About Summit Service Group
Summit Service Group is a company based in Lakewood (United States) founded in 1981 was acquired by The Facilities Group in July 2022.. The company has 117 employees as of December 31, 2020. Summit Service Group offers products and services including Carpet Vacuuming, Virus Disinfecting, Restroom Cleaning, Window Washing, and Floor Polishing. Summit Service Group operates in a competitive market with competitors including Diversey, Kellermeyer Bergensons Services, Chem-Dry, Jan-Pro Franchising and LATICRETE, among others.
- Headquarter Lakewood, United States
- Employees 117 as on 31 Dec, 2020
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Sectors
Business Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Summit Service Group, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
The Facilities Group
& 1 more
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Employee Count
117
as on Dec 31, 2020
- Acquired by
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Products & Services of Summit Service Group
Summit Service Group offers a comprehensive portfolio of products and services, including Carpet Vacuuming, Virus Disinfecting, Restroom Cleaning, Window Washing, and Floor Polishing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Vacuums and spots carpets in commercial spaces.
Disinfects surfaces to ensure hygiene standards.
Cleans and sanitizes restrooms for safety.
Washes windows to maintain building appearance.
Polishes floors for clean and professional environments.
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Funding Insights of Summit Service Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Summit Service Group
Summit Service Group has secured backing from 2 investors. Prominent investors backing the company include The Facilities Group and Healthcare Services Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Healthcare laundry and housekeeping services are provided to facilities.
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Founded Year | Domain | Location | |
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Maintenance services for facilities are provided across the United States.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Summit Service Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Summit Service Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Summit Service Group Comparisons
Competitors of Summit Service Group
Summit Service Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Diversey, Kellermeyer Bergensons Services, Chem-Dry, Jan-Pro Franchising and LATICRETE, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Water treatment and hygiene solutions are provided for various industries.
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| domain | founded_year | HQ Location |
Cleaning and maintenance services are provided to facilities nationwide.
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| domain | founded_year | HQ Location |
Chem-Dry is recognized as a leading carpet cleaning service.
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| domain | founded_year | HQ Location |
Provider of commercial cleaning services
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| domain | founded_year | HQ Location |
Produces tile installation systems, adhesives, mortars, and waterproofing for construction projects.
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| domain | founded_year | HQ Location |
Cleaning services are provided for commercial and industrial clients.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Summit Service Group
Frequently Asked Questions about Summit Service Group
When was Summit Service Group founded?
Summit Service Group was founded in 1981.
Where is Summit Service Group located?
Summit Service Group is headquartered in Lakewood, United States.
How many employees does Summit Service Group have?
As of Dec 31, 2020, the latest employee count at Summit Service Group is 117.
What does Summit Service Group do?
Summit Service Group was established in 1981 in Lakewood, United States, as a provider of cleaning services for commercial and industrial clients. Operations focus on maintenance and sanitation solutions tailored to business environments. Services encompass routine and specialized cleaning tasks, with coverage extending to regional facilities. Ownership is attributed to Greg Ibsen, guiding the companys ongoing activities in the facilities services sector.
Who are the top competitors of Summit Service Group?
Summit Service Group's top competitors include Diversey, Kellermeyer Bergensons Services and Jan-Pro Franchising.
What products or services does Summit Service Group offer?
Summit Service Group offers Carpet Vacuuming, Virus Disinfecting, Restroom Cleaning, Window Washing, and Floor Polishing.
Who are Summit Service Group's investors?
Summit Service Group has 2 investors. Key investors include The Facilities Group, and Healthcare Services Group.