Acquisition of Summit Technical Services
August 1, 2013
Lyons Solutions, LLC is pleased to announce the successful completion of the acquisition of its client, Summit Technical Services, to The Reserves Network.
The Reserves Network (TRN) is a staffing firm specializing in the office, industrial, professional and technical markets. Summit Technical Services provides contract staffing services for engineering, software and professional design. Summit will retain its name and brand and will operate as a specialty group of TRN. This is TRN’s third acquisition in five years, and its first acquisition of a staffing firm with a presence in the New England and Mid-Atlantic states.
Read more about The Reserves Network
Lyons Solutions, LLC initiated this transaction, served as the exclusive financial advisor to Summit Technical Services, and participated in the negotiations to structure the transaction on its behalf.
Since 1984, Lyons Solutions has been providing exceptionally responsive, sound and impartial, business sale, merger and acquisition and exit planning advice as well as business owner, partner, and leader coaching of privately held middle market companies with revenues of $5 million to $100 million. Lyons Solutions services its Clients out of its Venice, Florida and Simsbury, Connecticut offices.
For merger and acquisition guidance, contact Jack Lyons at (941) 497-4700 or Bill Quish at (860) 391-8672.