Bundy Group advises Roanoke Sprinkler in a sale to Summit Fire & Security

May 26, 2022

Bundy Group, a 33-year-old, industry-focused investment bank, announces that it has advised Roanoke Sprinkler, a full-service fire sprinkler company, in a sale to Summit Fire & Security, a nationally-focused fire protection company.  The transaction was led by Jim Mullens, Managing Director with Bundy Group, and marks the firm’s sixth fire, security & safety transaction within the past three years. 

John Corliss, President of Roanoke Sprinkler, commented, “Roanoke Sprinkler has built a solid reputation of being the go-to fire sprinkler company in Southwest Virginia. Now, as we join Summit Fire & Security, we will continue leading this industry as we offer expanded services to our customers and a successful future for our employees.”

“Roanoke Sprinkler has built an outstanding company over the last 20 years of operation, and Bundy Group was excited to be a part of this transaction and work with such a quality client,” commented Jim Mullens.  Jim added, “The Roanoke Sprinkler team has demonstrated its ability to provide outstanding solutions to its clients and be a leader in an attractive region, reasons which helped to drive such strong buyer interest in the acquisition opportunity.” 

John Corliss commented about Bundy Group, “I hired this recognized investment bank based on its experience in the fire protection industry, existing relationship with Roanoke Sprinkler, ability to understand and best position clients, and strong reputation.”  John further detailed, “Jim and the Bundy Group team represented Roanoke Sprinkler in the sale to me in 2018, and in that competitive process I gained a great deal of respect for their ability to create value for clients.  When it was time to sell, I knew I needed Bundy Group on my team to help ensure a strong valuation and efficient process, both of which they delivered.” Finally, John stated, “I was very pleased with the work of Jim and the Bundy Group team.”

Lorenc Biqiku and Megan Hagemann, Vice Presidents with Bundy Group, also worked on the transaction team. Bundy Group has significant experience in the fire, security & safety, systems integration, and automation sectors, and has previously advised such clients as Systems Electronics, SuperHero Fire Protection, MR Systems, Commercial Fyr-Fyters, Templeton-Vest, and Dorsett Controls. For more information about our industry expertise and other recent transactions, visit Industry Expertise - Bundy Group.

About Bundy Group

Bundy Group is an industry-focused investment bank that specializes in representing business owners and management teams in business sales, acquisitions, and capital raises. The team of highly experienced investment bankers leverages extensive industry knowledge and experience to provide hands-on guidance to clients through every phase of the transaction. With 250 closed deals over the past 33 years, Bundy Group’s primary goals are to provide high quality options and actionable insights and to deliver an optimal strategic fit at a premium value for our clients.

Bundy Group Securities, LLC, is a registered broker-dealer and member of FINRA and SIPC. Check the background of Bundy Group Securities, LLC at FINRA's BrokerCheck. Testimonials may not be representative of the experience of other customers and are no guarantee of future performance or success.

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