Alpine Investors Mergers and Acquisitions Summary

Private Equity Profile

In the last 3 years, Alpine Investors has acquired 4 companies. It has also invested in 6 others.

Alpine Investors’ most common sectors for investment are business services (21%) and software (18%). The Firm’s most common investment types include buyout (lbo, mbo, mbi) (50%) and growth capital (33%). In total, Alpine Investors has invested in 18 US states. Its largest (disclosed) acquisition occurred in 2018 when it acquired Riverside Assessments for $140M.

In the last 3 years, Alpine Investors has exited 6 companies. The Firm’s most common exit type is trade sale (57%). Alpine Investors’ largest (disclosed) exit occurred in 2018 when it sold Vionic Group for $360M.

Join Mergr to view Alpine Investors’ full profile and discover more large private equity firms just like it.

M&A Summary

  • M&A Total Activity50
    • M&A Buy Activity34
    • M&A Sell Activity16
  • Total Sectors Invested 13
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 21
  • M&A Advisors 2

Alpine Investors

One California Street, Suite 290,
San Francisco, California 94111
United States,
(415)392-9100
www.alpine-investors.com

Alpine Investors is a private investment firm that targets small to mid-sized company investments based in the US. Alpine looks for companies with cash-flow of $5 to $15 million and will consider both control and non-control positions. Alpine prefers businesses with recurring revenues, identifiable growth opportunities, sustainable margins, and significant barriers to entry. Areas of interest include software, business services, publishing, and digital media. Alpine Investors was established in 2001 and is based in San Francisco, California.


Investment Criteria

Sectors of Interest: Business Services, Communications, Consumer Products, Consumer Services, Distribution, Education, Healthcare Services, Information Services, Information Technology, Internet Software and Services, Manufacturing, Marketing, Publishing, Semiconductors, Software

Target Transaction Types: Buyout (LBO, MBO, MBI), Divestiture, Growth Capital, Recapitalization, Stake Purchase

Geographic Preferences: East US, Midwest US, South US, West US, Canada

Transaction Criteria Min Max
Target Revenue - -
Target EBITDA 1 30
Investment Size - -
Enterprise Value 10 300
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '15 '16 '17 '18 '19 '20 T
Buy (2.6/yr) # 21 3 2 6 2 - 34
vol $140M $140M
Sell (1.6/yr) # 8 2 - 1 5 - 16
vol $185M $360M $545M
  50

Most Recent M&A

Company Date Value Type
Beneco 2019-08-09 - Add-on Acquisition
Scottsdale, Arizona · www.beneco.com
Apex Service Partners 2019-07-29 - Consolidation
, United States · www.apexservicepartners.com
Perennial EdTech LLC 2019-07-18 - Add-on Acquisition
Roseville, California · www.perennialedtech.com
Optima Healthcare Solutions, Inc. 2019-07-02 - Add-on Acquisition
Palm City, Florida · www.optimahcs.com
Northeast Ohio Eye Surgeons 2019-06-27 - Growth Capital
Stow, Ohio · www.neohioeyes.com
Health Plus Management Services LLC 2019-01-28 - Secondary Buyout
Garden City, New York · www.healthplusllc.com
Avitru 2019-01-03 - Add-on Acquisition
Alexandria , Virginia · www.arcomnet.com
Vionic Group LLC 2018-10-18 360M USD Add-on Acquisition
San Rafael, California · www.vionicgroup.com
Riverside Assessments LLC 2018-09-12 140M USD Divestiture
Itasca, Illinois · www.riversideinsights.com
Virtual Hold Technology Solutions LLC 2018-08-14 - Growth Capital
Akron, Ohio · www.vhtcx.com
View All >>

