Altus Capital Partners and Centerfield Capital Partner with ALM Management to Acquire ALM Positioners, Inc.

Altus Capital Partners Acquires Pinnacle X-Ray Solutions, LLC

November 2, 2022

Manufacturing

Altus Capital Partners, a U.S.-based private equity firm focused on middle-market manufacturing, has acquired Pinnacle X-Ray Solutions, LLC, a Suwanee, Georgia manufacturer of non-destructive testing (NDT) X-ray and CT systems and related inspection services. The acquisition is a new platform investment for Altus; Pinnacle's management will remain in place and financial terms were not disclosed.

Altus Capital Partners Acquires Winsert, LLC

March 2, 2022

Manufacturing

Altus Capital Partners completed a platform acquisition of Winsert, LLC, a Marinette, Wisconsin-based manufacturer of specialty alloys and precision metal engine components. The private equity firm will partner with Winsert's existing management to drive growth across trucking, transportation, power generation and aerospace end markets through organic expansion and bolt-on acquisitions; financial terms were not disclosed.

Altamont Capital Partners Acquires Majority Stake in Fleming Holdings

May 16, 2022

Financial Services

Altamont Capital Partners has acquired a majority stake in Fleming Holdings and committed $150 million of growth capital to support Fleming's expansion as a capital solutions provider for property & casualty (P&C) insurers. The partnership will accelerate Fleming's development of innovative run-off and legacy reserve transaction solutions and help scale its insurance-linked investment and liability management offerings.

Altamont Capital Partners Invests in Cornerstone Advisors

October 2, 2020

Professional Services

Altamont Capital Partners made an equity investment in Cornerstone Advisors, a Scottsdale-based provider of advisory services to mid-size banks and credit unions. The founders Scott Sommer and Steve Williams remain as CEO and President, and the capital will support Cornerstone’s investments in employees, data-powered offerings and internal infrastructure to accelerate growth.

Auxo Investment Partners Acquires Altus Industries; Spectrum Health Ventures Joins as Strategic Partner

August 23, 2021

Medical Devices

Auxo Investment Partners has acquired Altus Industries Inc., a Grand Rapids-based designer and manufacturer of medical point-of-care workstations. Spectrum Health Ventures, a major Altus customer, is joining the transaction as a strategic partner as the deal forms part of the co-founders' succession plan.

Apax Funds Acquires Altus Fire & Life Safety from AE Industrial Partners

September 1, 2024

Industrial Services

Funds advised by Apax Partners LLP announced a strategic investment to acquire Altus Fire & Life Safety, a provider of regulation‑mandated fire and life safety services in the Northeastern United States. Apax will partner with Altus management to accelerate geographic expansion, invest in sales and product capabilities, and pursue further M&A; AE Industrial Partners was the selling shareholder and Altus was advised by Lincoln International.