LP First Capital & Trive Capital Form Cascade Services and Acquire Four Florida HVAC/Electrical Contractors
December 15, 2022
LP First Capital and Trive Capital partnered with an experienced management team to form Cascade Services, a residential tri-trade platform focused on HVAC, plumbing and electrical contractors. Cascade has completed four Florida acquisitions — Mid-Florida Heating and Air, Aztil Air Conditioning, Extreme Air & Electric, and Air Boca — as part of a platform-build strategy to pursue add-on opportunities across the Southern United States.
- Buyers
- Cascade Services, LP First Capital, Trive Capital
- Targets
- Mid-Florida Heating and Air, Aztil Air Conditioning, Extreme Air & Electric, Air Boca
- Platforms
- Cascade Services
- Industry
- HVAC & Mechanical
- Location
- Florida, United States
- Transaction Type
- Addon
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