H.I.G. Capital Completes Acquisition of Arco

H.I.G. Capital ("H.I.G."), a leading global alternative investment firm with $75 billion of capital under management, is pleased to announce that one of its affiliates has acquired Arco Limited ("Arco" or the "Company"), a leading UK distributor of safety equipment.Arco is the UK's leading distributor of safety equipment and a provider of site safety services, serving the infrastructure, defence, utilities, and healthcare end-markets. Founded in 1884, the Company has built long-standing relationships with a blue-chip, national customer base, underpinned by its significant brand equity, product audit capabilities, and deep safety expertise.The Company sees an opportunity to support and grow its customer base by expanding its product and service offering, investing in its digital proposition, and pursuing strategic acquisitions of complementary businesses in the UK and abroad. Throughout, the Company will remain focused on safety expertise, customer service, and the highest levels of product reliability and compliance, drawing on over 140 years of experience in the sector.Guy Bruce, CEO of Arco, commented: "We are delighted to welcome H.I.G. as our new investment partner. Over more than a century, Arco has built its reputation by working closely with customers and providing high-quality products and services that protect the health and safety of their employees. H.I.G. shares our ambition for the business and brings significant experience helping companies grow, both in the UK and internationally. We look forward to working together to invest in our people and capabilities, broaden our product and service offering, and continue delivering the high standards our customers expect from Arco."Adam Taylor, Managing Director in H.I.G.'s London office, said: "Arco has established a leading position as the UK's foremost experts in safety wear and protective equipment, supported by long-standing, blue-chip customer relationships and a differentiated product and service proposition. Arco is a strong fit with H.I.G.'s strategy of partnering with high-quality businesses where we can use our operational resources, international network, and M&A capabilities to support the next phase of growth. We are excited to be working with the Arco team, and we look forward to supporting the Company's customers with best-in-class products and services."

H.I.G. Capital Completes Acquisition of Arco

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