Summit Park Recapitalizes Fast Growing Trees

Berkshire Partners Recapitalizes Fast Growing Trees

September 13, 2021

E-Commerce

Berkshire Partners led a recapitalization of Fast Growing Trees, with Cove Hill Partners participating as a minority investor and Summit Park remaining as an investor/partial seller. Fast Growing Trees is a Charlotte-based direct-to-consumer e-commerce retailer of trees, shrubs and live goods operating multiple branded websites; terms were not disclosed.

Fast Growing Trees Acquires The Planting Tree

July 8, 2021

E-Commerce

Fast Growing Trees, a Summit Park‑backed e-commerce provider of live goods, has acquired The Planting Tree, a direct‑to‑consumer seller of trees, shrubs, grasses and perennials. The acquisition is an add‑on to the Fast Growing Trees platform intended to expand product assortment, customer reach and fulfillment capabilities across the continental United States.

Pine Tree Equity Recapitalizes Summit Health Pharmacy

December 1, 2021

Healthcare Services

Pine Tree Equity IV, LP recapitalized Summit Health Pharmacy, LLC in December 2021, partnering with the existing management team to support the company's growth. Summit, headquartered in Brookhaven, Pennsylvania and founded in 1995, is a specialty compounding pharmacy focused on rare pediatric metabolic medications; the recapitalization is intended to accelerate geographic expansion and enable complementary add-on acquisitions.

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.

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 and Digital Fuel Capital Lead Recapitalization of Ledge Lounger

November 10, 2021

Consumer Products

Summit Park led a majority recapitalization of Ledge Lounger Inc., the in-pool and outdoor furniture D2C brand, in partnership with Digital Fuel Capital and the Ledge management team. The transaction provides partial liquidity to the founder and capital to accelerate growth, digital marketing capabilities and product innovation across D2C and B2B channels.