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New Deal


Announced

Alpine Investors acquired Frank Gay Services.

Financials

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Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Mechanical and Electrical Maintenance

Acquisition

maintenance services

Private

United States

plumbing

Private Equity

Synopsis

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Alpine Investors, a middle-market private equity firm, acquired Frank Gay Services, a plumbing, HVAC, electrical and mechanical services company based in Orlando, Florida. Terms of the private transaction were not disclosed. “In such a customer-centric industry, it can be difficult to transition leadership,” said Frank Gay, Founder of Frank Gay Services. “Alpine’s strong focus on people and relationships makes it stand out among financial firms, positioning Apex well to succeed in a competitive, high-touch industry like ours. We could not be more excited about our future and partnership with Alpine.”

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