Tag: Specialty Distribution Group
PE firm buys back distributor it previously sold
September 17, 2014Tess Nacelewicz
CHARLOTTE, N.C.—Private equity firm Behrman Capital likes BECO Holding Company, a wholesale distributor of fire equipment based here, so much that it recently bought the company back after selling it four years ago.“They really like the company, the team and the market that it was in,” David Kennedy, a director at Harris Williams & Co., a middle market investment bank that advised BHC on the deal, told Security Systems News.He added, “I think there's a lot that Behrman thinks...