private equityverified

Trive Capital

Dallas, TX · Founded 2012 · ~$1-10B AUM

In one paragraph. Trive Capital is a private equity based in Dallas, TX managing roughly $1-10B in assets. In Tampa Bay its capital sits behind Cascade Services, which together control 1 local brand.

Why it invests in the trades

Dallas-based private equity firm backing Cascade Services, a Florida-centric residential HVAC and plumbing platform. Managing director Eric Hsu has publicly said Trive looks forward to 'partnering with other leading residential service companies.' Cascade's Tampa Bay presence is Harrington Air Conditioning in Pinellas County.

Platforms in Tampa Bay (1)

Local brands ultimately backed by Trive Capital (1)

Deals

Frequently asked

What does Trive Capital own in Tampa Bay?

Harrington Air Conditioning, through Cascade Services.

Is Trive Capital a private-equity firm?

Yes.

How long will Trive Capital hold these companies?

Private-equity funds typically target a 3–7 year hold before a sale, recapitalization or continuation fund. See "Notable exits" for how this investor has behaved before, and Debt, exits and the 5-year clock.

Sources Verified — primary document

  1. Cascade Services (2024-01-11) — press release. Trive Capital described as Dallas-based PE firm; Eric Hsu quote
  2. PrivSource (2026-09-09) — other. Trive Capital and LP First Capital in the December 2022 four-company Florida platform deal

Researcher notes: Founding year and AUM band are general firm facts.

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