Who is Alpin?
Alpin is a private equity firm based in Australia.

Alpin
- Type
- private equity firm
- Headquarters
- Sydney, Australia
- Website
- alpin.com.au
How they work
Alpin is a Sydney private capital firm investing in Australian small and medium-sized businesses. It focuses on industrials and services, combining capital with operational support to help founder-led companies grow and manage ownership transitions.
Alpin first assesses the business, its people and the value it creates. It then works with management on strategic decisions, operational improvements and leadership transitions to support sustained growth.
- Capital model
- Private capital funds and co-investment alongside business owners, family offices and other investors.
- Geography
- Australian and Australasian SMEs.
- Hold period
- Patient, medium- to long-term investment; no fixed holding period published.
- Majority or minority
- Ability to ultimately hold a majority stake.
- Ownership
- Active partnership with owners and management, including operational and leadership support. Alpin is flexible about a selling owner’s involvement after a transaction.
- Sector focus
- Industrials and services; fragmented, growing sectors where Alpin has operating experience.
- Target EBITDA
- EBITDA margin above 15%; no absolute EBITDA range stated.
- Target revenue
- $10 million–$200 million.
Their portfolio
Showing 5 of 5 known holdings — coverage is still partial.
- SectorConstruction & infrastructureWhat they doAusdeck manufactures and sells patio systems and outdoor living products for Australia’s renovation market, with integrated production and sales operations in Brisbane and Sydney.
- SectorLogistics & transportWhat they doDuncan Solutions supplies integrated parking and smart-city systems, combining meters, sensors, guidance, payment and enforcement software through its parking management platform.
- SectorConstruction & infrastructureWhat they doGlass Outlet supplies glass, balustrade, fencing, screening and decking systems to Australian trade customers. It also fabricates custom products and distributes through a national warehouse network.
- SectorConstruction & infrastructureWhat they doSouthern Star Group manufactures and supplies windows and doors to Australian home builders. Its operations include glass processing, aluminium coating and timber and aluminium fabrication.
- SRO TechnologyProf. servicesSectorIndustrials & manufacturingWhat they doSRO Technology engineers, manufactures and services measurement instruments for mining, processing, materials handling and food production, including belt scales and detection systems.
Exited holdings
Confirmed former portfolio companies, shown separately from current holdings.
- SectorIndustrials & manufacturingWhat they doCIC Technology provides security cabinets and software controlling access to keys and other portable assets. Alpin reports selling the business to a CEO-led consortium in 2020. (exited)
- PTronikProf. servicesSectorIndustrials & manufacturingWhat they doPTronik designs, manufactures and supplies electronic control systems for industrial applications. Its engineering work covers the development and production of industrial control equipment. (exited)
Sources
- alpin.com.au · website
- alpin.com.au · research
- alpin.com.au · research
- alpin.com.au · research