Summit Park Recapitalizes Freedom Electronics with Investment from Capitala Group

Freedom Electronics (Summit Park) Acquires ESCO Services and ESCO Manufacturing

June 8, 2022

Industrial Services

Freedom Electronics, a portfolio company of Summit Park, has acquired ESCO Services, Inc. and ESCO Manufacturing, LLC — aftermarket providers of refurbished electronic parts with locations in Michigan, Colorado, and Florida. The add-on expands Freedom's national footprint and technical capabilities in the retail fueling / petroleum aftermarket, creating a larger supplier of new and remanufactured parts for convenience stores and fueling stations.

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 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 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 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.

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.