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.
|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)|