BECO Holding Company (H.I.G. Capital) Acquires Electronic Supply Company and Grease Lock

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.

Echelon Supply and Service (HCI-backed) Acquires Berg-Nelson Company

April 4, 2022

Industrial Services

Echelon Supply and Service (ESS), backed by HCI Equity Partners, acquired Berg-Nelson Company, Inc. on March 30, 2022 as an add-on to the ESS platform. The acquisition expands ESS's West Coast distribution footprint and adds hose, gasket and custom assembly capabilities in Southern California; financial terms were not disclosed.

H.I.G. Capital Acquires Health-E Commerce from BPOC

June 18, 2024

E-Commerce

An affiliate of H.I.G. Capital has completed the acquisition of Health-E Commerce, the Dallas-based e-commerce retailer operating FSAstore.com, HSAstore.com and the Caring Mill private label. The majority stake in Health-E Commerce was previously held by BPOC (since 2019); H.I.G. will partner with management to expand product selection, telehealth services and technology integrations with third-party administrators to drive growth.

Freedom Electronics (Summit Park) Acquires ESCO Services and ESCO Manufacturing

June 8, 2022

Industrial Services

Freedom Electronics, a portfolio company of Summit Park, has acquired ESCO Services, Inc. and ESCO Manufacturing, LLC — aftermarket providers of refurbished electronic parts with locations in Michigan, Colorado, and Florida. The add-on expands Freedom's national footprint and technical capabilities in the retail fueling / petroleum aftermarket, creating a larger supplier of new and remanufactured parts for convenience stores and fueling stations.

Electrical Components International Acquires BHC Cable Assemblies

January 10, 2022

Manufacturing

Electrical Components International (ECI) has acquired BHC Cable Assemblies, a Burlington, Ontario-based manufacturer of wire harnesses, cable assemblies and electromechanical assemblies serving medical, aerospace, renewable energy and entertainment markets. BHC will continue to be led by its current management and operate from its two Burlington facilities as part of ECI's strategy to expand capabilities and presence in high-value, high-growth end markets.

EMCOR Group Acquires ECM Holding Group

July 5, 2023

Energy

EMCOR Group, Inc. has agreed to acquire ECM Holding Group, Inc., a national energy-efficiency specialty services firm headquartered in Oshkosh, Wisconsin, in an all-cash transaction. The acquisition expands EMCOR's energy efficiency and sustainability services capabilities, adding ECM's HVAC, lighting, water, weatherization and airflow management offerings (ECM had estimated 2023 revenues of $60 million).