Trivest Launches Canopy Services Platform with Acquisition of Adam Vaillancourt Roofing

Trivest Partners Invests in Vannguard Utility Partners

September 9, 2025

Industrial Services

Trivest Partners has announced a partnership and platform investment in Vannguard Utility Partners, a DeForest, Wisconsin-based provider of contract utility locating and damage-prevention services. Vannguard will continue to be led by founder and CEO Randy Bern, and Trivest will support the company's next phase of growth across the Midwest and beyond; NCP, Inc. served as financial advisor to Vannguard.

Trivest Partners Invests in Lenworth Building Services

May 2, 2023

Industrial Services

Lenworth Building Services, a Mississauga-based provider of commercial overhead doors, loading dock equipment and industrial fans, has partnered with Miami-based private equity firm Trivest Partners. The founder will remain in an advisory role and the company will continue to be led by President Spencer Cawker as Trivest supports expansion of Lenworth’s footprint and service capabilities across Canada.

Alpine Investors Launches Vertex Service Partners and Partners with Four Roofing Companies

July 27, 2023

Construction

Alpine Investors launched Vertex Service Partners, a residential home improvement services platform focused on roofing and exterior services, and announced partnerships with four regional roofing companies: Cherry Roofing & Siding, McHale Roofing, Rogers Roofing, and Victors Home Solutions. The platform, backed by Alpine, will operate the partner businesses under their existing brands and pursue organic and inorganic growth across the U.S.; terms were not disclosed.

Trivest Partners Makes Growth Investment in Applied Value Group

August 22, 2025

Consulting

Trivest Partners has made a growth investment in Applied Value Group, a New York–headquartered management consulting firm specializing in cost and capital efficiency improvements. The capital will be used to scale Applied Value's offerings, broaden capabilities, expand its reach (notably in North America and the Nordics), pursue targeted add-on acquisitions, and attract talent; terms were not disclosed.

Bonaccord Acquires Passive Minority Stake in Trivest Partners

January 25, 2022

Financial Services

Bonaccord Capital Partners, a subsidiary of P10, has acquired a passive, non-voting minority equity interest in Trivest Partners. The minority investment is intended to provide Trivest with capital to invest in its employees and growth initiatives while leaving day-to-day management and decision-making unchanged; terms were not disclosed.

LP First Capital & Trive Capital Form Cascade Services and Acquire Four Florida HVAC/Electrical Contractors

December 15, 2022

HVAC & Mechanical

LP First Capital and Trive Capital partnered with an experienced management team to form Cascade Services, a residential tri-trade platform focused on HVAC, plumbing and electrical contractors. Cascade has completed four Florida acquisitions — Mid-Florida Heating and Air, Aztil Air Conditioning, Extreme Air & Electric, and Air Boca — as part of a platform-build strategy to pursue add-on opportunities across the Southern United States.