CHICAGO — Private equity firm High Street Capital, based here, announces its investment in BCD Int’l in partnership with Founder and CEO Jeff Burgess.
Terms of the transaction were not disclosed. The announcement states the investment will result in a partial recapitalization and support the company’s strategic growth plans.
“Our investing and operating teams will be working closely with the management team to hire additional sales personnel to take advantage of a rapidly growing market, further develop and expand the company’s hybrid cloud solutions, and continue to organically grow market share both domestically and internationally,” the announcement states.
BCD Int’l, located in Buffalo Grove, Ill., provides mission-critical and purpose-built video surveillance data storage appliances to security integrators, private label/OEMs and distributors. The company is comprised of three divisions: BCDVideo, Video Storage Solutions (VSS) and BCDOEM.
In April, BCDVideo was awarded the 2021 Intel OEM Innovation Partner of the Year honor for creating the REVOLV platform of hybrid hyperconverged infrastructure (hHCI) systems. The platform is said to allow users to consolidate disaggregated workloads and scale compute and storage with ease, all powered by Intel Xeon Scalable processors.
The company’s success has been driven by its solutions-based selling approach, high-quality, performance-driven product portfolio, industry leading turnaround times and an inclusive and empowering internal culture that has resulted in BCD being named to the “Best Places to Work in Illinois” list for the each of the past three years.
“I chose High Street Capital as they have a proven history of partnering with their portfolio companies to drive strategic growth,” says Burgess. “I’m excited to see where we can take BCD together.”
The acquisition represents High Street’s fourth platform investment for Fund V. The firm is seeking new platform investment opportunities in the areas of outsourced business services, niche manufacturing and value-added distribution with revenues between $10 million and $100 million, according to the announcement.
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