Industrial & Residential Services
CLA Meridian Capital Advises Meridian Fire on Its Sale to Summit Fire Protection
Published January 15, 2025
SEATTLE, WASHINGTON – CLA Meridian Capital (“CLA Meridian Capital”), a leading independent middle-market investment bank and M&A advisory firm, is pleased to announce the acquisition of its client, Meridian Fire and Security, LLC (“Meridian Fire” or the “Company”) by Summit Fire Protection Co. a subsidiary of SFP Holdings, Inc. on December 2nd, 2024.
Meridian Fire, headquartered in Centennial, Colorado, is a leading provider of fire & life safety services in the intermountain region. The Company services a diverse customer base of municipalities, building owners, property managers, general contractors, electrical contractors, and construction companies across the commercial, industrial, educational, government, military, and correctional facilities end-markets. Additionally, the Company serves as a sole-source fire protection solutions provider for customers, offering systems install, repair and maintenance, inspection, testing, and monitoring services.
George McNeill, co-founder andshareholder of Meridian Fire, stated, “CLA Meridian Capital’s deep knowledge of the fire and life safety industry guided us smoothly through the transaction. Their expertise enabled us to thoroughly vet potential acquirors and find a partner that best aligned with our culture and strategy. The combination of Meridian Fire and Summit Fire Protection presents an exciting opportunity for expansion throughout the intermountain region while continuing to provide CLA Meridian Capital’s high-level service to its customers.”
Jeff Johnson, co-founder and shareholder of Meridian Fire, said, “The Meridian Fire team has built an incredible business over the past 20+ years through strong growth and market leadership. The CLA Meridian Capital team was instrumental in helping us navigate the transaction process, drive an efficient timeline, and ultimately achieve a great outcome for the business.”
Aaron Franzheim, Director at CLA Meridian Capital, stated, “We are honored to have advised Meridian Fire and are excited for its continued growth under the combined leadership of its existing team and that of Summit Fire Protection. The Company’s market leadership, unique culture, and comprehensive service offerings attracted robust interest from the market. This transaction highlights that investor appetite for the fire & life safety sector remains strong.”
CLA Meridian Capital served as the exclusive financial advisor to Meridian Fire on the transaction. Perkins Coie LLP provided legal advisory services.
Members of the CLA Meridian Capital transaction team:
- Aaron Franzheim, Director | afranzheim@meridianib.com | (206) 582-3890
- Nolan Bernard, Associate | nbernard@meridianib.com | (206) 690-5776
- Jack Titus, Analyst | jtitus@meridianib.com | (425) 765-7768
For more information, please contact:
About CLA Meridian Capital
CLA Meridian Capital is the investment banking division of CliftonLarsonAllen (CLA) Wealth Advisors, LLC, an SEC registered investment advisor and broker dealer, member FINRA/SIPC. With 30+ years of middle-market M&A and financial advisory experience, $22 billion in total transaction value, and deep industry knowledge across the Consumer, Industrials, and Technology sectors, CLA Meridian Capital helps our clients preserve the value they’ve built and the legacies they leave behind.
