Platte River Equity Acquires Building Controls & Solutions

Author

Slice of Real Estate Team
February 07, 2025

Key Highlights:

  • Platte River Equity has acquired Building Controls & Solutions (BCS) from LKCM Headwater Investments.

  • BCS is a value-added distributor of building automation solutions, improving building performance, energy efficiency, and occupant comfort.

  • Platte River aims to leverage its industrial distribution expertise to accelerate BCS's growth.

  • BCS operates 24 branches across North America, serving sectors like education, government, and healthcare.

  • Bartlit Beck LLP provided legal counsel, and Intrepid Investment Bankers advised Platte River on the transaction.

Source: PR Newswire

Notable Quotes:

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"BCS is a great example of Platte River's continued strategy of partnering with niche, market leaders within its target sectors. We look forward to leveraging our experience within industrial distribution to continue to build upon the impressive platform Eric, Christopher, and the team have established."

Mark Brown, Managing Director at Platte River Equity
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"BCS has been a company we've held in high regard, and we're eager to support its next phase of growth. With the sector's attractive trends and the Company's strong positioning, we're enthusiastic about the future ahead."

Tarun Kanthety, Vice President at Platte River Equity
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"BCS is committed to delivering the highest value to our customers through our people, technologies, and product and service offerings. We are confident that our partnership with Platte River will bring additional resources to support our future growth across North America."

Eric Chernik, CEO at BCS

Why This Matters:

This acquisition underscores Platte River Equity's strategic commitment to industrial distribution and building automation solutions, a sector poised for strong growth amid increasing demand for energy efficiency and intelligent building management. With Platte River’s resources and expertise, BCS is well-positioned to expand its market reach, enhance technological capabilities, and deliver greater value to customers across North America.