Alpine Investors
VerifiedPe Firm
San Francisco PE firm; lead sponsor of Apex Service Partners and Astra Service Partners. Closed a $3.4B single-asset continuation transaction for Apex in Oct 2023.
Ownership
- Astra Service Partners backed by Alpine Investors Verified
- Apex Service Partners backed by Alpine Investors Verified
- Wrench Group backed by Alpine Investors Verified
Deals
Apollo Funds acquires a strategic minority interest in Apex Service Partners
Apex Service Partners acquires Frontier Service Partners from Imperial Capital
Alpine Investors launches Apex Service Partners
Alpine Investors $3.4B single-asset continuation of Apex Service Partners
Related news
- alpineinvestors.com· Feb 24, 2025
Alpine Investors' 2024 year-in-review highlights a record-breaking year with 175 deals closed, $18B in AUM, and two new platform companies launched. The firm also emphasizes its commitment to being a top workplace, talent programs, ESG initiatives, and diversity, equity, and inclusion efforts. The article notes awards received and community giving activities.
- alpineinvestors.com· Oct 25, 2023
Alpine Investors closed a $3.4 billion single-asset continuation transaction to support the growth of Apex Service Partners, a residential HVAC, plumbing and electrical services platform. The transaction is solely dedicated to Apex's expansion and provides liquidity to Alpine's limited partners. Commitments include contributions from Blackstone Strategic Partners, HarbourVest Partners, Lexington Partners, and Pantheon, as well as Alpine's Fund IX.
- peprofessional.com· Oct 1, 2019
Alpine Investors closed its third home services acquisition for its Apex Service Partners platform, acquiring Southern Air, a Tampa-based HVAC, plumbing and electrical services company. The platform was launched in July 2019 to consolidate Alpine's investments in the home services sector. Alpine plans to invest at least $100 million of equity in HVAC, plumbing and electrical services companies over the next five years to build Apex into a national leader.
- alpineinvestors.com· Jul 19, 2019
Alpine Investors announced the launch of Apex Service Partners, a new platform in the HVAC, plumbing, and electrical services industry. The platform is founded on the combination of Best Home Services and Frank Gay Services, with Alpine planning to invest at least $100 million of equity capital in founder-owned companies over five years. Alpine previously applied a similar strategy with the Wrench Group, which was sold in 2016.
- investcorp.com· Mar 3, 2016
Investcorp announced a majority investment in The Wrench Group, a provider of HVAC, plumbing, and electrical services. The company was formerly controlled by Alpine Investors, Skylight Capital, and management. The article notes that management will continue in their roles and retain a meaningful interest in the company.