CapVest Acquires Recochem from H.I.G. Capital

Recochem Acquires KOST USA

December 2, 2020

Manufacturing

Recochem, a portfolio company of H.I.G. Capital, has acquired KOST USA Inc., a Cincinnati-based manufacturer and marketer of automotive coolants and functional fluids. The acquisition expands Recochem's presence in the United States and strengthens its position as a scaled player in the North American automotive aftermarket fluids market.

Recochem Acquires Paint Over Rust Products (POR-15)

January 8, 2021

Consumer Products

Recochem, an H.I.G. Capital portfolio company, has acquired Paint Over Rust Products (POR), the maker of the POR-15 metal restoration and rust-preventative product line. The acquisition expands Recochem's U.S. branded car care portfolio and will leverage Recochem's digital marketing capabilities and broad distribution footprint to grow POR across North America; H.I.G. Capital backed the transaction.

Wynnchurch Capital Acquires Reagent Chemical & Research

May 3, 2024

Industrial Services

Wynnchurch Capital has acquired Reagent Chemical & Research, a family-owned specialty distributor of hydrochloric acid headquartered in Ringoes, New Jersey, in partnership with management. Wynnchurch said it will support the company's next phase of growth, leveraging Reagent's national infrastructure of terminals, railcars, trailers, storage tanks and pipelines.

H.I.G. Capital Acquires BECO Holding Company from Behrman Capital

November 4, 2021

Logistics & Distribution

An affiliate of H.I.G. Capital has acquired BECO Holding Company, Inc. from Behrman Capital; financial terms were not disclosed. BECO, headquartered in Charlotte, North Carolina, operates 16 distribution centers and provides fire suppression, life safety and kitchen system products and services; the company's leadership will remain with a significant ownership stake in the recapitalized business.

HEPACO Acquires PetroChem Recovery Services

January 18, 2019

Environmental Services

HEPACO, a Gryphon Investors-backed emergency response and environmental services platform, has acquired PetroChem Recovery Services from Succession Capital Partners. The Norfolk, Virginia-based PetroChem will expand HEPACO's emergency response and environmental remediation capabilities and geographic coverage in the Mid-Atlantic; terms were not disclosed.

H.I.G. Capital Acquires BioVectra Inc.

November 4, 2019

Pharmaceuticals

H.I.G. Capital, through an affiliate, completed the acquisition of BioVectra Inc., a Canadian contract development and manufacturing organization (CDMO) specializing in active pharmaceutical ingredients (APIs), intermediates and biologics. The deal — a carve-out from Mallinckrodt — positions H.I.G. to support BioVectra's growth and further expand its manufacturing capabilities across Charlottetown, Prince Edward Island and Windsor, Nova Scotia.