H.I.G. Capital, a global alternative investment firm with $75 billion in assets under management, has acquired Arco Limited through an affiliate. Arco is a leading UK distributor of safety equipment and provider of on-site safety services to the infrastructure, defense, utilities and healthcare sectors. Founded in 1884 and headquartered in Hull, the company supplies safety clothing, protective equipment, safety services and training to established national customers through a UK branch network. Arco plans to broaden its offering, invest in its digital proposition and pursue strategic acquisitions in the UK and beyond while maintaining its focus on safety expertise, customer service, product reliability and compliance. H.I.G. said its operational resources, international network and M&A capabilities would support Arco’s next phase of growth. Since its founding in 1993, H.I.G. has invested in and managed more than 400 companies globally; its current portfolio includes more than 100 companies with combined revenue of over $53 billion.