CI Capital to Sell Summit Companies

Paul, Weiss advised Summit Companies, a portfolio company of CI Capital partners, in its sale to BlackRock Long Term Private Capital. Summit, a leading fire and life safety service and installation company, completed 55 strategic add-on acquisitions and substantially increased its revenue under CI Capital's ownership, growing from nine offices in five states to 50 offices in 20 states through two primary operating subsidiaries. Financial terms of the transaction were not disclosed.

The Paul, Weiss team included, among others, corporate partner Carl Reisner, and counsel Julie Martinelli and Ji Lu; tax partner Scott Sontag; intellectual property partner Charles Googe; litigation partner Aidan Synnott and counsel Steven Herzog; executive compensation counsel Nicole Tark; real estate partner Peter Fisch; international trade counsel Richard Elliott; and antitrust counsel Marta Kelly and Yuni Sobel.