capital, a middle-market equity firm, based in Pittsburgh, Pennsylvania.

“We are excited to join forces with PNC Riverarch. We have spent years building the infrastructure to support a large, and sophisticated, organization and look forward to working together to aggressively pursue growth, both organically and through strategic partnerships,” said Valeri Marks, chief executive officer of MTA, in a statement. “Our laser focus on customer excellence remains a cornerstone to our business and all employee positions were retained.

Marks added in a statement to Tampa Bay Business and Wealth, “PNC Riverarch Capital will enable MTA to accelerate acquisitions and organic growth. We will be expanding our geographic footprint and enhancing our suite of service offerings while building upon our value proposition to our customers.”

MTA is one of the largest, single-source health care compliance companies in the United States, with regional hubs in Florida, Texas, Arizona, Kansas and Indiana. In addition to providing service on medical gas systems, MTA serves as a distributor for equipment manufacturers while also providing service, and repair, on equipment brands.

MTA is also a national provider of controlled environment solutions, including clean room and hood certification, and testing, services for pharmacies and labs.

Read more about Valeri Marks here. 

 

You May Also Like
Local dental lab expands in Hillsborough County

Cadmus Dental Lab, a creator of dental prosthetics, plans to increase its space with a new lease and increase its staff over the next three years. The Tampa-based company has

Read More
Visit St. Pete-Clearwater becomes an advertising sponsor for rugby league

Visit St. Pete-Clearwater, the destination marketing organization of Pinellas County on the Gulf Coast, has announced an 18-month partnership with the Betfred Rugby Super League. As an advertising sponsor, branded

Read More
St. Petersburg marketing agency names new CEO and president

Larry Aldrich has been named the new owner, president and chief executive officer of Aqua Marketing & Communications, with offices in St. Petersburg, Fort Lauderdale and Charleston, South Carolina. Aldrich

Read More
Elevated Leads announces addition of C-Suite executives

Insurance Elevated, an insurance services firm based in Ybor City, announced that its sister company Elevated Leads appointed Eric Perez as chief executive officer, the transition of Eric Bosworth from

Read More
Other Posts
PepsiCo becomes exclusive beverage provider for The Florida Aquarium

The Florida Aquarium has announced a five-year agreement with PepsiCo, to be the Aquarium’s exclusive non-alcoholic beverage provider, starting August 15. The Florida Aquarium and PepsiCo will also partner on

Read More
U.S. Army Corps of Engineers authorizes Port Tampa Bay’s plan to deepen channel

The U.S. Army Corps of Engineers has signed off on Port Tampa Bay’s General Reevaluation Report that details the port’s plan to deepen shipping channels. The plan calls for the

Read More
New Kahwa campaign pokes fun at all things pumpkin spice

Kahwa is kicking the pumpkin spice trend in the chin and bidding farewell to the flavor that has dominated the season for years. “This August, it’s time to celebrate a

Read More
Habitat for Humanity names Hernando County executive director

Habitat for Humanity of Pinellas, West Pasco and Hernando Counties has named Whitney Dinu as executive director as it expands its service area into Hernando County. In April, Habitat for

Read More