Astara Capital Partners Invests in Ally Building Solutions

Astara Capital Partners Invests in Del-Air Heating and Air Conditioning

November 8, 2022

HVAC & Mechanical

Astara Capital Partners completed an investment in Del-Air Heating and Air Conditioning, partnering with the company's employee owners (an ESOP). The investment makes Del-Air debt free, positions it for operational and strategic growth across its Florida footprint, and led to the appointment of Rick Rogers as CEO and Faizzy Saghir as COO; terms were not disclosed.

Astara Capital Partners Acquires Majority Stake in Cross City Lumber

April 15, 2021

Building Products

Astara Capital Partners acquired a majority stake in Cross City Lumber, a Southern Yellow Pine sawmill based in Cross City, Florida. Astara will partner with the existing management team to expand mill capacity, improve efficiency and pursue complementary investments in other Southern Yellow Pine mills across the Southeast U.S.

Astara Capital Partners Acquires Majority Stake in BDV Solutions

November 4, 2021

Staffing & HR

Astara Capital Partners acquired a majority stake in BDV Solutions, a Greenville, South Carolina-based tech-enabled provider of employment-based immigration services, partnering with the company's current owners including Founder and CEO Britt Vergnolle. Graycliff Partners provided unitranche debt and a minority equity investment to support the transaction; terms were not disclosed. The investment is intended to fuel BDV's growth and expand its service capabilities to help U.S. employers address labor shortages.

Morgan Stanley Capital Partners Acquires Allstar Services

May 1, 2023

Building Products

Investment funds managed by Morgan Stanley Capital Partners (MSCP) have acquired Allstar Services, a Minneapolis-area full-service residential exterior replacement and repair provider. MSCP is partnering with Allstar's management led by Chairman Pete Carlson to scale the business nationally and pursue add-on acquisitions across the residential exterior services segment.

Atlantic Street Capital Majority Recapitalizes All Star Auto Lights

September 10, 2019

Automotive

Atlantic Street Capital completed a majority recapitalization of All Star Auto Lights, partnering with CEO Matt Immerfall and other investors to support the company's growth. The investment will fund organic growth, expansion of the company's footprint and inventory, and execution of acquisition opportunities in the collision repair aftermarket.

Source Capital Acquires BlueAlly Technology Solutions

September 3, 2020

IT Services

Source Capital, a private investment firm, has acquired BlueAlly Technology Solutions, a Cary, North Carolina–based cloud infrastructure and managed services provider. The partnership is intended to accelerate BlueAlly's growth in infrastructure automation and managed security services.