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Fundraise Oct 2023 Verified

$3.4B Continuation Fund for Apex Service Partners

In October 2023, Alpine Investors and Partners Group completed a $3.4 billion continuation fund for Apex Service Partners, one of the largest single-business continuation transactions in PE history. This structure allows Alpine to hold Apex indefinitely rather than pursuing a typical 3-5 year exit.

“The company is backed by Alpine Investors and Partners Group, the latter having participated in a $3.4 billion continuation fund in October 2023 — one of the largest single-business continuation transactions in PE history.”

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ElectricalHVACPlumbing Sentiment: Positive

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