BIC Graphic announces it has been sold

sleepye1

8 years ago

BIC Graphic Press Release:

“We are excited about partnering with H.I.G. for the next stage of our growth,” said Emmanuel Bruno, vice president/general manager BIC Graphic North America. “We believe that they are the right partners to support our strategy and invest in our future.”

H.I.G. Capital is a leading global private equity investment firm with $21 billion of equity capital under management. H.I.G. focuses on investing in companies with leadership positions in attractive markets. Since its founding in 1993, H.I.G. has invested in more than 200 companies worldwide, including successful investments in the promotional products sector. The firm also has extensive experience investing in divisions of public companies, supporting their successful transition to private ownership.

“We are very excited to partner with the BGNA team,” said Camilo E. Horvilleur, managing director at H.I.G. “We believe BGNA is a differentiated leader in a consolidating market due to its compelling customer value proposition. We see tremendous opportunities in the business and are excited to support their growth as they continue to broaden and deepen their customer relationships.”

BIC Graphic’s management team will continue to run the business and its valued customers and suppliers can expect the same high levels of quality and service from the company with increased support for innovation and strategic growth initiatives. The closing is expected by June 30, 2017.