In May 2019, Alturus completed a majority recapitalization and growth equity investment in Imagine Solutions, a leading provider of document management and workflow automation technology and services. The Company is headquartered in Dallas, Texas.
In early 2019, Alturus partnered with Jeff Brock at Hargett Hunter to launch the Premier Brands Fund, targeting exceptional restaurant growth opportunities. Hargett Hunter is headquartered in Raleigh, North Carolina.
In late 2017, Alturus partnered with HC Private Investments to complete a majority recapitalization and growth equity investment in Springboard Manufacturing, a leading specialty plastic injection molding contract manufacturer. Springboard is headquartered in Greensboro, North Carolina.
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.
In July 2016, Alturus completed a growth equity investment in Growers, the premier provider of precision agriculture solutions to farmers. Growers is headquartered in Raleigh, NC.
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.
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.
In late 2014, Alturus partnered with David Lohmann and Matt Hale to complete a growth equity investment in Apex Dental Partners, a leading dental practice management organization. Apex is headquartered in Dallas, TX.
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
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
Seed capital provided by The Albany Group
Real estate private equity firm headquartered in Austin, Texas (additional offices in New York, Denver, and Nashville) with more than $1.8bn of assets under management.
Result: Pennybacker has a proven 12+ year track record of investing in and/or operating over 170 commercial and multifamily real estate properties located throughout the United States.