Interstate AC Service Partners with Anchor Heating & Air Co. to Enter the Atlanta Market

Hidden Harbor Capital Partners Acquires Air Conditioning Specialist, Inc.

September 8, 2021

HVAC & Mechanical

Hidden Harbor Capital Partners, a Boca Raton-based private equity firm, acquired Air Conditioning Specialist, Inc. (ACS), a Georgia-based HVAC service provider with locations in Milledgeville and Covington. The transaction closed on August 31, 2021 (terms undisclosed); Hidden Harbor said it will support ACS’s growth and expansion of service offerings across Georgia and the southeastern United States.

Apex Service Partners Acquires Southern Air Heating & Cooling

September 27, 2019

HVAC & Mechanical

Apex Service Partners has partnered with Southern Air Heating & Cooling, a residential HVAC and plumbing services company headquartered in Ball, Louisiana, to add the business to its national HVAC, plumbing and electrical services platform. The Preuett family (founder Ira Preuett) will continue to operate the business under its current brand while Apex (a platform backed by Alpine Investors) supports further growth and geographic expansion across Louisiana and Mississippi.

Air Conditioning Specialist (ACS) Acquires Charcool Heating & Cooling

May 6, 2022

HVAC & Mechanical

Air Conditioning Specialist, Inc. (ACS), a portfolio company of Hidden Harbor Capital Partners, announced an investment in Charcool Heating & Cooling, a local HVAC provider serving residential and light commercial customers in the Milledgeville, Georgia area. The transaction is an add-on to ACS’s platform to strengthen its footprint near its Milledgeville location and expand service capabilities for existing customers.

Air Conditioning Specialist (ACS) Acquires AAA-1 Heating & Cooling and Jake's Heating & Cooling

December 19, 2024

HVAC & Mechanical

Air Conditioning Specialist, Inc. (ACS), a portfolio company of Hidden Harbor Capital Partners, acquired AAA-1 Heating & Cooling, LLC (Kingsport, TN) and Jake's Heating & Cooling of North Myrtle Beach, LLC (Little River, SC). The transactions expand ACS’s HVAC and plumbing footprint in Tennessee and South Carolina as add-on acquisitions to its existing platform in the Southeast.

Air Conditioning Specialist (ACS) Acquires Total Comfort Cooling & Heating

September 27, 2023

HVAC & Mechanical

Air Conditioning Specialist, Inc. (ACS), a portfolio company of Hidden Harbor Capital Partners, has acquired Total Comfort Cooling & Heating, a Macon, Georgia-based provider of residential and light commercial HVAC services. The acquisition is an add-on to ACS's platform to expand its footprint in the Southeast U.S.

Point 41 Capital Partners Recapitalizes Interstate AC Service, Acquiring Kimbro Mechanical and Open Source Controls

May 9, 2024

HVAC & Mechanical

Point 41 Capital Partners partnered with the founders and management of Interstate AC Service to recapitalize the company and support growth, concurrently acquiring Kimbro Mechanical and Open Source Controls to build a multi-discipline commercial services platform. Monroe Capital arranged senior debt to finance the transaction, which will support organic and inorganic expansion across HVAC, plumbing and building automation end markets.