TW Tampa Home WatchdogWho owns your contractor
Home › Buyers › Strikepoint Group Holdings, LLC
Private-equity platformverified

Strikepoint Group Holdings, LLC

Newark, DE · Formed 1987 · CEO Ken Porpora

In one paragraph. Strikepoint Group Holdings, LLC, formed in 1987, is a private-equity platform headquartered in Newark, DE. Its capital has come from New Mountain Capital, LLC. In Tampa Bay it owns IERNA's Heating, Cooling and Plumbing, Pinellas Comfort Systems, Performance Air Conditioning, Electrical & Plumbing, Paradise Air, Elite Home Services, Mr. AC Cooling & Heating, Elite Heating and Air, IERNA's Heating, Cooling & Plumbing, part of roughly 33 brands nationally.
PlatformStrikepoint Group Holdings, LLC
→
Capital behind it

How it operates

Private-equity-backed residential home services roll-up. The operating company is Horizon Services, founded 1987 in Newark, Delaware; the holding company was Horizon Group Holdings, LLC and adopted the Strikepoint Group Holdings brand in June 2021. Its financial sponsor is New Mountain Capital, which acquired control in November 2019 from Sun Capital Partners; New Mountain still lists it as a current flagship-control private equity portfolio company. Buys established residential HVAC, plumbing, electrical and drain companies, keeps each local brand name and management, and clusters geographically — including a deliberate Tampa Bay cluster (Pinellas Comfort Systems in Clearwater, Performance and Paradise Air in Largo, IERNA's in Lutz, Elite in Bradenton, Mr. AC in Sarasota) — alongside a large Northeast/Mid-Atlantic footprint via Horizon Services, Gold Medal, Hutchinson and HARP. Both the Horizon Group Holdings and Strikepoint Group Holdings names remain in concurrent use.

Tampa Bay brands (8)

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.

  • new sponsor — An affiliate of Sun Capital Partners, Inc. (Boca Raton, FL) acquires Horizon Services, Inc., the Newark, Delaware residential HVAC/plumbing business founded by Dave Geiger. Terms undisclosed. Sun Capital completed 10 add-on acquisitions during its hold, entering Northern New Jersey, Northern Virginia, Atlanta and Florida. [source]
  • new sponsor — New Mountain Capital (New York) acquires control of Horizon Group Holdings, LLC; Sun Capital Partners affiliate exits after roughly two and a half years. Horizon's founder and management retained an equity stake. New Mountain sourced the deal preemptively outside an auction. Terms undisclosed. New Mountain personnel on the deal: Managing Director Mat Lori and Director Kyle Peterson. [source]
  • exit — Sun Capital Partners affiliate completes sale of Horizon Services to New Mountain Capital. Sun Capital's own release confirms the exit and describes the buy-and-build hold period. [source]
  • recap — Horizon Group Holdings rebrands as Strikepoint Group Holdings; at launch 20+ brands, ~2,000 employees, 1,500+ vehicles across 11 eastern states. [source]
  • recap — Horizon Group Holdings rebrands as Strikepoint Group Holdings; at launch 20+ brands, ~2,000 employees, 1,500+ vehicles across 11 eastern states. No change of sponsor — New Mountain Capital remained the owner. [source]

People

  • Charlie Haines — platform ceo. CEO of Strikepoint Group Holdings, the Newark, Delaware platform that rebranded from Horizon Group Holdings in June 2021 and built a six-brand cluster across Tampa Bay.
  • Dave Geiger — founder. Founder of Horizon Services (Newark, Delaware, 1987) and its CEO through the Sun Capital and early New Mountain ownership periods; he and management retained an equity stake in the November 2019 New Mountain transaction and he serves as Chairman of the board.
  • Ken Porpora — platform ceo. Chief Executive Officer of Horizon Group Holdings / Strikepoint Group Holdings since January 2024. Spent over 25 years at ADT, most recently as Executive Vice President and Chief Financial Officer, and previously as SVP and Chief Growth Officer and President of ADT's North American business unit; he helped take ADT private via a private equity sale and back public via IPO.

Frequently asked

Who owns Strikepoint Group Holdings, LLC?

Strikepoint Group Holdings, LLC is owned by its investors — New Mountain Capital, LLC — together with management.

Which Tampa Bay companies does Strikepoint Group Holdings, LLC own?

IERNA's Heating, Cooling and Plumbing, Pinellas Comfort Systems, Performance Air Conditioning, Electrical & Plumbing, Paradise Air, Elite Home Services, Mr. AC Cooling & Heating, Elite Heating and Air, IERNA's Heating, Cooling & Plumbing.

Does Strikepoint Group Holdings, LLC keep the local brand names?

8 of 8 Tampa Bay brands we track still operate under their original names.

Is Strikepoint Group Holdings, LLC private equity?

