M&A Deal Summary

Summit Companies Acquires General Fire and Safety Equipment Company

On August 16, 2024, Summit Companies acquired safety/security company General Fire and Safety Equipment Company

Acquisition Highlights
  • This is Summit Companies’ 23rd transaction in the Safety/Security sector.
  • This is Summit Companies’ 24th transaction in the United States.
  • This is Summit Companies’ 1st transaction in Iowa.

M&A Deal Summary

Date 2024-08-16
Target General Fire and Safety Equipment Company
Sector Safety/Security
Buyer(s) Summit Companies
Deal Type Add-on Acquisition

Target

General Fire and Safety Equipment Company

Des Moines, Iowa, United States
General Fire and Safety Equipment Company offers comprehensive fire and life safety solutions for businesses and communities throughout Iowa. The Company has expertise in fire alarms, fire suppression systems, commercial kitchen systems, fire extinguishers, and alarm system monitoring. General Fire and Safety Equipment Company was formed in 1964 and is based in Des Moines, Iowa.

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Buyer(S) 1

Buyer

Summit Companies

Mendota Heights, Minnesota, United States

Category Company
Founded 1999
Sector Business Services
DESCRIPTION

Summit Companies is a provider of fire and life safety service and installation company. Summit's end-to-end capabilities include inspection, testing and monitoring, service and repair, installation, and consulting services for fire protection, life safety, and security systems. Summit Companies was established in 1999 and is based in Mendota Heights, Minnesota.


DEAL STATS #
Overall 24 of 26
Sector (Safety/Security) 23 of 25
Type (Add-on Acquisition) 24 of 26
State (Iowa) 1 of 1
Country (United States) 24 of 26
Year (2024) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-03 Fire & Life Safety America

Richmond, Virginia, United States

Fire & Life Safety America is a provider of fire and life safety services to the commercial, industrial, institutional and multy-family markets. Fire & Life Safety America was founded in 1997 and is based in Richmond, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-02 Cartersville Fire Protection

White, Georgia, United States

Cartersville Fire Protection provides fire sprinkler services. Cartersville Fire Protection was formed in 1983 and is headquartered in White, Georgia.

Buy -