H.I.G. Capital has acquired Arco Limited, a leading UK distributor of safety equipment and provider of site safety services. The acquisition was completed through an affiliate of H.I.G., which manages $75 billion of capital.
Founded in 1884, Arco serves customers across the infrastructure, defense, utilities and healthcare markets. The company has developed long-standing relationships with a blue-chip national customer base, supported by its brand, product audit capabilities and safety expertise.
Under H.I.G.’s ownership, Arco plans to grow its customer base by expanding its products and services, investing in its digital proposition and pursuing strategic acquisitions in the UK and internationally.
Arco will continue focusing on safety expertise, customer service, product reliability and compliance while drawing on more than 140 years of experience in the sector.
H.I.G. plans to support the company’s next stage of development through its operational resources, international network and M&A capabilities. Arco is headquartered in Hull and maintains a network of branches across the UK.
KEY QUOTES:
“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.”
Guy Bruce, CEO of Arco
“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.”
Adam Taylor, Managing Director at H.I.G. Capital
