Del-Air Heating & Air Conditioning
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
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