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Del-Air Heating & Air Conditioning

PE-OwnedHVACPlumbingElectrical
Founded
1983
Acquired
2022
Counties
Hillsborough, Pinellas, Pasco, Polk, Hernando, Manatee
PE Backer
Astara Capital Partners

Overview

Del-Air is one of Florida's largest residential HVAC, plumbing, and electrical service providers, operating across Central Florida with a significant Tampa Bay presence.

Ownership History

Founded in 1983 in Sanford, Florida. Grew to become one of Florida's largest HVAC companies. Astara Capital Partners completed a majority investment in November 2022.

Deal Details

Astara Capital Fund I, LP made a majority investment in Del-Air in November 2022, partnering with existing management to accelerate growth through acquisitions.

Operational Changes

Pursuing aggressive acquisition strategy under Astara Capital backing. Acquired Simpson Air (2023) and Gator Air Conditioning (2025) in Tampa area. Expanding plumbing and electrical services.

Market Impact

Del-Air's PE backing has enabled rapid expansion across Tampa Bay through bolt-on acquisitions, increasing market concentration.

Key Events

11/2022investment

Astara Capital Invests in Del-Air

Astara Capital Partners completes a majority investment in Del-Air Heating & Air Conditioning, transforming the Florida HVAC giant into a PE-backed acquisition platform.

Parent Platform

Del-Air (Platform)

Backed by Astara Capital Partners

Primary Source
PR Newswire