Acquisitionverified
Southeastern Home Services buys Port Richey's Stay Cool Air Conditioning
What happened. Southeastern Home Services acquired Stay Cool Air Conditioning and Heating of Port Richey, a residential HVAC contractor providing 24-hour service across the Tampa Bay area. CEO Tom Birchard said Stay Cool 'has built an outstanding reputation with homeowners in the Tampa market through an unwavering commitment to 24/7 service.' The release identified WhitneyWilder as a St. Petersburg-based family office. It was the platform's third Tampa Bay-area acquisition in four months. No brand or leadership changes were announced and terms were not disclosed.
Parties
- Company
- Stay Cool Air Conditioning and Heating · Port Richey, Pasco County
- Buyer
- Southeastern Home Services
- Capital
- WhitneyWilder
- Price
- Not disclosed
The name on the truckStay Cool Air Conditioning and Heating
Port Richey, Pasco County
Operating ownerSoutheastern Home Services
St. Petersburg, FL
Capital behind it
WhitneyWilder
St. Petersburg, FL
Other Tampa Bay brands under Southeastern Home Services: Mario's Air Conditioning & Heating, Pro-Team Plumbing.
What this kind of deal tends to mean for customers and staff: pricing · sales pressure · technicians · the exit clock.
Sources Verified — primary document
- PR Newswire (2022-08-15) — press release. Primary announcement
- ACHR News (2022-08-15) — trade press. Trade coverage
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