Aldine Capital Partners and Stoic Holdings Invest in Accredited Home Elevator

Accredited Home Elevator Company Acquires Sunrise Elevator Company

August 29, 2023

Building Products

Accredited Home Elevator Company has acquired Sunrise Elevator Company to expand its service footprint and capabilities in Florida. Sunrise, a long-standing residential elevator service provider operating in the Tampa, Sarasota and Fort Myers markets and run by Fred and Tina Slater for over 35 years, will be integrated into Accredited's east-coast operations.

Aldine and Provariant Invest in Smart Vent Holdings

December 6, 2023

Building Products

Aldine Capital Partners provided a subordinated note and equity investment alongside Provariant Equity Partners in Smart Vent Holdings LLC, a Mount Royal, New Jersey-based manufacturer of engineered flood mitigation products. The capital infusion is a growth-oriented financing to support Smart Vent’s manufacturing and floodproofing services across residential, commercial and municipal markets.

Aldine Capital and Conanicut Capital Invest in Capstone Integrated Solutions / Retail Process Engineering

September 11, 2024

IT Services

Aldine Capital Partners, alongside Conanicut Capital, provided subordinated debt and equity to Capstone Integrated Solutions and Retail Process Engineering to form "Capstone Holdco," a platform focused on retail and payment-processing software, consulting, and managed services. The investment will support the new platform’s growth and pursue add-on acquisitions to expand its outsourced digital transformation and supply-chain technology capabilities.

3Phase Elevator Acquires Advanced Elevator

October 13, 2021

HVAC & Mechanical

3Phase Elevator and Advanced Elevator have merged, with Advanced joining the 3Phase family to strengthen 3Phase's presence in the Greater Washington, D.C. and Baltimore markets. The deal allows Advanced to remain led by founder Stanley Smentkowski Sr. (with his son) while leveraging 3Phase's digital capabilities and automation to support growth and service delivery.

Del Monte Capital Recapitalizes Integrity Elevator Solutions

April 3, 2024

Industrial Services

Del Monte Capital has completed a recapitalization investment in Integrity Elevator Solutions, a Texas-based provider of commercial elevator installation, modernization, maintenance and repair services. Founder Brent Stark will remain as president as the company pursues organic growth and add-on acquisitions across Texas and Louisiana with Del Monte's support.

3Phase Elevator and Specialized Elevator Merge as Berkshire Partners Makes Growth Investment

January 21, 2022

Construction

3Phase Elevator and Specialized Elevator Services Holdings have merged to create the largest nationwide independent union elevator services company in the United States. Existing 3Phase investor Berkshire Partners made a strategic growth investment in the combined company — including acquiring CIVC Partners' stake in Specialized — while management from both companies reinvested and will remain in place. The combined business will employ more than 390 International Union of Elevator Constructors members and service over 20,000 elevator and escalator units.