Summit Park and Digital Fuel Capital Lead Recapitalization of Ledge Lounger

Summit Park Leads Majority Recapitalization of Artifact Uprising

July 7, 2022

E-Commerce

Summit Park has led a majority recapitalization of Artifact Uprising, a Denver-based direct-to-consumer maker of premium personalized photo books, prints and gifts. Digital Fuel Capital, which partnered with management to acquire the company in 2017, will remain a significant investor as Summit Park supports product development, customer experience investment and brand growth.

Summit Park Leads Majority Recapitalization of DX Electric

October 6, 2025

Industrial Services

Summit Park has led a majority recapitalization of DX Electric, a Grapevine, Texas-based distributor of electrical c-parts that supplies OEMs across industrial, data center and energy end markets. PennantPark provided debt financing; Stephens Inc. served as financial advisor to DX and McGuireWoods LLP acted as legal counsel to Summit Park. Summit Park intends to support organic growth and expand DX's service capabilities, product offering and geographic footprint, including through acquisitions.

Summit Park Recapitalizes Fast Growing Trees

February 8, 2018

E-Commerce

Charlotte-based private equity firm Summit Park completed a recapitalization of Fast Growing Trees, LLC, a Fort Mill, South Carolina–based direct-to-consumer e-commerce retailer of trees and shrubs. The transaction will support the company’s growth initiatives—including supplier expansion and digital marketing optimization—while providing partial liquidity and capital to accelerate expansion.

Summit Park Recapitalizes Thrust Flight

September 12, 2024

Education

Summit Park has recapitalized Thrust Flight in partnership with Founder and CEO Patrick Arnzen, management, and aviation-focused investor AltitudeX Aviation. The recapitalization (Summit Park's fifth platform investment in Fund IV) provides capital to support Thrust's growth and geographic expansion of its Zero Time to Airline program across Texas; Fidus Capital provided debt financing.

Summit Park Completes Majority Recapitalization of Elliott Aviation

February 18, 2020

Aerospace & Defense

Charlotte-based private equity firm Summit Park completed a majority recapitalization of Elliott Aviation, a Moline, Illinois-based provider of MRO, FBO and aircraft sales/brokerage services. Stellus Capital Management provided unitranche debt financing to support the transaction, and Elliott's founder Wynn Elliott retains a minority ownership stake while Summit Park will partner with management to pursue growth.

Summit Park Majority Recapitalization of Hylaine

August 14, 2024

IT Services

Summit Park has completed a majority recapitalization of Hylaine, a Charlotte-based technology consulting firm, in partnership with Hylaine management. The investment will support Hylaine’s growth plans, add capabilities and scale the business across its Data Engineering, Application Development and Program Management service lines.