Summit Park Leads Majority Recapitalization of DX Electric
October 6, 2025
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.
- Buyers
- Summit Park
- Targets
- DX Electric
- Industry
- Industrial Services
- Location
- Texas, United States
- Transaction Type
- Recapitalization
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