Founded in 1941, BECO provides distribution and fire and life safety management services. It has 16 distribution centers to offer more than 200,000 products across major fire and life safety brand.
Grant G. Behrman, managing partner of Behrman Capital, said, “We are proud to have played an important role in BHC’s impressive growth during two successful periods of investment which collectively spanned 19 years.
“During our long partnership with BHC, we have spearheaded numerous acquisitions to drive portfolio growth and market expansion and supported multiple strategic initiatives. Importantly, our technology investments have positioned the Company at the forefront of tech-enabled distribution.”
Behrman has raised $3.5 billion since inception and is currently investing out of its sixth fund.
HIG currently manages more than $45bn across private equity, debt, infrastructure and real estate. The firm closed HIG Capital Partners VI on $1.3bn last year.
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