Caprice Capital Partners, LLC recently underwrote, agented, and served as a sole lender on a 1st lien term loan and provided an equity co-investment in partnership with Shadow Lake Partners to acquire Alliance Plumbing (“Alliance” or the “Company”).

Devaunt LeClaire, Shadow Lake Partners’ Managing Partner commented: “The Caprice team has been a value-added partner through the diligence process and their extensive experience partnering with lower middle market companies allowed us to execute with speed and certainty. Add-ons will play a large role in our value-creation strategy, and Caprice’s ability to move quickly with incremental investments of up to $75 million gives us and management the conviction we need to execute.”

Founded in 2007 and headquartered in Phoenix, AZ, Alliance is a leading provider of plumbing, HVAC, and mechanical and repair services as well as plumbing construction services in the greater Phoenix Scottsdale, AZ MSA. Robert Choi, Vice President at Caprice, added “Caprice’s one-stop capital solution and partnership approach demonstrates Caprice’s ability to effectively support independent sponsors.”

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