Investments

Current Investments

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.

TerraNavigator

In August 2015, Alturus completed a growth equity investment in TerraNavigator, a beneficial re-use development firm focused on renewable energy-anchored redevelopment of brownfield, landfill, and surplus properties. 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.


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