BZ Private Credit is pleased to announce the completion of a senior financing package to support H.I.G. Capital’s acquisition of Arco, a leading UK provider of safety products and professional safety services.
Founded in 1884 and headquartered in Hull, Arco provides workplace safety products and services to customers across a broad range of UK industries, including PPE, workwear, safety footwear, training, and consultancy.
The financing package comprises a mix of asset-based and cashflow facilities, providing acquisition funding alongside ongoing working capital capacity. The transaction demonstrates BZ’s hybrid approach to delivering tailored financing solutions to leading private equity investors and growth-oriented businesses.
Elliot Robinson, Director at H.I.G. Capital, commented: “BZ provided a flexible financing package tailored to the needs of the transaction and Arco. We look forward to working with BZ as we support Arco through its next phase of growth.”
Dan Carr, CFO at Arco, commented: “This transaction marks an exciting new chapter for Arco. The financing provides us with the flexibility to continue investing in our people, customers, and proposition as we build on Arco’s long-standing position in the UK safety market.”
Peter Jaffe, CEO of BZ, commented: “We are delighted to support H.I.G. on its acquisition of Arco. The transaction is a strong example of BZ’s ability to combine asset-based and cashflow lending to deliver a flexible solution.”
Cem Yaslak, Managing Director at BZ, commented: “We’re proud to have supported H.I.G. This transaction highlights BZ’s ability to deliver tailored capital solutions that support our clients’ strategic ambitions.”
BZ provides structured facilities of up to £200 million, supporting clients across a broad range of sectors and jurisdictions. By combining asset-based working capital facilities with term and cash flow tranches, BZ delivers flexible, tailored private credit solutions that meet strategic objectives. Backed by Davidson Kempner Capital Management, BZ brings deep structuring expertise and substantial financial capacity to deliver scalable funding with speed and certainty.
BZ was advised by Mayer Brown.