Strikepoint Group Holdings (SGH)
Backed by New Mountain Capital
History & Strategy
Strikepoint Group Holdings, formerly known as Horizon Group Holdings, has aggressively expanded in Florida's home-services market. SGH entered the Tampa Bay market in 2021 with Level Home Services and Performance AC, followed by Pinellas Comfort Systems, IERNA's, and Paradise Air in 2021-2022.
Business Model
SGH operates a multi-brand roll-up strategy focused on residential HVAC, plumbing, and electrical services. They acquire market-leading local brands, retain their identities, and provide centralized operational support including marketing, technology, and procurement.
PE Backer: New Mountain Capital
New Mountain Capital is a New York-based investment firm with over $45 billion in assets under management. Focuses on growth-oriented investments in defensive industries.
Operational Practices
Multi-brand platform with centralized marketing, shared procurement, membership plan structures, and cross-county service coordination. Strong focus on Tampa Bay market dominance.
Tampa Bay Portfolio
IERNA's Heating, Cooling & Plumbing
HVAC, Plumbing, Electrical, Indoor Air Quality · Hillsborough, Pinellas, Pasco, Hernando, Polk
Pinellas Comfort Systems
HVAC, Ductwork, Attic Insulation · Pinellas
Level Home Services
HVAC, Plumbing · Pinellas, Hillsborough
Performance Air Conditioning, Electrical & Plumbing
HVAC, Plumbing, Electrical · Hillsborough, Pinellas, Pasco
Paradise Air Inc.
HVAC · Pinellas, Hillsborough
Timeline
SGH Acquires Level Home Services
Strikepoint Group Holdings (then Horizon Group Holdings) acquires Level Home Services, establishing its first Tampa Bay foothold.
SGH Acquires Performance AC & Paradise Air
SGH acquires Performance Air Conditioning (founded 1959) and Paradise Air Inc., later merging them into a combined operation serving Hillsborough and Pinellas counties.
SGH Acquires Pinellas Comfort Systems
SGH expands in Pinellas County with the acquisition of Pinellas Comfort Systems, one of the oldest HVAC companies in the area, founded in 1957.
SGH Acquires IERNA's Heating & Cooling
SGH makes its biggest Tampa Bay move, acquiring IERNA's Heating, Cooling & Plumbing, a company founded in 2003 serving Hillsborough, Pasco, and Polk counties.