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This article was supported by RTC’s Research Analyst Joseph Chiang.
At the 2026 Serial Acquirer Conference, we hosted Frankie Costa–previously CEO of Alpine-backed Orion Group and Helios Services Partners. We’ve already wrote about Evergreen, a ~decade old MSP rollup platform sponsored by Alpine. So we thought we’d delve into a more recent platform: Mosaic Services Partners.
State of Play
Alpine Investors launched Mosaic Service Partners in November 2025, a consolidation platform for the window and door replacement industry.
But it’s not Alpine’s first rodeo in home services. Alpine’s had massive success in:
Apex Service Partners (HVAC/plumbing/electrical, 107 brands, $1.3B revenue, $3.4B continuation fund in 2023); and
Vertex Service Partners (roofing/exterior, $600M+ revenue, 30 acquisitions in 2.5 years).
While it is too early to tell if Mosaic will be just as successful, one thing is for certain: this industry is ripe for consolidation.
If you’re a home services acquirer looking for the next thesis, you are going to want to tune in. Let’s dive in.