M&A Deal Summary

Summit Equity Group Acquires EnviroLog

On May 13, 2021, private equity firm Summit Equity Group acquired consumer products company EnviroLog

Acquisition Highlights
  • This is Summit Equity Group’s 1st transaction in the Consumer Products sector.
  • This is Summit Equity Group’s 4th transaction in the United States.
  • This is Summit Equity Group’s 1st transaction in Georgia.

M&A Deal Summary
Date 2021-05-13
Target EnviroLog
Sector Consumer Products
Buyer(s) Summit Equity Group
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Dresner Partners (Financial)

Target

EnviroLog

Fitzgerald, Georgia, United States
EnviroLog is an eco-friendly producer of manufactured firelogs, fire-starters and natural pre-cut firewood. EnviroLog also offers color-flame, a safe and simple way to add amazing color to your fires. EnviroLog was founded in 2004 and is based in Fitzgerald, Georgia.

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Buyer(S) 1

Buyer

Summit Equity Group

Des Moines, Iowa, United States

Investor Investor Investor Investor

Category Private Equity Firm
Founded 2004
Size Small
Type Sector Agnostic
DESCRIPTION

Summit Equity Group is a private investment group focused on acquiring small to medium-sized private companies with the potential to grow through new ownership. Summit looks for profitable businesses $4 to $12 million of EBITDA and generating $20 to $75 million in revenue. Summit is a generalist investor, but has a preference for companies in basic industries such as manufacturing, value-added distribution, or business services. Summit Equity was formed in 2004 and is based in Des Moines, Iowa.

DEAL STATS #
Overall 4 of 7
Sector (Consumer Products) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 3 of 5
State (Georgia) 1 of 1
Country (United States) 4 of 7
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-23 Parallel Ag

Chickasha, Oklahoma, United States

Parallel Ag is a distributor of agricultural equipment, parts, service and support for farmers. Parallel Ag also services fertilizer dealers, custom applicators and the construction industry. Parallel Ag is based in Chickasha, Oklahoma.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-14 HK Solutions Group

Des Moines, Iowa, United States

HK Solutions Group provides water and wastewater infrastructure inspection, cleaning, and repair services, as well as industrial services and wastewater treatment, to customers predominantly in Midwestern states. HK Solutions Group was founded in 1976 and is based in Des Moines, lowa.

Sell -
Mergr

Product

Company

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