Investments

Current Investments

PVNavigator

In August 2015, Alturus completed a growth equity investment in PVNavigator, a developer of small scale PV solar power projects on environmentally impacted land such as brownfield sites, superfund sites and closed landfills. The Company is headquartered in Brea, California.

Timberline Gas

In July 2015, Alturus completed a majority recapitalization and growth equity investment in Timberline Gas, a retail and commercial provider of propane in the Rocky Mountain Region of the United States. The Company is headquartered in Belgrade, Montana.

1-800-Medigap

In September 2014, Alturus completed a growth equity investment in 1-800-Medigap, a marketing and lead generation business targeting the medicare supplemental, general health, and related insurance markets. The Company is headquartered in Rockwall, Texas.

Baseline Energy Services

In November 2016, Alturus completed a growth equity investment in Baseline Energy Services, a leading provider of well-site rental and servicing of mobile generators to upstream and midstream oil and gas companies. The Company is headquartered in Fort Worth, Texas.


Predecessor Transactions: Investment / Operating Experience

The below case studies are examples where the Principals of Alturus either seeded, invested in or helped grow the operating capabilities of lower middle-market businesses. In addition to these specific investments and operating experiences, the Alturus team has sponsored or co-led investments in a wide variety of sectors including distribution, specialty manufacturing, consumer goods and services, industrials, and business services.

QEP

Quantum Energy Partners

Co-founded by The Albany Group

Provider of private equity capital to the global energy industry with more than $6.5 billion in equity commitments since inception

Result: QEP is one of the largest energy focused private investments firms in the U.S. - currently managing over 25 active portfolio companies

EnerVest

EnerVest, Ltd

Co-founded by The Albany Group

Direct oil and gas property acquirer and operator for institutional investors

Result: Enervest is one of the larger direct property investment and operating firms in the U.S. - currently operates more than 28,000 wells in 17 states

Pennybacker

Pennybacker Capital

Co-founded by The Albany Group

Investor and operator of middle-market multifamily, retail, office and industrial assets in sustainable growth markets

Result: Currently manages over 15 properties, primarily focused in Texas

Globex

Globex Energy, Inc.

Co-founded by The Albany Group

International oil and gas exploration company

Result: Sold to Marathon Oil Corporation for $155 million

JM

JM Petroleum

Co-founded by The Albany Group

Crude oil marketing, distribution and transportation company

Result: Sold to Wesray Capital for $70 million

Taurus

Taurus Energy Corp.

Co-founded by The Albany Group

Natural gas pipeline development and operating company

Result: Sold to Coda for $20.5 million