Behrman Capital Closes ~$250M Continuation Vehicle for Shurco
July 1, 2026
Behrman Capital closed Behrman Capital CV II L.P., a single-asset continuation vehicle of approximately $250 million connected to the sale of its portfolio company Shur-Co, LLC (Shurco). The continuation vehicle is managed by Behrman and backed by new and returning investors including Coller Capital, with additional investment from Northleaf Capital Partners and Siguler Guff; Behrman Capital VII also made a significant investment alongside the vehicle.
- Buyers
- Behrman Capital, Behrman Capital VII L.P., Behrman Capital CV II L.P., Coller Capital, Northleaf Capital Partners, Siguler Guff
- Targets
- Shur-Co, LLC (Shurco)
- Sellers
- Behrman Capital VI L.P. (Fund VI), Other investors
- Industry
- Industrial Services
- Location
- South Dakota, United States
- Transaction Type
- Recapitalization
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Behrman Capital Acquires Shur-Co
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Behrman Capital, a New York-based private equity firm, has acquired Shur-Co, LLC, a Yankton, South Dakota-based manufacturer of cargo covering and cargo control systems. Shur-Co—previously a subsidiary of PCM Companies (PCMC)—will continue to be led by CEO Terry Tennant and will partner with Behrman to accelerate its growth and product development across agriculture, construction, waste and rail end markets.
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