Alphi Capital Recapitalizes Da-Lee Group

Alphi Capital Invests in RedBlue HeatPumps & Refrigeration

July 22, 2025

HVAC & Mechanical

Toronto-based private equity firm Alphi Capital has partnered with RedBlue HeatPumps & Refrigeration, a Victoria, British Columbia provider of HVAC, plumbing and electrical services founded in 2013. The investment will support RedBlue’s next phase of growth through investments in people, processes, systems and geographic expansion.

Shoreline Equity Partners Recapitalizes American Landscaping Partners; ALP Completes Seven Add-on Acquisitions

July 11, 2024

Environmental Services

Shoreline Equity Partners partnered with and made an equity investment in American Landscaping Partners (ALP) in August 2023, providing capital and senior financing (Apogem Capital and NXT Capital) to support ALP's growth while management retained an ownership stake. Since the partnership, ALP (headquartered in Nashville, Tennessee) has completed seven add-on acquisitions—Landscape Detail; Ultralawn; Ready Field Solutions; Maxalea; Swift Lawn & Land; Precision Landscape Management; and Appalachia Landscaping—expanding its footprint across Tennessee, Ohio, Georgia, Maryland, Alabama, Pennsylvania, and West Virginia.

IK Investment Partners Acquires Majority Stake in ALBA Baving Group

November 6, 2020

Environmental Services

IK Investment Partners' IK Small Cap II Fund has agreed to acquire a majority stake in ALBA Baving Group from the founding Baving family. ALBA is a German provider of municipal infrastructure cleaning and maintenance services (street sweeping, sink-box cleaning, highway maintenance, winter and greenspace services); IK will support management to accelerate organic growth and expand the company's service offering. Financial terms were not disclosed and the transaction remains subject to regulatory approval.

Dubin Clark Recapitalizes Atomic Data and Foundation Technologies

September 9, 2024

IT Services

Dubin Clark & Company formed a new holding company and recapitalized Minneapolis-based managed IT providers Atomic Data, LLC and Foundation Technologies, LLC. The recapitalization (deal value undisclosed) provides growth capital to support national expansion and enhance managed IT, cybersecurity, infrastructure engineering and Apple-focused service offerings across North America; Hennepin Partners served as exclusive financial advisor.

Affiliate of Peak Rock Capital Provides Growth Investment to Delta Financial Group

September 21, 2021

Financial Services

Delta Financial Group, an equipment finance platform headquartered in Clearwater, Florida, received a significant structured growth investment from an affiliate of Peak Rock Capital to scale its enterprise-focused equipment leasing and asset management business. The capital will support Delta's institutional approach to the equipment finance market and accelerate product, team, and platform growth to serve mission-critical equipment needs across multiple end markets.

KLH Capital Recapitalizes Shenandoah Industrial Solutions

February 1, 2019

Industrial Services

KLH Capital partnered with the management team of Shenandoah Industrial Solutions to complete a recapitalization of the Florida-based provider of storm drainage inspection, cleaning and CIPP (cured-in-place pipe) rehabilitation. The transaction was financed with support from Plexus Capital Partners and Valley National Bank, and certain members of Shenandoah's management rolled equity and remain shareholders to support the company’s growth and expansion.