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

Sources Verified — primary document

  1. Strikepoint Group Holdings (2026-09-09) — platform site. Full brand roster with cities; source for Tampa Bay brand slugs and brand_count_total of 33
  2. Strikepoint Group Holdings (2021-06-04) — press release. Rebrand from Horizon Group Holdings; Newark DE HQ; CEO Charlie Haines
  3. Strikepoint Group Holdings (2022-09-01) — press release. IERNA acquisition; 23rd acquisition since September 2020; names existing Tampa brands
  4. Strikepoint Group Holdings (2026-09-09) — platform site. Acquisition index across multiple pages
  5. WebWire (2021-11-03) — press release. Founded 1987, Newark DE HQ, nine states at the time
  6. ACHR News (2022-10-01) — trade press. 23rd, 24th and 26th acquisitions since September 2020
  7. New Mountain Capital (2019-11-13) — press release. Sponsor's own release: New Mountain Capital acquires Horizon Group Holdings, LLC (Newark DE, founded 1987). Names Dave Geiger (founder/CEO), Charlie Haines (President), Mat Lori (NMC MD), Kyle Peterson (NMC Director).
  8. New Mountain Capital (2026-09-09) — platform site. Portfolio page: investment date November 2019, status current, strategy 'Private Equity Flagship Control'. Confirms New Mountain still owns the platform.
  9. Sun Capital Partners (2017-03-07) — press release. Prior sponsor: Sun Capital affiliate acquires Horizon Services, Inc.
  10. Sun Capital Partners (2019-11-13) — press release. Sun Capital exit release; quotes CEO Dave Geiger, Marc Leder and Steven Liff; 10 add-ons during hold.
  11. Business Wire (2024-01-16) — press release. Names New Mountain Capital as the backer and its Managing Directors Joe Delgado and Kyle Peterson as board directors; Dave Geiger founder/chairman; states Horizon Group Holdings operates under the alternate name Strikepoint Group Holdings; Ken Porpora (ex-ADT EVP/CFO) appointed CEO.
  12. U.S. SEC / New Mountain Finance Corporation (Form N-2) (2023-05-17) — other. SEC-filed bio of New Mountain Capital Managing Director Joseph (Joe) Delgado states he 'currently serves on the Board of Directors of HomeX, Qualus Power Services, Inframark, Horizon Services, Finvi, Pearce Services, Aegion and Cumming' — independent SEC-filed confirmation of the New Mountain / Horizon control relationship.
  13. AltAssets (2019-11-14) — trade press. Trade press confirming Sun Capital's exit of Horizon Group to New Mountain Capital.
  14. PitchBook (2026-09-09) — other. Public preview lists New Mountain Capital as investor; status 'Private Equity-Backed'; 2,700 employees (2024); 32 acquisitions; 9 financing rounds. Specific lender names paywalled.
  15. Strikepoint Group Holdings (2026-09-09) — platform site. Current executive team: Ken Porpora (CEO), John Souther (Chief Transformation Officer), Daniel Ireton (CMO), Elise Doyle (CHRO). No investor disclosure on the site.
  16. ACHR News (2023-02-21) — trade press. 32 acquisitions since September 2020; Charlie Haines still CEO as of Feb 2023 (before Porpora).

Researcher notes: Sponsor identified Sept 2026: New Mountain Capital (control since Nov 2019; prior sponsor Sun Capital 2017-2019). Strikepoint is the 2021 rebrand of Horizon Group Holdings. CEO Ken Porpora since Jan 2024 (prior: Charlie Haines). | No private-equity sponsor is disclosed on Strikepoint's own site or in the ACHR News coverage reviewed. PitchBook and CB Insights profiles exist but were not fetched. Sponsor identity is an open gap. | No private-equity sponsor was named in any Strikepoint release reviewed; the sponsor behind the platform remains unverified. | SPONSOR IDENTIFIED: New Mountain Capital, LLC (New York) has owned the platform since November 13, 2019, when it bought Horizon Group Holdings, LLC from a Sun Capital Partners affiliate. Proven by (a) New Mountain's own deal release, (b) New Mountain's live portfolio page listing the investment as current flagship-control, (c) Sun Capital's own exit release, (d) a 2024 Business Wire release naming New Mountain as backer with two of its Managing Directors on the board and stating Horizon Group Holdings operates under the alternate name Strikepoint Group Holdings, and (e) an SEC-filed Form N-2 (New Mountain Finance Corp) whose bio of MD Joe Delgado lists Horizon Services among his board seats. Prior sponsor Sun Capital Partners (Boca Raton, FL) held it March 2017 - November 2019. CEO updated: Ken Porpora since 2024-01-16, succeeding Charlie Haines; Dave Geiger is founder and chairman. LENDERS REMAIN UNIDENTIFIED: SEC full-text search returns no BDC or credit-fund schedule-of-investments entry for 'Strikepoint', 'Horizon Group Holdings', 'Horizon Services Holdings' or similar, so the debt is likely privately held and unfiled; PitchBook shows 9 financing rounds but names are paywalled. Delaware Division of Corporations name search is an ASP.NET postback form and could not be queried without a browser session; Florida Sunbiz entity DETAIL pages returned 403 to automated fetches (search result lists were retrievable: IERNA'S HEATING & COOLING, INC. doc P03000062628 status 'NAME HS'; PINELLAS COMFORT SYSTEMS, INC. doc P05000162443 status 'NAME HS' — both flagged as name-history/changed, consistent with post-acquisition restructuring, but officer records were not read). A Form D filed 2024-03-22 by 'Horizon Services Acquisition, LLC' (CIK 0002016682, Bloomfield Hills MI, 40900 Woodward Ave Ste 200) is NOT this company — that address is O2 Investment Partners and the target matches 4M Building Solutions' 2024 purchase of a Connecticut janitorial firm named Horizon Services.

See something wrong? Request a correction — we publish our corrections log.

Reader comments

Loading comments…

Comments are held for review before they appear. We remove unsourced accusations, personal information, and spam. Comment policy.