M&A Deal Summary

Summit Companies Acquires Summit Fire & Security

On August 1, 2018, Summit Companies acquired safety/security company Summit Fire & Security

Acquisition Highlights
  • This is Summit Companies’ 3rd transaction in the Safety/Security sector.
  • This is Summit Companies’ 4th transaction in the United States.
  • This is Summit Companies’ 1st transaction in Nevada.

M&A Deal Summary
Date 2018-08-01
Target Summit Fire & Security
Sector Safety/Security
Buyer(s) Summit Companies
Deal Type Add-on Acquisition

Target

Summit Fire & Security

Reno, Nevada, United States
Summit Fire & Security provides fire protection and life safety services: fire alarm installation, inspection & repair, kitchen range-hood suppression systems installation, inspection & repair, kitchen exhaust cleaning, fire extinguisher sales, service & installation, fire extinguisher training classes, fire hydrant inspections, testing & repair, back-flow preventer inspections, testing & repairs, fire pump weekly/monthly runs & annual maintenance, and total flood system installation, inspection & repair (halon, alternative clean agents, dry chemical systems, foam systems, CO2 systems). Summit Fire & Security is based in Reno, Nevada.

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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 4 of 26
Sector (Safety/Security) 3 of 25
Type (Add-on Acquisition) 4 of 26
State (Nevada) 1 of 2
Country (United States) 4 of 26
Year (2018) 3 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-10 Koorsen Fire & Security

Indianapolis, Indiana, United States

Koorsen Fire & Security, Inc. design, install, program, service, and repair virtually all fire and security products for any size business. Koorsen Fire & Security was founded in 1946 and is based in Indianapolis, Indiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-31 VanEx Fire Systems

Luna Pier, Michigan, United States

VanEx Fire Systems is a provider of special hazard fire protection, VANEX FIRECO protects a company's most critical operations. Industrial manufacturing, healthcare, computer server rooms, communication hubs, electrical power generation, oil refineries, research and testing facilities--in all, we protect companies in 33 states and on 4 continents.

Buy -
Mergr

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