First Atlantic Capital, Ltd., a private investment firm specializing in acquiring and growing middle-market companies, has acquired a majority interest in BHM Technologies ("BHM"), a leading full-service supplier of highly engineered, complex welded assemblies and precision-machined components. BHM's management, Lehman Brothers Co-Investment Partners and John Hancock Financial Services also participated in the transaction. The purchase price was not disclosed.

Headquartered in Michigan, BHM is uniquely positioned as a supplier of low- and high-volume complex assemblies with significant expertise in product design and engineering, advanced welded technology, precision metal-forming and large-diameter tube bending. The Company's products are marketed to a diverse customer base in a variety of industrial end markets, including light vehicle, construction and agricultural, as well as lawn and garden. BHM's experienced senior management team will continue to lead the Company.

First Atlantic acquired a majority interest in BHM through its most recent private equity fund, Atlantic Equity Partners IV, L.P. ("AEP IV"). The acquisition represents the first investment by AEP IV.

BHM has over 3,000 employees, operates ten manufacturing facilities, and has sales of over $400 million. The Company's products include welded assemblies, such as interior cockpit reinforcement, and tubular and exhaust hardware components, including fabricated tubes, exhaust hangers and machined tubular engine components.

"We are very pleased to be making an investment with a strong management team in a premier supplier of complex welded assemblies and tubular machine components," said Roberto Buaron, Chairman and Chief Executive Officer of First Atlantic Capital. "BHM, the first acquisition of our fourth fund, fits perfectly with our investment approach, as we intend to build the company through both continued investment in the business and strategic acquisitions. We believe BHM has excellent growth potential and we plan to expand on the Company's reputation for developing high-quality products and exceptional customer service."

Kirkland & Ellis LLP served as legal advisor to First Atlantic. BHM was represented by Giuliani Capital Advisors LLC and Robert W. Baird & Co. Incorporated as financial advisors, and Varnum, Riddering, Schmidt & Howlett LLP as legal advisor