Platte River Equity Acquires Building Controls & Solutions
- Editor
- Feb 3
- 1 min read
What's Happening: Platte River Equity, a Denver-based private equity fund, has acquired Building Controls & Solutions (BCS) from LKCM Headwater Investments. BCS is a value-added distributor of building automation solutions, offering products and services to optimize building performance and energy efficiency.
The Key Moves:
Platte River Equity adds BCS to its portfolio of industrial companies.
The acquisition aligns with Platte River's strategy of partnering with niche market leaders.
BCS has 24 branches across the U.S. and Canada, serving various commercial building markets.
By The Numbers :
Platte River Equity has raised five funds with committed capital exceeding $1.7 billion.
BCS operates 24 branches strategically located across the U.S. and Canada.
*BTN3*
Key Quotes:
Mark Brown, Managing Director of Platte River: 'BCS is a great example of Platte River's continued strategy of partnering with niche, market leaders within its target sectors.'
Eric Chernik, CEO of BCS: 'We are excited for the next big chapter with Platte River. BCS is committed to delivering the highest value to our customers through our people, technologies and product and service offerings.'
*KQ3*
The Bottom Line: The acquisition of BCS by Platte River Equity represents a strategic move to expand its presence in the building automation and energy efficiency sector. This partnership aims to leverage Platte River's experience in industrial distribution to support BCS's growth across North America.
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