Paradise Air Inc.

Overview

Paradise Air Inc. was a local HVAC company in the Tampa Bay area. After acquisition by Strikepoint Group Holdings, it was merged with Performance AC to create a larger combined operation.

Ownership History

Founded in 2010 as a locally-owned HVAC company. Acquired by Strikepoint Group Holdings in November 2021. Merged into Performance Air Conditioning operations.

Deal Details

Acquired by SGH in November 2021 and merged with Performance AC, another SGH portfolio company, to expand combined service territory and offerings.

Operational Changes

Merged into Performance AC brand. Combined operations expanded to include plumbing and electrical services in addition to HVAC.

Market Impact

The merger with Performance AC demonstrated SGH's strategy of combining acquired brands to create larger, more competitive operations.

Parent Platform