Altamont Capital Partners has bought Service Minds, an electrical, plumbing and HVAC services provider.
The Service Minds transaction represents Altamont’s attempt to further its multi-unit consumer sector leadership.
“Service Minds holds great potential for growth thanks to a strong business model that provides critical services and delivers industry leading customer service,” said Kevin Mason, managing director of Altamont. “We could not be more excited to have an opportunity to partner with this team.”
Boxwood Advisors acted as financial advisor, and Ropes & Gray and Morrison & Foerster served as legal counsels to Altamont. Truist Securities acted as financial advisor, and Shumaker, Loop and Kendrick, LLP served as legal counsel to Service Minds. Financing for the transaction was provided by Varagon Capital Partners, Stellus Capital Management, and Principal Alternative Credit.