Private-equity platformverified

Panther Service Group

Tampa, FL · Formed 2026

In one paragraph. Panther Service Group, formed in 2026, is a private-equity platform headquartered in Tampa, FL. Its capital has come from Pearl Street Capital Partners, Graycliff Partners. In Tampa Bay it owns Apex Plumbing, Garrett Plumbing, Mason Air Conditioning and Heating, Green Light Electric Services, part of roughly 4 brands nationally.
PlatformPanther Service Group

How it operates

Florida-only plumbing, HVAC and electrical platform launched in Tampa in April 2026 by Pearl Street Capital Partners, whose Managing Partner Alex Study framed the thesis around 'people, culture and shared values just as much as growth.' Within a month it made its first partnership: Apex Plumbing of the Tampa Bay area and affiliated brands Garrett Plumbing, Mason Air Conditioning and Heating, and Green Light Electric Services, led by Joe Pinkert, who stayed on. Panther explicitly commits to preserving each brand's distinct identity and culture. It is the newest Tampa-headquartered PE platform in the market.

Tampa Bay brands (4)

Deal history in the region

Capital events

Recapitalizations, sponsor changes, debt raises, bankruptcies and exits at the platform level. These set the clock that local brands live on.

  • recap — Pearl Street Capital Partners launches Panther Service Group in Tampa as a Florida-focused plumbing/HVAC/electrical platform. [source]
  • debt raise — Graycliff Partners completed a unitranche debt and equity co-investment supporting Pearl Street Capital Partners' acquisition of Apex Plumbing; Graycliff said it would support further Florida plumbing, HVAC and electrical acquisitions. [source]

Frequently asked

Who owns Panther Service Group?

Panther Service Group is owned by its investors — Pearl Street Capital Partners, Graycliff Partners — together with management.

Which Tampa Bay companies does Panther Service Group own?

Apex Plumbing, Garrett Plumbing, Mason Air Conditioning and Heating, Green Light Electric Services.

Does Panther Service Group keep the local brand names?

4 of 4 Tampa Bay brands we track still operate under their original names.

Is Panther Service Group private equity?

Yes — it is a private-equity-backed platform (see the capital chain above).

Sources Verified — primary document

  1. PR Newswire / Pearl Street Capital Partners (2026-04-01) — press release. Tampa launch, Florida-only focus, Alex Study quote
  2. PR Newswire / Panther Service Group (2026-04-29) — press release. Apex Plumbing + Garrett Plumbing + Mason AC + Green Light Electric; Joe Pinkert; brand retention
  3. Lippes Mathias LLP — other. Counsel to Apex Plumbing on the Panther transaction
  4. Business Acquisition & Merger Associates (2026-05-01) — press release. Buy-side advisory confirmation of platform formation
  5. Graycliff Partners (2026-05-27) — press release. Financing structure and Florida buy-and-build intent

Researcher notes: The Graycliff credit facility named in the research brief was not found in either Panther press release — treat as unverified. No CEO is named in Panther's own releases; Alex Study is a Pearl Street managing partner, not necessarily Panther's CEO. Affiliated brands Garrett Plumbing, Mason Air Conditioning and Heating, and Green Light Electric Services were part of the same transaction but have no separate companies[] records because no city, founder or trade detail was disclosed for them. | The newest Tampa Bay-headquartered platform found in this window.

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