H.I.G. Capital Finalizes Acquisition of Arco Limited
H.I.G. Capital, a prominent global alternative investment firm managing assets worth approximately $75 billion, has successfully completed the acquisition of Arco Limited, one of the leading distributors of safety equipment in the UK. This strategic move not only bolsters H.I.G.'s portfolio but also positions Arco for further growth in the safety sector.
Founded in 1884, Arco has established a strong reputation over its 140-year history, serving a national client base in critical sectors like infrastructure, defense, utilities, and healthcare. The company is recognized for its extensive range of safety products, safety audit capabilities, and its commitment to delivering high-quality service.
In conjunction with its newly acquired status, Arco aims to enhance its product and service offerings. The company plans to invest in digital advancements and actively pursue strategic acquisitions to expand its reach both in the UK and internationally. Continuity in prioritizing safety expertise, customer service, and compliance standards remains crucial as Arco looks to develop in the coming years.
Guy Bruce, CEO of Arco, has expressed enthusiasm about the new partnership with H.I.G. “We are delighted to welcome H.I.G. as our new investment partner. Arco has built a strong reputation by closely collaborating with our clients to provide high-quality products and services that prioritize the health and safety of their employees,” he stated. He also highlighted H.I.G.'s shared ambition for the company and their valuable experience in supporting businesses as they expand.
Adam Taylor, the head of H.I.G.'s London office, further emphasized Arco’s leadership position in the safety clothing and protective equipment market. He noted that the company has differentiated itself through strong customer relationships and an extensive product and service offering. Taylor commented, “Arco aligns perfectly with H.I.G.'s strategy of partnering with high-quality companies to leverage our operational resources, global network, and M&A expertise to aid their next phase of growth.”
With a plan focused on enhancing its capabilities, increasing its product line, and responding to customer demands, Arco stands on the brink of new opportunities. Established in Hull, the company boasts a nationwide network of branches and has enjoyed longstanding affiliations with numerous high-profile clientele across various sectors.
H.I.G. Capital, with a diverse investment strategy, specializes in providing both equity and debt financing to mid-market companies. The firm supports a range of business needs, including management buyouts, recapitalizations, and distressed company acquisitions. With more than 400 companies managed globally since its inception in 1993, H.I.G. is well-positioned to guide Arco through its transformation and growth journey.
As the market for safety equipment continues to evolve, the partnership between H.I.G. Capital and Arco Limited promises exciting developments. The commitment to maintaining exceptional standards in safety, reliability, and compliance will undoubtedly keep Arco at the forefront of the industry.
For more details about Arco and its product offerings, visit
arco.co.uk. For further insights on H.I.G. Capital, please check their official website at
hig.com.