M&A Deal Summary

ARC Industries Acquires Summit Environmental Services

On July 1, 2018, family office ARC Industries acquired environmental company Summit Environmental Services

Acquisition Highlights
  • This is ARC Industries’ 3rd transaction in the Environmental sector.
  • This is ARC Industries’ 9th transaction in the United States.
  • This is ARC Industries’ 1st transaction in Indiana.

M&A Deal Summary
Date 2018-07-01
Target Summit Environmental Services
Sector Environmental
Buyer(s) ARC Industries
Deal Type Buyout (LBO, MBO, MBI)

Target

Summit Environmental Services

Indianapolis, Indiana, United States
Summit Environmental Services provides environmental services such as industrial cleaning, disposal, emergency response, and remediation. Summit Environmental Services was founded in 1999 and is based in Indianapolis, Indiana.

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Buyer(S) 1

Buyer

ARC Industries

Category Family Office
Founded 1999
Size Small
Type Sector Agnostic
DESCRIPTION

ARC Industries, Inc. is a family office focused on acquiring established companies in traditional industries from retiring owners. The Firm targets profitable, smaller companies with $1 to $10 million of EBITDA. Specific areas of interest include environmental services, plastics, and sign manufacturing. ARC Industries, Inc. was established in 1999 and is headquartered in Charlotte, North Carolina.

DEAL STATS #
Overall 9 of 17
Sector (Environmental) 3 of 4
Type (Buyout (LBO, MBO, MBI)) 8 of 16
State (Indiana) 1 of 1
Country (United States) 9 of 17
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-01 Reeves Extruded Products

Arvin, California, United States

Reeves Extruded Products provides custom, short-run extruded plastic products for its customers, who are primarily lighting OEMs and point-of-purchase display companies. Reeves Extruded Products was founded in 1967 and is based in Arvin, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-18 PetroChem Recovery Services

Norfolk, Virginia, United States

PetroChem Recovery Services, Inc. is a full-service emergency response, industrial, hazardous and non-hazardous waste environmental services and remediation company. Since 1982, PetroChem Recovery Services has provided cost-effective, timely and environmentally conscious services .PetroChem offers a comprehensive line of environmental services including: 24-hour emergency response to chemical and petroleum spills, groundwater testing and remediation, industrial cleaning for maintenance and shutdowns, vacuum truck services, recycling of waste/oil fuels/oil filters and the transportation and disposal of hazardous and non-hazardous materials. PetroChem Recovery Services was founded in 1982 and is based in Norfolk, Virginia.

Sell -
Mergr

Product

Company

Legal