We are tracking Astra Service Partners' add-on acquisition of Andrew's Refrigeration, Plumbing, Electrical, Concrete and Construction, based in Phoenix, announced May 27, 2026. Deal value undisclosed; no multiple disclosed.
Astra operates within the Orion Group of field-services companies, a portfolio of Alpine Investors, and the transaction extends Astra's commercial and industrial reach across the western United States.
Andrew's brings refrigeration, plumbing, electrical, and concrete and construction capabilities under the Astra network.
Our data indicates Alpine Investors is doubly active this window. It sits behind Apex, which drew Apollo's roughly $2,000,000,000 minority investment, and behind Astra's Arizona add-on here.
That pairing shows one sponsor working both ends of the strategy at once, monetizing a mature residential platform while still building a separate commercial one through tuck-ins. This is a smaller regional add-on, not a platform event. We read it as continued western buildout, not a pivot for the Orion Group.