At a glance
| Check size | $25M to $100M S2 |
|---|---|
| Deal types | Platform, Add-on, Minority S2 |
| Geography | United States, Canada S2 |
| Sectors | Construction Services, HVAC, Plumbing & Electrical, Software & SaaS |
What AVALT buys
AVALT is a Boston investment firm that puts only its partners' own permanent capital to work, so there is no fund life forcing a sale. It writes equity checks of about $25 million to $100 million or more per deal, which points to established companies. It looks for founder or family-owned businesses in the US and Canada that are taking outside capital for the first time, and it prefers to buy the whole company or a majority stake, though it will consider a large minority position.
It targets two areas. The first is commercial and industrial services: route-based field work, facilities services, specialty contracting, testing and inspection, specialty distribution and equipment rental. The second is professional and tech-enabled services such as IT services, outsourcing, vertical software and financial services. Current holdings include BFC Solutions, WASH and Wall Works Holdings, a drywall and finishing contractor platform formed with VantEdge. A smaller contractor is most likely to meet AVALT as an add-on to Wall Works, which added C.I.D. Construction and Associated Drywall Partners between November 2025 and January 2026.
Recent deals
Announced in the 24 months before November 2, 2026.
| Date | Company | Type | Sector | Source |
|---|---|---|---|---|
| Jan 2026 | Associated Drywall PartnersIndianapolis drywall, framing and painting contractor joins Wall Works as its third regional hub, with management investing alongside | Add-on | Construction Services | Source |
| Nov 2025 | C.I.D. ConstructionFamily-owned New Hampshire framing and drywall contractor added to Optimum, the Wall Works hub for New England | Add-on | Construction Services | Source |
| Aug 2025 | AnarkColorado industrial software company acquired by Oakline Holdings, AVALT's vertical software partnership | Add-on | Software & SaaS | Source |
| Jul 2025 | WASHAgreement to buy the route-based apartment and campus laundry services company from EQT, alongside Northleaf | Platform | Source | |
| May 2025 | Optimum Building SystemsFounder-led New England finishing contractor bought as the launch of Wall Works Holdings with VantEdge | Platform | Construction Services | Source |
| Mar 2025 | Applied Training Resources (ATR)Founder-owned Texas procedure management software company acquired by Oakline Holdings | Add-on | Software & SaaS | Source |
Portfolio by sector
From the firm's portfolio page S3.
Commercial and Industrial Services
- BFC Solutions
- Ned's Home
- Wall Works Holdings
- WASH
Consumer Services
- Dig
Professional and Tech-Enabled Services
- Oakline Holdings
Past investments: Solmetex, AMAROK, &pizza
Greymont’s take
How AVALT fits a seller
AVALT suits owners of larger founder or family-owned service businesses who want a buyer without a fund clock. Because it invests its own money, it says it sells only when that is the right answer for the company, which matters to an owner who rolls equity or keeps a stake. Its check size means most smaller companies will meet it as an add-on rather than a new platform, mainly through Wall Works in the finishing trades, where partner contractors keep their brands and local managers have invested alongside the sponsors.
Some deals are shared with co-investors such as VantEdge and Northleaf, so an owner should ask who else sits on the board and who makes the final call. It is also worth asking how AVALT plans to fund growth after closing, since it says it would rather reinvest profits in the business than pull them out.
Questions owners ask
How much does AVALT invest in a company?
Its criteria page lists equity investments of $25 million to $100 million or more, with room to go meaningfully larger. That size usually means an established company, so smaller businesses more often join one of its existing platforms.
Does AVALT have a deadline to sell the businesses it buys?
No. AVALT invests only its own permanent capital rather than a fund with outside investors, so it has no fixed timeline. It says it does sell companies, but only when a sale is the right answer for the business.
Does AVALT buy construction and specialty contractors?
Yes. With VantEdge it built Wall Works Holdings, a finishing trades platform that started with Suburban Drywall in Wisconsin in 2024, added Optimum Building Systems in May 2025, C.I.D. Construction in November 2025 and Associated Drywall Partners in January 2026, and now also lists Blue Line Drywall in New Jersey.
Will AVALT take a minority stake instead of buying the whole company?
It prefers a full sale or a majority recapitalization, but its criteria say it is open to sizeable minority partnerships with founder or family-owned companies taking their first institutional capital.
Sources
- S1AVALT home page Accessed November 2, 2026
- S2AVALT: About (investment criteria and primary industries) Accessed November 2, 2026
- S3AVALT: Portfolio Accessed November 2, 2026
- S4AVALT: News Accessed November 2, 2026
- S5AVALT: Contact (Boston office address) Accessed November 2, 2026
- S6Northleaf and AVALT Announce Acquisition of WASH (July 15, 2025) Accessed November 2, 2026
- S7AVALT and VantEdge Launch Wall Works Holdings, Acquire Optimum Building Systems (May 5, 2025) Accessed November 2, 2026
- S8Optimum, a Wall Works Holdings Company, Acquires C.I.D. Construction (November 3, 2025) Accessed November 3, 2026
- S9Wall Works Holdings Announces Partnership with Associated Drywall Partners (January 30, 2026) Accessed November 3, 2026
- S10Wall Works Holdings: Our Partner Companies Accessed November 3, 2026
- S11Oakline Announces its Investment in ATR Accessed November 2, 2026
- S12Oakline Announces its Investment in Anark Accessed November 2, 2026
- S13AVALT and VantEdge Acquire Suburban Drywall (July 8, 2024) Accessed November 2, 2026
Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with AVALT. Figures are as reported on the dates shown and may have changed. Request a correction