H.I.G. Capital Acquires Electronic Supply Company in AL - Modern Distribution Management

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H.I.G. Capital Acquires Electronic Supply Company in AL

ESC is a 68-year-old distributor of low voltage, security products and monitoring station services.

Investment firm H.I.G. Capital announced Dec. 7 that its subsidiary, BECO Holding Company — an independent provider of critical fire, life safety and security solutions — has acquired fellow distributor Electronic Supply Company and the Grease Lock product line.

The firm said the additions accelerate BHC’s strategic expansion of product segments, vendor relationships and territories. As part of the transactions — for which terms were not disclosed — BHC will support and accelerate long-term growth initiatives at both businesses and look to capitalize on commercial synergy opportunities.

Founded in 1956 and headquartered in Mobile, AL, Electronic Supply Company is a wholesale distributor of low voltage and security products and provider of monitoring station services with seven locations across the Southeastern U.S.

Developed in 2004, Grease Lock is a patented product line that is engineered to capture up to 98% of airborne kitchen grease, simplifying hood maintenance and augmenting fire safety in commercial kitchens. 

“We are thrilled to welcome ESC and Grease Lock to BHC, the nation’s premier provider of fire, life safety, and security products and technologies,” said Eric Smith, BHC’s Chief Executive. “As market leaders within their respective areas with complementary products and services, these businesses are a natural fit for the BHC platform. We are very excited to accelerate their long-term growth plans to better serve our customers.”

BHC serves independent service providers and national account customers through its OEM relationships, product assortment and 16 distribution centers nationwide. BHC operates an integrated and cohesive platform through brands that include: Brooks Equipment, Logistics Supply, Heiser Logistics, L&J Fire Equipment, Commercial Fire and Water Specialties.

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