Cool Wizard Air Conditioning Services
HVAC · Tampa, Hillsborough County · Founded 2008 by Pino and Barbara Mastrota
About the company
Tampa Bay-area residential HVAC company founded in 2008 by Pino and Barbara Mastrota. Acquired in July 2025 by Nashville-based Leap Partners, the platform's 28th acquisition across eight states in three and a half years and its entry into the Tampa Bay market.
Ownership history
What changed after the sale
Leap said Cool Wizard would keep its name and operational standards, with the Mastrotas continuing to lead the business. Leap CEO John Cerasuolo said 'the Cool Wizard focus on superior customer service is exactly what we look for in a partner.'
Only sourced observations are listed. Customers and employees can add what they saw.
Who really profits
Money paid to Cool Wizard Air Conditioning Services now flows to Leap Partners (Nashville, TN), and from there to its investors — Concentric Equity Partners — whose funds are ultimately owed returns by their limited partners. Formed in March 2022 when Concentric Equity Partners (the private equity arm of Financial Investments Corporation) recapitalized Conditioned Air Solutions and built a platform around it. Leap buys HVAC, plumbing and electrical firms across the Southeast and Midwest and keeps them operating under their existing names with the seller usually staying to run the business. By May 2026 it reported 32 companies acquired in four years across Alabama, Florida, Georgia, Kentucky, Missouri, North Carolina, Tennessee and West Virginia. Its Tampa Bay entry is Air Hawk Heating & Cooling of Odessa (Pasco County), built by Joseph Massa over 11 years, who continued to lead it post-close.
Capital events at the platform level: 2022-03-24 recap — Concentric Equity Partners announces formation of Leap Partners and the recapitalization of Conditioned Air Solutions as the platform's founding company..
Read more: why prices rise after a sale · debt, exits and the 5-year clock.
Same owner, different name
Other Tampa Bay brands controlled by Leap Partners. Getting a "second opinion" from one of these is not a second opinion.
Air Hawk Heating & Cooling
Frequently asked
Who owns Cool Wizard Air Conditioning Services?
Cool Wizard Air Conditioning Services is owned by Leap Partners, a private-equity platform headquartered in Nashville, TN, whose capital has come from Concentric Equity Partners. The sale was announced July 29, 2025; the company still operates under its original name.
Is Cool Wizard Air Conditioning Services private equity owned?
Yes. Cool Wizard Air Conditioning Services is part of Leap Partners, which is backed by Concentric Equity Partners. See the buyer profile for the capital structure.
Is Cool Wizard Air Conditioning Services locally owned?
Not in the sense most homeowners mean. Control sits with Leap Partners in Nashville, TN, although the local brand name is still used.
When was Cool Wizard Air Conditioning Services sold?
July 29, 2025 (announcement date).
Did Cool Wizard Air Conditioning Services change its name after the sale?
No. Keeping the acquired brand name is standard practice for platforms; it preserves customer trust and reviews while ownership changes behind it.
Sources Verified — primary document
- PR Newswire (2025-07-29) — press release. Date, 2008 founding, Mastrota founders, brand retention, 28th acquisition, quotes
- PrivSource (2026-09-09) — other. Deal database entry: Tampa Bay FL, July 29 2025
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