Baird's Investment Banking Group is pleased to announce the following transaction:

Date:
November 2021
Company:
BECO Holding Company, Inc.
Description:
Sale to H.I.G. Advantage
Sector(s):
Distribution
Industrial
Baird served as exclusive financial advisor to BECO Holding Company, Inc. on this transaction

BECO Holding Company, Inc. ("BHC" or the "Company"), a portfolio company of Behrman Capital (“Behrman”), was recently acquired by an affiliate of H.I.G. Capital ("H.I.G."). Terms of the transaction were not disclosed.

Founded in 1941 and headquartered in Charlotte, North Carolina, BHC offers a wide range of value-added distribution and critical fire and life safety management services enabled by proprietary technology tools. The Company offers more than 200,000 products across every major fire and life safety brand, helping customers achieve critical fire life safety compliance.

Based in New York, New York, Behrman Capital was founded in 1991 by Grant G. and Darryl G. Behrman. The firm invests in management buyouts, leveraged buildups and recapitalizations of established growth businesses. Behrman’s investments are focused in three industries: defense and aerospace, healthcare services, and specialty manufacturing and distribution. The firm has raised $3.5 billion since inception and is currently investing out of its sixth fund.

H.I.G. is a leading global private equity and alternative assets investment firm with over $45 billion of equity capital under management.

For additional information about this transaction, please contact:

Jason Kliewer +1-813-273-8242
Nick Troyer +1-813-273-8204
Chris McMahon +1-312-609-4983
Chris Coetzee +1-312-609-4913
Rob Hamill +1-813-273-8243
Thomas Fetzer +49-69-1301-4920