Dubin Clark Acquires Astar Heating & Air; Midwest Mezzanine Provides Subordinated Financing

Dubin Clark-backed Astar Heating & Air Acquires Sila Heating & Air Conditioning and Jones Services; Rebrands to Sila Heating & Air

September 2, 2020

HVAC & Mechanical

Dubin Clark & Company’s HVAC platform Astar Heating & Air completed acquisitions of Sila Heating & Air Conditioning (King of Prussia, PA) and Jones Services (Goshen, NY) and will rebrand the combined platform to Sila Heating & Air. The deals expand the platform’s footprint across the Northeast and mid‑Atlantic and add HVAC, plumbing, water treatment and electrical services to the platform's residential service offering.

Astar Heating & Air Acquires Residential Assets of Petcosky & Sons

April 15, 2020

HVAC & Mechanical

Astar Heating & Air, a Dubin Clark portfolio company, has acquired the residential HVAC, plumbing and related assets of Petcosky & Sons Plumbing, Heating & A/C, Inc., carving out the residential business while the Petcosky family retains the commercial operations. The deal expands Astar's residential footprint in Broome County and surrounding areas of New York, furthering its strategy as a regional consolidator of home services businesses.

Dubin Clark Acquires Affordable Water Heaters and Plumbing (AWHAP)

July 17, 2020

Plumbing

Dubin Clark & Company has acquired Affordable Water Heaters and Plumbing, Inc. (AWHAP), a Valencia, California–based in-home water heater replacement, repair and plumbing services provider. Midwest Mezzanine Funds and Reinsurance Group of America provided subordinated debt and equity to support the transaction; Dubin Clark said it will partner with AWHAP management to scale operations and pursue add-on acquisitions.

Morgan Stanley Capital Partners Acquires Sila Heating & Air

May 26, 2021

HVAC & Mechanical

Funds affiliated with Morgan Stanley Capital Partners completed an acquisition of Sila Heating & Air Conditioning from Dubin Clark, acquiring the Northeast/Mid-Atlantic residential HVAC, plumbing and electrical services platform headquartered in King of Prussia, Pennsylvania. Morgan Stanley Capital Partners will partner with Sila's management to continue organic growth and pursue further add-on acquisitions across the region.

Daystar Products Acquires Tuff Country with Support from Dubin Clark and Midwest Mezzanine

April 3, 2019

Automotive

Daystar Products, a Phoenix-based automotive aftermarket parts manufacturer backed by private equity sponsor Dubin Clark, has acquired Tuff Country, an off-road suspension and accessories maker. Midwest Mezzanine provided subordinated debt and equity to support Dubin Clark and Daystar in the add-on acquisition, and Daystar said it is actively seeking further add-on investments in the automotive aftermarket sector.

PremiStar Acquires HVAC Services Division of Dahme Mechanical

March 4, 2025

Industrial Services

PremiStar has acquired the HVAC services division of Dahme Mechanical Industries, Inc., based in Countryside, Illinois. The deal moves the division's employees and commercial HVAC customers into PremiStar’s Frankfort, IL operations and expands PremiStar’s service capabilities in northern Illinois and northwest Indiana.