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)
Status: Realized

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Posted on

April 12, 2021