Investment Summary

Alaris Equity Partners Invests In 3E

On February 25, 2021, private equity firm Alaris Equity Partners invested in utilities company 3E

Investment Highlights
  • This is Alaris Equity Partners’ 1st transaction in the Utilities sector.
  • This is Alaris Equity Partners’ 16th transaction in the United States.

Investment Summary

Date 2021-02-25
Target 3E
Sector Utilities
Investor(s) Alaris Equity Partners
Deal Type Growth Capital

Target

3E

United States
3E is a utility service provider that installs, inspects, maintains and replaces critical infrastructure (primarily natural gas utilities) for blue-chip, investor-owned utility companies. 3E operates under two entities: Benton Georgia and Pipe Strong, with operations across nine States in the Southeastern and Midwestern United States including Georgia, Illinois, Texas, Tennessee, Missouri, Kentucky, Louisiana, Arkansas and Mississippi. 3E's business is well positioned to benefit from maintaining and replacing the aging natural gas utility network in the United States.

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Investor(S) 1

DESCRIPTION

Alaris Equity Partners is a private equity firm focused on non-control investments in lower-middle market North American companies. Alaris typically commits $10 to $100 million per transaction to support recapitalization, growth, buyout, and generational transfer investment situations. The Firm invests in a variety of industries including business services, healthcare services, industrial services, IT, and construction. Alaris Equity Partners was established in 2004 and is based in Calgary, Alberta.


DEAL STATS #
Overall 19 of 22
Sector (Utilities) 1 of 1
Type (Growth Capital) 12 of 14
Country (United States) 16 of 19
Year (2021) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
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FNC Title Services is a full service title and settlement company, specializing in reverse mortgages that operates in 49 states. FNC Title Services was founded in 2007 and is based in Rockville, Maryland.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-28 D&M Leasing

Dallas, Texas, United States

D&M Leasing is an independent direct to consumer provider of vehicle sourcing and leasing services in United States. D&M Leasing was founded in 1976 and is based in Dallas, Texas.

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