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Trinity Hunt Partners Announces Commercial HVAC Services Platform with Investment in Alliance Group
[April 13, 2023]

Trinity Hunt Partners Announces Commercial HVAC Services Platform with Investment in Alliance Group


Trinity Hunt Partners, a growth-oriented private equity firm focused on services businesses, announced today its majority investment in Alliance Group, a leading provider of commercial heating, ventilation, and air conditioning (HVAC) system services.

Alliance specializes in the maintenance, repair, and installation of commercial HVAC systems. In addition to its core HVAC services, the company offers electrical, plumbing, construction, and building automation services, providing clients with a single-source solution for facility maintenance and repair needs. Alliance serves more than 500 clients across diverse end markets throughout the Northeast, earning its reputation as a regional leader through its premier team of technicians and best-in-class client service.

"With Trinity Hunt's support, we look forward to building upon the well-established market position and excellent service that Alliance is known for," said Alliance President Jason Patnaude. "We were very intentional in selecting a partner that not only has deep experience in growing commercial services businesses but also shares our core values and demonstrates the utmost respect for our team and customers."

Alliance marks Trinity Hunt's initial investment as part of a broader platform acquisition strategy in the commercial HVAC services industry. Steve Knowles will lead the platform as the CEO, bringing extensive experience in M&A with a proven track record of leading services bsinesses through accelerated growth.



"We are committed to building on Alliance's strong foundation as we work collaboratively to establish a national commercial HVAC platform," said Knowles. "With support from Trinity Hunt, we will remain focused on delivering exceptional client service while upholding a standard of operational excellence and outstanding workplace culture as we expand."

"Alliance's impressive track record of growth, along with its commitment to quality service, made this partnership a perfect fit to launch our platform," commented Garrett Greer, partner at Trinity Hunt. "We look forward to scaling the business through strategic acquisitions across the U.S. and supporting management as they continue to execute on organic growth initiatives."


Katten Muchin Rosenman served as legal advisor to Trinity Hunt. GrayRobinson served as legal advisor to Alliance Group. Terms were not disclosed.

ABOUT ALLIANCE GROUP

Since its founding in 2010, Alliance Group has served the New England region by providing best-in-class maintenance, repair, and installation services for commercial heating, ventilation, and air conditioning (HVAC) systems. Highly regarded and trusted by more than 500 clients, Alliance offers a full suite of services in addition to core maintenance, including electrical, plumbing, construction, and building automation services. For more information, visit www.agusa.com.

ABOUT TRINITY HUNT PARTNERS

Trinity Hunt Partners is a growth-oriented private equity firm with over $1.7 billion of assets under management focused on building leading business, healthcare, and consumer services companies. Trinity Hunt has earned a reputation for providing the strategic, operational, and financial capabilities needed to take entrepreneurial services companies to the next level. For more information, visit www.trinityhunt.com.


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