WAYNE, Pa.--(BUSINESS WIRE)--Guardian Capital Partners announced that it has invested in Havis, Inc. Guardian partnered with the Company’s executive management team and principal family owners who will continue to operate the Company moving forward.
Headquartered in Warminster, PA, Havis (https://www.havis.com/) is a leading designer and manufacturer of ruggedized mobile workforce solutions for public safety and enterprise markets. For more than 80 years, the Havis mission has been to increase mobile worker productivity with industry-leading products built to the highest safety and quality standards and designed with comfort in mind. Havis partners closely across its ecosystem of vehicle and computer OEMs, channel partners, and end users to deliver a portfolio that spans computing, mounting, transportation, and emerging product categories. The Company takes a customer-centric approach to its business and is dedicated to consistently researching and developing innovative, value-added products and solutions for mobile and related applications worldwide. Guardian and the Havis management team are extremely excited to build on the Company’s core business through investment in operational and strategic initiatives, new product development, and add-on acquisitions.
Scott Evans, Managing Partner at Guardian, stated, “Guardian is thrilled to partner with Havis and its existing management team as the Company transitions into its next stage of growth. The partnership will allow the Company to expand on its rich history, strong relationships, and robust track record of performance to advance its leadership position in the ruggedized mobile workforce solutions space and beyond.” Adrian Ironside, Partner at Guardian, added, “Guardian’s experience in the niche manufacturing space will allow us to provide the operational insight necessary to execute key strategic initiatives. We are excited to join forces with the Havis team.” Joseph P. Bernert III, CEO and President of Havis, said, “Our partnership with Guardian will allow us to take advantage of the many opportunities in front of us, while staying connected to the values and key attributes that have contributed to our longevity. We look forward to continuing to support our customers across the globe, leveraging Guardian’s knowledge of the mounting industry and capabilities in building businesses, and accelerating our path to new products, customers, and markets.”
The law firm Ballard Spahr advised Guardian. CIBC Bank USA, serving as Administrative Agent, and The Huntington National Bank provided financing in connection with the transaction. BlackArch Partners was the exclusive financial advisor, and Cozen O’Connor acted as legal counsel to Havis.
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.
