BHI Energy Sale to Harvest Partners

Technology & Services

BHI, a portfolio company of Berkshire Partners and Summit Partners, acquisition by Harvest


Summary

BHI Energy, Inc. (“BHI” or the “Company”), a portfolio company of Berkshire Partners and Summit Partners, recently completed its sale to Harvest Partners (“Harvest”). Terms of the transaction were not disclosed.

Baird served as the exclusive financial advisor to BHI Energy, Inc.

About

BHI is a leading provider of on-site personnel, value-added services, innovative technologies and solutions needed to support the full lifecycle of power facilities. The Company’s comprehensive services include: Radiation Protection Services, Professional & Technical Staff Augmentation, and Specialty Maintenance Services addressing the nuclear, fossil, renewable and government energy markets. Over its 30+ year history, BHI has built an outstanding reputation for safety, quality service and innovation, and has become the service provider of choice for many of the largest utilities and power-focused engineering firms in North America.

Harvest Partners is a New York based private equity investment firm that specializes in leveraged buyouts and growth financing in general industrial, business services and consumer / retail sectors.

Berkshire Partners, the Boston-based private equity firm, has invested in leading mid-sized companies for over twenty-five years through seven investment funds with aggregate capital of $6.5 billion. Berkshire has developed specific industry experience in several areas including retailing, consumer products, manufacturing, transportation, energy, business services and communications.

Summit Partners is a Boston based growth equity investor that provides private equity and venture capital to rapidly growing companies. Since its founding in 1984, Summit Partners has raised more than $11 billion in private equity and venture capital, and has invested in more than 300 growing businesses across North America, Europe and Asia.
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Technology & Services

BHI, a portfolio company of Berkshire Partners and Summit Partners, acquisition by Harvest

Date
November 2010
Company
BHI Energy, Inc.
Transaction
M&A - Sellside
Sectors
Technology & Services
Verticals
Facility, Industrial, Residential & Environmental Services
Target Geography
North America
Acquiror Geography
North America

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