Portfolio M&A

Company Acquired Add-On/Sale Date #
Riverside Assessments LLC 2018-09-12 ImPACT Applications, Inc. 2020-01-09 2
Itasca, Illinois · www.riversideinsights.com Coralville, Iowa · www.impacttest.com
Riverside Assessments LLC 2018-09-12 ESGI LLC (Educational Software for Guiding Instruction) 2019-10-11 1
Itasca, Illinois · www.riversideinsights.com Elkhart, Indiana · www.esgisoftware.com
Apex Service Partners 2019-07-29 Southern Air Heating, Cooling & Plumbing 2019-09-27 3
, United States · www.apexservicepartners.com Ball, Louisiana · www.southernairnow.com
Apex Service Partners 2019-07-29 Best Home Services 2019-07-29 2
, United States · www.apexservicepartners.com Fort Myers, Florida · www.getbest.com
Apex Service Partners 2019-07-29 Frank Gay Services 2019-07-29 1
, United States · www.apexservicepartners.com Orlando, Florida · www.frankgayservices.com
YDesign Group LLC 2008-09-05 Lumens LLC 2016-07-05 1
San Francisco, California · www.ylighting.com Sacramento, California · www.lumens.com
CLEO Communications, Inc. 2012-05-01 EXTOL International, Inc. 2016-04-05 1
Loves Park, Illinois · www.cleo.com Pottsville, Pennsylvania · www.extol.com

M&A by Sector

Sector Current # Value All-time # Value
Business Services 4 (20%) - 7 (21%) -
Software 5 (25%) - 6 (18%) -
Retail 2 (10%) - 5 (15%) -
Healthcare Services 3 (15%) - 3 (9%) -
Internet Software and Services 2 (10%) - 3 (9%) -
Education 2 (10%) 140M (100%) 2 (6%) 140M (100%)
Financial Services 1 (5%) - 2 (6%) -
Apparel/Textiles - - 1 (3%) -
Communications 1 (5%) - 1 (3%) -
Consumer Products - - 1 (3%) -
Marketing - - 1 (3%) -
Semiconductors - - 1 (3%) -
Technology Hardware - - 1 (3%) -
Total 20 $140M 34 $140M

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 20 (100%) 140M (100%) 34 (100%) 140M (100%)
  California 7 (35%) - 9 (26%) -
  Texas 1 (5%) - 3 (9%) -
  Illinois 2 (10%) 140M (100%) 2 (6%) 140M (100%)
  Ohio 2 (10%) - 2 (6%) -
  Florida 1 (5%) - 2 (6%) -
  Virginia 1 (5%) - 2 (6%) -
  Oregon - - 2 (6%) -
  New York - - 2 (6%) -
  Minnesota 1 (5%) - 1 (3%) -
  Massachusetts 1 (5%) - 1 (3%) -
  Indiana 1 (5%) - 1 (3%) -
  Alabama 1 (5%) - 1 (3%) -
  New Hampshire 1 (5%) - 1 (3%) -
  Georgia - - 1 (3%) -
  Arizona - - 1 (3%) -
  Nebraska - - 1 (3%) -
  Missouri - - 1 (3%) -
Total 20 $140M 34 $140M

Acquisitions by Deal Type

Type Current # Value All-time # Value
Buyout (LBO, MBO, MBI) 9 (45%) - 17 (50%) -
Growth Capital 8 (40%) - 11 (32%) -
Recapitalization - - 3 (9%) -
Divestiture 2 (10%) 140M (100%) 2 (6%) 140M (100%)
Consolidation 1 (5%) - 1 (3%) -
Total 20 $140M 34 $140M

Exits by Deal Type

Type Total # Value
Trade Sale 6 (38%) 40M (7%)
Secondary Sale 6 (38%) -
Trade Sale - Public Company 3 (19%) 505M (93%)
Sold to Management 1 (6%) -
Total 16 $545M

Top M&A Advisors

Financial Deals
Imperial Capital LLC
1
Legal Deals
Weiss Brown PLLC
1

Deal Values

buy # Total
$100M to $1B 1 $140M
TOTAL $140M
Largest Riverside Assessments LLC
$140M (2018-09-12)
sell # Total
$100M to $1B 2 $505M
< $100M 1 $40M
TOTAL $545M
Largest Vionic Group LLC
$360M (2018-10-18)

M&A Connections

Deals %
Acquired from
Strategic(s)
100%
2 100%
Exited to
PE Firm(s)
50%
9 50%
Strategic(s)
50%
9 50%

 Subscribe to unlock this and 147,882
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 3.8K Private Equity Firms
  • 135K M&A Transactions
  • 144K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.0K M&A Advisors
    (Investment Banks and Law Firms)
  • 37K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.