Acquisition History / Stovall Capital (Ben Frazer) / Chinook Fire Protection
Stovall Capital (Ben Frazer) Acquires Chinook Fire Protection
Announced March 17, 2026 — acquired for less than 4x EBITDA ... reaching EBITDA of more than $3M
What happened
Search fund Stovall Capital acquired a majority interest in Chinook Fire Protection, an Anchorage, Alaska full-service fire sprinkler and alarm contractor serving commercial, military and government clients, in the first Alaskan search fund acquisition. Sellers rolled c. 10% of equity.
- Acquirer
- Stovall Capital (Ben Frazer)
- Target
- Chinook Fire Protection
- Announced
- March 17, 2026
- Price
- acquired for less than 4x EBITDA ... reaching EBITDA of more than $3M
- Industry
- Fire protection contracting
- Buyer type
- Search fund
- Fund vehicle
- Stovall Capital
- Backing investors
- Generational Transfer Entrepreneurs, Hadley Family Capital, Heritage Holding, Marion Equity Partners, Martell Capital Partners, Paltus Capital, Reframe Search Partners, Ventura Search Capital
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Stovall Capital (Ben Frazer) acquire Chinook Fire Protection?
Stovall Capital (Ben Frazer) acquired Chinook Fire Protection on March 17, 2026. This was Stovall Capital (Ben Frazer)'s 1st publicly tracked acquisition out of 1 we have on record.
How much did Stovall Capital (Ben Frazer) pay for Chinook Fire Protection?
Stovall Capital (Ben Frazer) paid acquired for less than 4x EBITDA ... reaching EBITDA of more than $3M for Chinook Fire Protection.
What does Chinook Fire Protection do?
Search fund Stovall Capital acquired a majority interest in Chinook Fire Protection, an Anchorage, Alaska full-service fire sprinkler and alarm contractor serving commercial, military and government clients, in the first Alaskan search fund acquisition. Sellers rolled c. 10% of equity.
What other Fire protection contracting companies has Stovall Capital (Ben Frazer) acquired?
Chinook Fire Protection is Stovall Capital (Ben Frazer)'s only publicly tracked acquisition in Fire protection contracting so far.