SkyKnight Capital Invests in NearU Services

Freeman Spogli Partners with NearU Services in Recapitalization

August 17, 2022

HVAC & Mechanical

Freeman Spogli & Co. has partnered with NearU Services, a Charlotte-based home services platform, in a recapitalization to support NearU's next phase of growth. NearU's founder Ashish Achlerkar and existing investor SkyKnight Capital will remain significant shareholders as the company pursues geographic expansion, strategic acquisitions, and investments in team, training, and technology.

SkyKnight Capital Provides Growth Investment in Force Electrical Services

October 22, 2025

Energy

SkyKnight Capital has made a growth investment in Force Electrical Services, a transmission and distribution repair and maintenance provider headquartered in Oklahoma, to support the company's expansion of services and capabilities. The founder will remain a significant shareholder and the existing management team will continue to lead as Force scales its footprint across the South-Central United States.

NearU Services Acquires Premium Home Services

November 18, 2021

HVAC & Mechanical

NearU Services, a founder-led home services platform based in Charlotte, acquired Premium Home Services, a Warrenton, Virginia-based HVAC, plumbing, and electrical contractor, to expand its service footprint into Virginia. Premium will continue operating under its local brand with Tom Noland remaining in management while NearU applies its operations, technology, and training resources to grow the business.

NearU Services Acquires Happy Home Services

April 22, 2021

HVAC & Mechanical

NearU Services, a founder-led home services platform based in Charlotte, acquired Happy Home Services, a long-standing HVAC, plumbing, and electrical services provider in Durham, North Carolina. Happy Home will continue operating under its local brand and existing management, while NearU plans to bolster customer service capabilities and expand its plumbing offerings in the Triangle market.

NearU Services Acquires Action Air Conditioning, Heating and Solar

November 24, 2021

HVAC & Mechanical

NearU Services, a founder-led home services platform based in Charlotte, North Carolina, has acquired Action Air Conditioning, Heating and Solar, a long-standing HVAC and solar services provider headquartered in San Marcos, California. The acquisition expands NearU's footprint to the West Coast while Action A/C will continue operating under its existing local brand and management team.

SkyKnight Capital Makes Growth Investment in New Republic Partners

January 20, 2022

Wealth Management

SkyKnight Capital made an initial growth investment in New Republic Partners, a Charlotte-based wealth management and investment advisory firm launched in 2021. The minority investment (closed end of 2021) will help New Republic Partners scale its team, expand market coverage, and broaden access to alternative investment and lending solutions as the firm manages over $1.5 billion in client assets.