Sale to Harvest Partners

Technology & Services
Sale to Harvest Partners

Summary

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

About

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.

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.

For additional information about this transaction, please contact:

Les Cheek (617) 426-5789
John Lanza (414) 298-7669
Peter Kies (414) 765-7262
Hubble Hausman (414) 298-5018
Technology & Services
Sale to Harvest Partners
Date
November 2010
Company
BHI Energy, Inc.
Transaction
M&A
Sectors
Technology & Services
Target Location
North America
Acquiror Location
North America

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