# Alphi Capital partners with RedBlue HeatPumps & Refrigeration

Alphi Capital, a Toronto-based private equity firm, has partnered with RedBlue HeatPumps & Refrigeration, an HVAC, plumbing and electrical services provider in Victoria, British Columbia. The investment will support RedBlue's growth.

- Type: Acquisition
- Announced: 2025-07-21
- Where: Victoria, British Columbia, Canada
- Status: announced
- Products: HVAC services, plumbing services, electrical services
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Alphi Capital](https://endata.com/companies/86135.md) (acquirer)
- [Alphi Capital](https://endata.com/companies/86135.md) (investor)
- [RedBlue HeatPumps & Refrigeration](https://endata.com/companies/86136.md) (target)
- [RedBlue Heat Pumps & Refrigeration](https://endata.com/companies/86225.md) (target)

## Sources

- [alphicapital.com](https://www.alphicapital.com/news/alphi-capital-partners-with-redblue-heatpumps-refrigeration), 2025-07-21: "Their investment in RedBlue will enable us to accelerate our growth, while better serving our loyal employees and customer base."
- [newswire.ca](https://www.newswire.ca/news-releases/alphi-capital-partners-with-redblue-heatpumps-amp-refrigeration-842749104.html), 2025-07-22: "We are incredibly excited about partnering with Alphi and the resources and expertise they bring to the table."
- [hpacmag.com](https://www.hpacmag.com/heating-plumbing-air-conditioning-general/alphi-capital-acquires-b-c-s-redblue-heat-pumps-refrigeration/1004145327/), 2025-07-24: "We are incredibly excited about partnering with Alphi and the resources and expertise they bring to the table."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.