BECO(Link opens in new window)
Partnering with a Differentiated Distributor in the Niche Safety and Fire Protection Equipment Markets
Based in Charlotte, North Carolina, BECO is a leading business-to-business wholesale distributor of safety and fire protection equipment and related parts. Founded in 1941, BECO is well-regarded for its commitment to customer service and quality products.
Over Freeman Spogli’s holding period, BECO launched various initiatives to increase average sales per customer, win new accounts and drive operational improvements. The company opened two new distribution centers over Freeman Spogli's holding period and expanded its outside field sales representative program to cover four distinct markets.
Integral link between OEMs and small independent installers / customers.
Sales Growth During Hold Period
New Distribution Centers During Hold Period
EBITDA Growth During Hold Period
Expanded Product Offerings
Partnered with key suppliers on exclusive product launches, entered into complementary product categories, and increased penetration of private label merchandise
Enhanced Operational Initiatives
Continued to develop sourcing capabilities and capitalize on working capital improvements initiated by vendor and customer profitability analyses
Expanded Product Offerings
Partnered with key suppliers on exclusive product launches, entered into complementary product categories, and increased penetration of private label merchandise