H.I.G. Capital Acquires BECO Holding Company from Behrman Capital
November 4, 2021
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.
- Buyers
- H.I.G. Capital
- Targets
- BECO Holding Company, Inc.
- Sellers
- Behrman Capital
- Industry
- Logistics & Distribution
- Location
- North Carolina, United States
- Transaction Type
- Recapitalization
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