Summit Park, a Charlotte-based lower middle-market private equity firm has promoted Jason Carlock, Drew Gilbert, Rachel Hannon, Chris Cotton, and Corey Millette.

The firm has promoted Carlock, Gilbert, Hannon, and York to partners. Additionally, Cotton has been promoted to a financial operating partner and Millete to the chief financial officer.

“These well-deserved promotions reflect the significant contribution that each of them has made to our success and the important role that each has in the future of the firm,” commented Bob Calton, managing partner at Summit Park.

Jim Johnson, managing partner at Summit Park added, “We view these promotions as an important milestone at our firm, and we remain committed to developing and growing our talented team.”