M&A Deal Summary

Summit Park Acquires Exacta

On February 22, 2019, private equity firm Summit Park acquired engineering company Exacta

Acquisition Highlights
  • This is Summit Park’s 1st transaction in the Engineering sector.
  • This is Summit Park’s 13th transaction in the United States.
  • This is Summit Park’s 1st transaction in Florida.

M&A Deal Summary
Date 2019-02-22
Target Exacta
Sector Engineering
Buyer(s) Summit Park
Deal Type Recapitalization
Advisor(s) EdgePoint Capital Advisors (Financial)

Target

Exacta

Fort Myers, Florida, United States
Exacta Land Surveyors provider of land surveys and field management services used to facilitate the purchasing, selling, and development of the residential and commercial real estate. Exacta was founded in 2003 and is based in Fort Myers, Florida.

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Buyer(S) 1

Buyer

Summit Park

Charlotte, North Carolina, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2005
PE ASSETS 245M USD
Size Small
Type Sector Agnostic
DESCRIPTION

Summit Park Partners is a private investment firm that acquires lower middle-market companies. Summit Park looks for profitable, established businesses in consumer services, business services, value-added distribution, and light manufacturing. The Firm targets businesses with revenues of $20 to $150 million and EBITDA between $4 and $15 million. Prospective transaction types include recapitalizations, management buyouts, family successions, corporate divestitures, and industry consolidations. Summit's geographic preference is within the Southeast and Mid-Atlantic US. Summit Park was formed in 2005 and is based in Charlotte, North Carolina.

DEAL STATS #
Overall 14 of 24
Sector (Engineering) 1 of 1
Type (Recapitalization) 9 of 18
State (Florida) 1 of 1
Country (United States) 13 of 23
Year (2019) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-08 Freedom Electronics

Kennesaw, Georgia, United States

Freedom Electronics remanufactures and sells a portfolio of over 2,300 electronic components used in fuel dispensers, retail point-of-sale systems, and automatic tank gauges. Freedom Electronics also provides a logistics and warehousing solution for customers’ electronic components inventory that minimizes downtime and ensures customers always have parts in stock. Freedom Electronics was founded in 1998 and is based in Kennesaw, Georgia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-20 Aspirent

Atlanta, Georgia, United States

Aspirent provides strategic consulting, cloud development, and project execution services related to data and analytics for blue-chip clients in the Atlanta market. Aspirent was founded in 2012 and is based in Atlanta, Georgia.

Buy -
Mergr

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