Press Release

Mesirow Advises Barco Products on its Recapitalization and Partnership with Argosy Private Equity

  • Barco Products is a leading multi-channel marketer, manufacturer and distributor of commercial outdoor site furnishings and traffic safety products
  • Founded in 1985 by Cyril Matter, serves a large base of over 310,000 parks, municipalities, schools, contractors, property managers and other customers 
  • The transaction, executed by Mesirow, highlights the firm’s multi-sector expertise within consumer and e-commerce as well as niche manufacturing and distribution

CHICAGO, August 30, 2023 – Mesirow, an independent, employee-owned financial services firm, today announced it acted as the exclusive financial advisor to Barco Products (“Barco” or the “Company”) on its recapitalization and partnership with Argosy Private Equity (“Argosy”). Argosy made a significant investment to support future growth, including acquisitions.

Founded in 1985 by Cyril Matter, Barco Products is a multi-channel marketer, distributor and manufacturer of commercial outdoor site furnishings, such as benches, picnic tables, waste receptacles, parking lot products, speed bumps and park accessories, among others. It is headquartered in Batavia, Illinois, with a manufacturing facility in Waukesha, Wisconsin.

Cyril Matter, Chief Executive Officer of Barco Products, said, “Barco Products has transformed outdoor spaces everywhere since 1985, and we are defined by both our expertise in outdoor products and our dedication to our customers, through solving their problems and going above and beyond to meet their needs. We are excited to work with a partner who shares our values, and Mesirow identified Argosy Private Equity as an ideal buyer who works closely with companies like ours. We look forward to the continued growth of Barco Products under Argosy’s ownership.”

“It was an honor to represent Barco Products on this transaction and we are thrilled to have reached a successful outcome,” said Jeff Golman, Vice Chairman of Mesirow Investment Banking. Rocky Pontikes, Managing Director, added “The Company has built a stellar reputation in the market by providing quality products and best-in-class customer service for over 38 years.  The Barco and Argosy partnership positions the Company for long term strategic growth.”

The sale of Barco Products to Argosy Private Equity represents another successful assignment completed by Mesirow Investment Banking and highlights the firm’s significant expertise across its various sectors, namely consumer and e-commerce as well as niche manufacturing and distribution. Committed to nurturing deep long-standing relationships, Mesirow has a proven track record of completing highly tailored and successful transactions on behalf of clients.

About Mesirow 

Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago, with offices around the world, we serve clients through a personal, custom approach to reaching financial goals and acting as a force for social good. With capabilities spanning Global Investment Management, Capital Markets & Investment Banking, and Advisory Services, we invest in what matters: our clients, our communities and our culture. To learn more, visit and follow us on LinkedIn.

Mesirow was recently named one of the Best Places to Work in Chicago by Crain’s Chicago Business and one of the Top Workplaces by the Chicago Tribune.

About Barco Products

Barco Products is a leading nationwide provider of functional commercial site furnishings. Over 310,000 businesses have put their trust in Barco, which has provided them with industry-leading expertise and customer service. Learn more:

Recent news

Wealth manager Front Barnett joins Mesirow, further expanding firm’s wealth management offering

Read article

Strong net inflows and performance drive Mesirow Equity Management’s AUM above $1 billion

Read article