Summit Park Completes Majority Recapitalization of Elliott Aviation

Summit Park Recapitalizes Michelli Weighing & Measurement

January 4, 2024

Industrial Services

Summit Park has led a majority recapitalization of Michelli Weighing & Measurement, a New Orleans-based provider of calibration, inspection, maintenance and installation services for industrial weighing and precision measurement equipment. Stellus Capital Management provided unitranche financing and an equity co-investment in support of the transaction. Summit Park will partner with Michelli's management to expand the company's service capabilities, grow its geographic footprint, and pursue growth through greenfield initiatives and acquisitions.

Elliott Aviation Acquires Four Points Aero Services

August 3, 2022

Aerospace & Defense

Elliott Aviation, a portfolio company of Summit Park, has completed the acquisition of Four Points Aero Services, a full-service aircraft repair (MRO) facility located at Dallas Love Field in Dallas, Texas. The add-on expands Elliott's MRO footprint in the U.S. and strengthens its airframe and avionics maintenance capabilities in the Texas market.

Summit Park Completes Majority Recapitalization of Curion

August 26, 2022

Data & Analytics

Summit Park has completed a majority recapitalization of Curion Holdings, LLC, a Chicago-based provider of product testing and consumer quantitative and qualitative insights. Stellus Capital Management provided senior debt financing and an equity co-investment to support the transaction; Summit Park said it will partner with Curion's management to expand the platform and grow the company's data-driven insights capabilities.

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.

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 Recapitalizes Freedom Electronics with Investment from Capitala Group

January 8, 2019

Industrial Services

Charlotte-based Summit Park recapitalized Freedom Electronics, a Kennesaw, Georgia remanufacturer of aftermarket electronic components, partnering with the Freedom management team. Capitala Group provided $24.5 million of senior secured debt and equity capital alongside Summit Park; the seller was Range Light LLC.