BDT & MSD Partners Acquires Majority Stake in Summit Companies
August 4, 2025
BDT & MSD Partners, through its affiliated funds, entered into a definitive agreement to acquire a majority stake in Summit Companies. Summit Founder and President Quint Rubald, CEO Jeff Evrard, and the management team will remain shareholders and continue leading the fire and life safety services platform.
- Targets
- Summit Companies (SFP Holding, Inc.)
- Sellers
- BlackRock Long Term Private Capital (BlackRock LTPC)
- Industry
- Industrial Services
- Location
- Minnesota, United States
- Transaction Type
- Buyout
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