Lower middle market private equity firm
Alterna Equity Partners
- HeadquartersFort Lauderdale, FL S1
- Websitealternaequitypartners.com
- Last verifiedOctober 26, 2026
At a glance
| EBITDA range | $3M to $15M S2 |
|---|---|
| Revenue range | $10M to $150M S2 |
| Check size | $5M to $20M S2 |
| Deal types | Platform, Add-on, Minority S2 |
| Geography | United States S2 |
| Sectors | Environmental & Waste, Transportation & Logistics, Distribution |
What Alterna Equity Partners buys
Alterna Equity Partners is a South Florida private equity firm, with offices in Fort Lauderdale and Delray Beach, that buys majority stakes in founder- and family-owned lower middle market companies and sometimes takes a minority position. Its criteria call for $3 million to $15 million or more of EBITDA, $10 million to $150 million of revenue, and enterprise values of roughly $15 million to $150 million. It invests $5 million to $20 million of equity per deal and can go bigger with co-investors. Target sectors are business services, industrials, healthcare services, transportation and logistics, technology and financial services.
It can invest anywhere in the United States, but its core focus is companies based in the South. It favors buy-and-build plans, family businesses facing a transition, and buyouts led by operators or management, and it says it keeps debt levels conservative. Current holdings are Bulk Environmental & Industrial, a Southeast hauler of waste and bulk materials, the marketing agency Mod Op, and National Transmission Products, an auto parts distributor. Add-ons have no minimum size.
Recent deals
Announced in the 24 months before October 26, 2026.
| Date | Company | Type | Sector | Source |
|---|---|---|---|---|
| Oct 2026 | National Transmission Products (NATPRO)Southern California supplier of automatic transmission parts with 14 US locations, backed in partnership with its president | Platform | Distribution | Source |
Portfolio by sector
From the firm's portfolio page S3.
Current investment
- National Transmission Products
- Bulk Environmental & Industrial
- Mod Op
Past investments: Alterna Capital Solutions
Greymont’s take
How Alterna Equity Partners fits a seller
Alterna suits founders and families in the South who want a partner that backs the current team's growth plan and lets them keep a meaningful stake. Its strategy is built around equity alignment with owners and managers, and its October 2026 NATPRO investment was made in partnership with the company's president. The firm is a selective buyer: NATPRO was its only announced deal in the 24 months before this review, and Bulk Environmental last announced an add-on in 2023. That can mean close attention from the partners, but fewer examples to check.
An owner should ask how much of Fund I is left for new platforms and add-ons, what stake and board role the firm expects the founder to keep, and how it has worked with past owners. Speaking with the founders of Bulk Express or Mod Op would be a good reference check.
Questions owners ask
What size company does Alterna Equity Partners invest in?
Its criteria list $3 million to $15 million or more of EBITDA, $10 million to $150 million of revenue and enterprise values of about $15 million to $150 million. There is no minimum size for add-ons.
Does Alterna take minority stakes?
It mainly buys majority positions, but its website says it also considers non-control investments selectively, alongside founders and management teams who keep a meaningful share of the company.
Where does Alterna invest?
It can invest across the United States, but its stated core focus is companies headquartered in the South. Its current holdings are based in Miami, Fort Lauderdale and the Los Angeles area.
What has Alterna bought recently?
In October 2026 it announced an investment in National Transmission Products, a transmission parts supplier founded in 1973 with 14 locations, made in partnership with the company's president. Synovus Bank provided the debt financing.
Sources
- S1Alterna Equity Partners home page Accessed October 26, 2026
- S2Alterna Equity Partners: Investment Strategies Accessed October 26, 2026
- S3Alterna Equity Partners: Investment Portfolio Accessed October 26, 2026
- S4Alterna Equity Partners Announces Investment in National Transmission Products (October 21, 2026) Accessed October 26, 2026
- S5Alterna Equity Partners: National Transmission Products Accessed October 26, 2026
- S6Alterna Equity Partners: Bulk Environmental & Industrial Accessed October 26, 2026
- S7Alterna Equity Partners: Investment News Accessed October 26, 2026
- S8Alterna Equity Partners Announces Closing of Fund I (May 31, 2024) Accessed October 26, 2026
- S9Alterna Equity Partners: Mod Op Accessed October 26, 2026
- S10Alterna Equity Partners: Alterna Capital Solutions Accessed October 26, 2026
- S11Alterna Equity Partners Announces Launch of Inaugural Private Equity Fund (June 3, 2021) Accessed October 26, 2026
Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with Alterna Equity Partners. Figures are as reported on the dates shown and may have changed. Request a correction