News & Insights

Recent News

BlackArch Partners Advises Havis, Inc. on its New Partnership with Guardian Capital Partners

CHARLOTTE, NC (December 15, 2020) – BlackArch Partners (“BlackArch”) is pleased to announce the partnership of Havis, Inc. (“Havis” or the “Company”) with Guardian Capital Partners (“Guardian”).

Havis, headquartered in Warminster, PA, is the branded leader in rugged workforce solutions for end users in the public safety and enterprise markets.  With nearly 80 years of history and a guiding ethos of “Comfort, Safety, Quality,” the closely held Company is widely regarded for the premium performance of its console, mounting and transport products. Havis maintains close partnerships with technology and vehicle OEMs to bring to market ergonomic, innovative product designs that increase the productivity of mobile workers.  The Company takes a customer-centric approach to business development, pulling its “total mobility solutions” through its distribution channel partners to meet end-users’ evolving requirements.  The principal family owners and executive management team will continue to lead Havis moving forward in partnership with Guardian.

BlackArch was retained by the Company to serve as its exclusive financial advisor.  The transaction further builds BlackArch’s expertise in the broader safety industry and engineered products vertical.  It also reinforces BlackArch’s reputation for advising closely held and family owned businesses.

Joe Bernert, President and CEO of Havis, stated, “The BlackArch team showed true commitment to the Company and the process from the start.  Their knowledge of our core public safety market helped the Company’s story resonate with potential partners at every juncture.  BlackArch’s clear advice and process judgment in uncertain times helped us find the right next partner in Guardian to help take Havis to the next level.”

Transaction Highlights

  • Havis, a closely held, family-run business, partnered with Guardian to build on the Company’s core business through investments in operational and strategic initiatives, new product development, and add-on acquisitions
  • The Company’s current executive management team and principal family owners will continue to operate the business moving forward
  • BlackArch leveraged its proven sector knowledge and hands-on execution to achieve an optimal outcome for management and the shareholders of Havis

About Havis, Inc.

Havis, Inc. (www.havis.com) designs and manufactures rugged mobile office solutions for end users in the public safety, utility, public works, military, government, transportation and general enterprise markets.  The Company has a legacy dating back over 80 years as a trusted manufacturer and provider of mission-critical equipment with a focus on the customer.  Built on a tradition of supporting the public safety sector under the Havis-Shields nameplate, the Company’s brand has grown and transformed significantly to cover a complete line of products that maximize mobile worker productivity with comfortable solutions, built to highest safety standards, with a focus on quality.  Havis is headquartered in Warminster, PA, and maintains a research, design and engineering office in Plymouth, MI.

About Guardian Capital Partners

Guardian Capital Partners (www.guardiancp.com) is a private equity firm based in suburban Philadelphia that invests in lower middle market consumer products, niche manufacturing, and specialty service companies. Guardian partners with management teams to provide equity capital to fuel the growth of family-owned businesses. The private equity experience and complementary skill sets of the Guardian team provide a unique combination of operating and finance capabilities resulting in certainty of execution and meaningful long-term value creation for its portfolio companies.

 

About BlackArch Partners

BlackArch Partners is a leading middle-market investment bank offering a full spectrum of advisory services to financial sponsors, private companies and diversified corporations. BlackArch addresses the needs of owner-operators, founders and shareholders of private companies with specialized services that include M&A advisory, strategic advisory and private capital solutions. Headquartered in Charlotte, NC, BlackArch features a total of 12 industry-focused practices that cover all sectors of interest to middle-market investors; BlackArch professionals have closed more than 350 transactions in 16 countries on four continents. Please visit our website, www.blackarchpartners.com, for more details.

Securities offered through BlackArch Securities LLC. Member FINRA and SIPC.  Testimonials may not be representative of the experience of all clients.  Testimonials are not a guarantee of future performance or success.