AVALT and VantEdge Acquire Suburban

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.