#H.I.G. Capital #United Kingdom #Safety Equipment #Arco Limited #Hull

H.I.G. Capital Completes Acquisition of Arco

In an impressive move that showcases its commitment to growth in the safety equipment sector, H.I.G. Capital, a renowned name in the alternative investments landscape, has finalized the acquisition of Arco Limited, a prominent distributor of safety gear in the UK. This acquisition marks a significant strategic advancement for Arco, a company with a rich history that dates back to 1884, when it was established in Hull. With over 140 years of experience, Arco has built a robust reputation, known for its dedication to quality and safety in workplace environments.

The Significance of Arco's Acquisition

H.I.G. Capital currently manages a staggering $75 billion in assets, positioning it as a powerhouse within the investment community. The acquisition of Arco is expected to solidify H.I.G.'s footprint in the safety and protective equipment market, allowing Arco to enhance its service offerings and expand its reach. Arco has long served a wide array of clientele including major sectors like infrastructure, defense, utilities, and healthcare, demonstrating its versatility and reliability as a safety solutions provider.

As part of its strategy post-acquisition, Arco aims to broaden its customer base by amplifying its product and service offerings. This includes significant investments in digital platforms to enhance customer engagement and accessibility. Furthermore, the company intends to pursue strategic acquisitions of complementary companies both within the UK and abroad, thereby seeking to capitalize on new growth opportunities.

The emphasis will remain on safety expertise, exceptional customer service, and maintaining high standards of product reliability and compliance. Guy Bruce, CEO of Arco, echoed the sentiments of excitement about the new partnership with H.I.G., emphasizing the firm’s shared vision for the future of Arco. He noted that the intention to work closely with customers to ensure that the highest standards of health and safety are met will continue to be a central focus for the company.

Strategic Fit and Future Plans

Adam Taylor, Managing Director at H.I.G. stated, “Arco has established itself as a leading expert in health and safety equipment in the UK, supported by its long-term relationships with major corporations and a differentiated product offering.” This sentiment reflects H.I.G.'s strategic approach to align with high-quality businesses where its operational skills and international network can be utilized to foster further growth.

Moving forward, both H.I.G. and Arco will work together on investing in employee development and enhancing their product offerings, responding to the ever-evolving needs of customers. This collaboration is set to leverage H.I.G.'s extensive experience in growing businesses to propel Arco into its next phase of expansion. The integration stands to not only benefit Arco’s staff and partners but also ensure that customers receive an unmatched level of service and safety products.

About Arco

Arco stands at the forefront of the safety equipment distribution industry in the UK, offering a comprehensive range of personal protective equipment (PPE), safety training, and consultancy services. With a distribution network across the UK, Arco continues to serve numerous blue-chip clients, ensuring workplace safety and compliance.

To learn more about Arco and its offerings, visit arco.co.uk.

About H.I.G. Capital

Founded in 1993, H.I.G. Capital has invested in over 400 companies globally, managing more than 100 active portfolio companies with a combined revenue of over $53 billion. Their mission centers on providing flexible, value-added financing to mid-sized businesses, with operations in America and a diverse range of locations overseas. To find out more, visit hig.com.

As H.I.G. Capital and Arco gear up to unlock new avenues of growth, this acquisition is anticipated to play a crucial role in shaping the landscape of safety equipment distribution, benefiting both companies and their clientele significantly.