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Surge Private Equity acquires Norris Training Systems

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Surge Private Equity acquires Norris Training Systems

Private equity firm Surge Private Equity LLC acquired Norris Training Systems Inc., a Texas-based provider of training hosting services with facilities in Houston, Austin, San Antonio and Dallas.

Norris Training Systems' primary sellers David and Linda Norris retained a minority share and will continue as operators.

Modern Bank NA provided financing for the transaction.

On Dec. 31, 2019, Surge unit Busy Bee Cleaning Services Ltd. acquired its regional competitor Reyes Cleaning Services. Harvest Capital Credit Corp. provided funding for the deal.

Additionally, Surge hired Thiago Farias as vice president to head up portfolio operations.