Alpine Investors, a Certified B Corp people-driven private equity firm committed to building enduring software and services companies, has announced the completion of a US$3.4 billion single-asset secondary market transaction to continue its partnership with Apex Service Partners, an HVAC, plumbing and electrical services leader and a portfolio company of Alpine Investors VII and VII-A.

Latham & Watkins LLP represented the lenders in the refinancing of Apex’s existing credit facilities in connection with the continuation transaction with a banking team led by New York partners Paul Bonewitz and Conray Tseng and Los Angeles partner Josh Holt, with associates Jenn Dweck, Tulika Sinha, Ed Prevost, Beste Bozkurt, and Jun Lei Lee. Advice was also provided on corporate matters by Chicago partner Jonathan Sarna, with associate Michael Magstadt; and on tax matters by New York partner Jiyeon Lee-Lim.