Conditioned Air Company (Gemini Investors) Acquires A/C Designs (St. Augustine)

December 18, 2023

Conditioned Air Company, a Naples-based residential HVAC platform backed by Gemini Investors, acquired A/C Designs of St. Augustine to expand its footprint into Northeast Florida. The transaction was supported by a debt and equity investment from Genesis Park and a lending package from Cambridge Savings Bank; West 4th Capital advised A/C Designs.

Buyers
Conditioned Air Company, Gemini Investors, Genesis Park
Targets
A/C Designs
Sellers
Ed Tennant, Corey Tennant
Platforms
Conditioned Air Company
Location
Florida, United States
Transaction Type
Addon

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