Astara Capital Partners Invests in Del-Air Heating and Air Conditioning
November 8, 2022
Astara Capital Partners completed an investment in Del-Air Heating and Air Conditioning, partnering with the company's employee owners (an ESOP). The investment makes Del-Air debt free, positions it for operational and strategic growth across its Florida footprint, and led to the appointment of Rick Rogers as CEO and Faizzy Saghir as COO; terms were not disclosed.
- Buyers
- Astara Capital Partners, LLC
- Targets
- Del-Air Heating and Air Conditioning
- Sellers
- Employee owners (ESOP)
- Industry
- HVAC & Mechanical
- Location
- Florida, United States
- Transaction Type
- Buyout
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