Diversified Industrials
Meridian Capital Advises Meridian Fire on Its Sale to Summit Fire Protection
Published January 15, 2025
SEATTLE, WASHINGTON – Meridian Capital (“Meridian”), 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. (“Summit”) 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, “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 Meridian’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 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 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.”
Meridian Capital served as the exclusive financial advisor to Meridian Fire on the transaction. Perkins Coie LLP provided legal advisory services.
Members of the Meridian Capital transaction team:
- Aaron Franzheim, Director | [email protected] | (206) 582-3890
- Nolan Bernard, Associate | [email protected] | (206) 690-5776
- Jack Titus, Analyst | [email protected] | (425) 765-7768
For more information, please contact:
Director
About Meridian Capital
Meridian Capital LLC is a leading independent middle market M&A advisory firm with locations in Seattle, Salt Lake City, the Bay Area, and Portland. Meridian has served as a trusted advisor to business owners on complex corporate finance, M&A and strategic challenges for over 29 years. The firm differentiates itself through its deep industry insights, highly customized service approach, and end-to-end commitment to execution. With a unique combination of financial, transactional, and operational professionals on your side, Meridian offers the depth and breadth of experience required to serve leading middle market companies in multiple sectors including aerospace defense & space, food, beverage & agribusiness, business services, consumer, diversified industrials, engineering & construction, building products, technology, and telecommunications. Meridian also offers clients unparalleled cross-border capabilities through its REACH M&A Partners network.
