Wrench Group sold to Investcorp in 2016

The article references Alpine's prior playbook in what became the Wrench Group, an HVAC and plumbing platform that grew past $150 million in revenue and was sold to Investcorp in 2016.

“The firm applied a similar strategy successfully in what later became known as the Wrench Group, an HVAC and plumbing services platform serving the Atlanta, Dallas, Houston, and Phoenix markets, which grew to over $150 million in revenues and was subsequently sold to Investcorp in 2016.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.