Five Michigan-based businesses in the fire and safety equipment industry sold last month to St. Paul, Minn.-based Summit Companies.
According to a statement, the private equity-backed Summit Companies completed add-on acquisitions of three companies in West Michigan: Greenville-based Mid-Michigan Fire & Safety Supply Inc., Battle Creek-based Fire Extinguisher Service and Paw Paw-based Flametamer LLC.
“The expansion throughout Michigan reflects the execution of Summit’s national growth strategy and our company’s focus on acquiring strong legacy businesses with successful operating histories,’ Summit CEO Jeff Evrard said in a statement. “We are thrilled to gain the many combined years of professional experience and expertise of these businesses, and to offer their customers a broader range of fire and life safety products and services.”
Summit Companies in October also acquired Clark Fire & Safety Inc. of Owosso and VanEx Fire Systems Inc. of Luna Pier. The company first established a Michigan presence in July when it acquired two in-state branch offices from an Indiana firm.
New York-based CI Capital Partners LLC owns and manages Summit Companies, which has completed 18 add-on acquisitions, according to a statement. The platform company now has locations in eight states.