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Simpson Air

PE-OwnedHVACPlumbingElectrical
Founded
1999
Acquired
2023
Counties
Hillsborough, Pinellas, Pasco, Hernando, Manatee, Sarasota
PE Backer
Astara Capital Partners

Overview

Simpson Air was a Tampa-based HVAC company founded in 1999. Acquired by Del-Air in December 2023, it has been merged into the Del-Air brand and now operates under Del-Air's Tampa division.

Ownership History

Founded in 1999 as a locally-owned Tampa HVAC company. Acquired by Del-Air Plumbing, Air Conditioning and Electric on December 21, 2023. Now operates under the Del-Air brand.

Deal Details

PCE Companies served as financial advisor to Simpson Air on the sale to Del-Air. The acquisition expanded Del-Air's Tampa Bay service territory.

Operational Changes

Merged into Del-Air brand. Operations consolidated under Del-Air's Tampa division. Customers redirected to Del-Air's expanded service platform.

Market Impact

Simpson Air's merger into Del-Air removed another independent Tampa Bay HVAC brand from the market.

Key Events

12/2023acquisition

Del-Air Acquires Simpson Air

Del-Air, backed by Astara Capital, acquires Tampa-based Simpson Air (founded 1999) and merges it into the Del-Air brand, expanding its Tampa Bay footprint.

Parent Platform

Del-Air (Platform)

Backed by Astara Capital Partners

Primary Source
PCE Companies