H.I.G. Capital completes buyout of UK safety distributor Arco

H.I.G. Capital, which manages $75 billion in capital, said an affiliate has completed the acquisition of Arco Limited, the UK's leading distributor of safety equipment and a provider of on-site safety services to infrastructure, defense, utilities and healthcare customers. Founded in 1884, Arco plans to broaden its product and service range, invest in digital and pursue bolt-on acquisitions in the UK and abroad. Terms were not disclosed.

Why it matters: Arco gives H.I.G. a 140-year-old platform in industrial safety distribution, a sector prized for recurring, regulation-driven demand.