Alpine Air Express Acquires Suburban Air Freight

Alpine Air Express Acquires Substantially All Assets of Great Lakes Airlines

April 8, 2020

Transportation

Alpine Air Express, a Provo-based regional air-cargo operator and portfolio company of AE Industrial Partners, acquired 27 aircraft and associated engines, propellers, spare parts and ground support equipment from Great Lakes Airlines. The purchase expands Alpine’s fleet, maintenance support and spare-parts availability and will allow conversion of the Beech 1900D aircraft into cargo configuration using Alpine’s supplemental type certificate (STC). Terms of the transaction were not disclosed.

AVALT and VantEdge Acquire Suburban

July 8, 2024

Construction

AVALT, a Boston-based private equity-focused family office, and VantEdge, a Kansas City-based family office investment firm, have acquired Suburban Intermediate Holdco, Inc., a Waukesha, Wisconsin provider of drywall, insulation, steel framing and custom finish installation services. The sponsors invested alongside members of Suburban's management and plan to pursue an acquisition-driven strategy to expand the platform's geographic footprint beyond Wisconsin; terms were not disclosed. High Street Capital sold the company.

The SEER Group Acquires Alpine Heating & Air Conditioning

March 17, 2025

HVAC & Mechanical

The SEER Group has acquired Eugene, Oregon-based Alpine Heating & Air Conditioning, expanding SEER’s Oregon footprint. Alpine will continue to operate locally while gaining access to SEER’s operational resources and support to grow its residential and commercial HVAC services.

Northwinds Services Group Acquires Suburban Services Group

August 15, 2025

HVAC & Mechanical

Northwinds Services Group has acquired Suburban Services Group, a Burnt Hills, New York-based provider of HVAC, plumbing and generator services. The deal is an add-on acquisition to Northwinds' HVAC and plumbing services platform aimed at scaling local operations while preserving Suburban's leadership and customer-focused culture.

Pilot Freight Services Acquires Metro New York Franchise

November 4, 2020

Logistics & Distribution

Pilot Freight Services, a Glen Mills, Pennsylvania–based transportation and logistics provider backed by ATL Partners and British Columbia Investment Management Corporation (BCI), acquired the Metro New York franchise effective November 1, 2020. The franchise and its employees will be integrated into Pilot to increase the company’s operational control and capacity in the high-volume Metro New York inbound and last-mile market, expanding its heavy/bulky and white-glove delivery capabilities.

Apex Service Partners Acquires Southern Air Heating & Cooling

September 27, 2019

HVAC & Mechanical

Apex Service Partners has partnered with Southern Air Heating & Cooling, a residential HVAC and plumbing services company headquartered in Ball, Louisiana, to add the business to its national HVAC, plumbing and electrical services platform. The Preuett family (founder Ira Preuett) will continue to operate the business under its current brand while Apex (a platform backed by Alpine Investors) supports further growth and geographic expansion across Louisiana and Mississippi.