Deal Details
BHC Is Acquired by H.I.G.
Summary
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.
Baird served as exclusive financial advisor to BECO Holding Company, Inc. on this transaction.
About
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.
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- Date
- November 2021
- Company
- BECO Holding Company, Inc.
- Transaction
- M&A - Sellside
- Sectors
- Industrial
- Verticals
-
Distribution
- Target Geography
- North America
- Acquiror Geography
- North America
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