Millian-Aire Enterprises
Overview
Millian-Aire Enterprises is an HVAC company serving both residential customers in the Tampa Bay area and commercial clients across the United States. Founded in 1993 by Howard Millian and his father Mike Millian.
Ownership History
Founded in 1993 by Howard and Mike Millian. Grew from a small local business to over 100 employees. Acquired by BGIS, a portfolio company of CCMP Capital, in April 2022.
Deal Details
Hyde Park Capital served as financial advisor on the sale of Millian-Aire to BGIS in April 2022. BGIS is backed by CCMP Capital.
Operational Changes
Brand name retained. Integrated into BGIS platform. Expanded commercial operations while maintaining residential Tampa Bay services.
Market Impact
Millian-Aire's acquisition brought a unique residential/commercial hybrid operator under PE ownership in the Tampa Bay market.
Key Events
BGIS Acquires Millian-Aire Enterprises
BGIS, backed by CCMP Capital, acquires Millian-Aire Enterprises, a Tampa Bay HVAC company founded in 1993 with both residential and commercial operations.
Parent Platform
BGIS
Backed by CCMP Capital