Prospect teamed with Summit Companies’ management and outside executive Jeff Evrard to acquire the Company in a recapitalization of the business in July, 2006.
Summit Companies is a leading provider of fire sprinkler installation and maintenance services for commercial and multi-unit properties in the upper Midwest. Summit Companies also provides a full suite of fire, life and safety services, including fire extinguisher service and inspection. Customers include contractors, building owners and property managers.
Website: | https://summitfire.com |
Prospect Team: | Brad O'Dell, Lou Kenter |
Transaction Type: | Back Outside Executive |
Growth Strategy: | Platform Build Up |
Investment Date: | July 2006 |
Industry: | Safety & Security |
Sector: | Specialty Service (B2B) |
Status: | Realized |