M&A Deal Summary

Summit Park and Schroders Capital Acquire United Structural Systems

On February 9, 2023, private equity firm Summit Park and asset manager Schroders Capital acquired construction company United Structural Systems

Acquisition Highlights
  • This is Summit Park’s 1st and Schroders Capital’s 1st transaction in the Construction sector.
  • This is Summit Park’s 21st and Schroders Capital’s 2nd transaction in the United States.
  • This is Summit Park’s 1st and Schroders Capital’s 1st transaction in Tennessee.

M&A Deal Summary

Date 2023-02-09
Target United Structural Systems
Sector Construction
Buyer(s) Summit Park
Schroders Capital
Deal Type Recapitalization

Target

United Structural Systems

Pleasant View, Tennessee, United States
United Structural Systems is a provider of foundation repair, crawlspace repair, and basement waterproofing services. The company manufactures and distributes foundation construction supplies. United Structural Systems Services was founded in 1994 and is based in Pleasant View, Tennessee.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 2

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 22 of 25
Sector: Construction M&A 1 of 1
Type: Recapitalization M&A Deals 15 of 18
State: Tennessee M&A 1 of 1
Country: United States M&A 21 of 24
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-01 Smartours

New York, New York, United States

Smartours is a provider of travel experiences and great travel deals to travelers. Smartours offers travelers curated, pre-packaged itineraries to over 40 destinations across the globe. Smartours was founded in 1996 and is based in New York City.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-17 TIE

Clinton Township, Michigan, United States

TIE is specialized in the repair, refurbishment, and replacement of industrial electronic parts. TIE was founded in 1992 and is based in Clinton Township, Michigan.

Sell -
Buyer
DESCRIPTION

Schroders Capital is a global asset management firm focused on a variety of investment strategies including real estate, infrastructure, private equity, private debt, and credit. Schroders Capital is based in London, England.


DEAL STATS #
Overall 2 of 3
Sector: Construction M&A 1 of 1
Type: Recapitalization M&A Deals 1 of 1
State: Tennessee M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-26 Azurity Pharmaceuticals

Woburn, Massachusetts, United States

Azurity Pharmaceuticals is a privately held, specialty pharmaceutical company focusing on the development and commercialization of value-added proprietary drug products and technologies in the prescription compounding sector of the pharmaceutical industry. Azurity Pharmaceuticals was founded in 1998 and is based in Woburn, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-20 Cumulocity

Dusseldorf, Germany

Cumulocity is a developer of innovative solutions for the Internet of Things (IoT) offering connectivity for networked digital devices and sensors through a cloud-hosted IoT device management and application enablement platform. Cumulocity was founded in 2010 and is based in Dusseldorf, Germany.

Buy -