White Mountains Partners, an operating company of White Mountains Insurance Group, announced that it has acquired a majority interest in BaseSix Systems LLC, a provider of building systems integration and aftermarket services.
Founded in 2018 and headquartered in Marietta, Georgia, Basesix delivers design, installation, retrofit, maintenance, and repair services for mission critical low voltage building systems. The company serves commercial and institutional customers across fire and life safety, network and wireless, security and access control, and audio visual systems.
The acquisition positions Basesix to accelerate its growth strategy, including expanding into new markets and pursuing strategic acquisitions. White Mountains Partners focuses on providing institutional capital to founder led businesses in essential services and light industrial sectors, aligning with Basesix’s multidisciplinary systems integration model.
Support: Advisors on the transaction included Morgan, Lewis and Bockius LLP as legal counsel to White Mountains Partners, Deloitte Corporate Finance LLC as financial advisor, and Miller and Martin PLLC as legal counsel to Basesix.
KEY QUOTES:
“Basesix was founded with a vision to build a best-in-class multidisciplinary systems integration platform. Under the leadership of Co-Founders, Robb Borden (CEO) and Chris Atwell (Executive Vice President), the Company’s senior management team, and Basesix’s divisional and functional Champions, the Company has achieved significant organic growth and earned an exceptional reputation for on-time, on-budget, high quality work for the most complex integration requirements. We look forward to collaborating with Basesix to help enable the Company’s next chapter of growth.”
John Daly, CEO and Managing Partner, White Mountains Partners
“I would like to express my sincere gratitude to all Basesix employees. Your unwavering dedication and hard work have been the driving force behind building the Company into what it is today. We have now reached an inflection point in Basesix’s evolution where the next logical step is to join forces with a strong financial partner to pursue the significant growth opportunities ahead, including opening new offices and strategic acquisitions. We sought a capital partner who shared our core principles, unwavering culture, and strategic vision. We are excited to partner with WMP to build upon our proven model of success.”
Robb Borden, Co-Founder and CEO, Basesix
