Investors
Cambridge Savings BankGemini InvestorsGp Capital Partners, LpGenesis Park
Description
Genesis Park, through its investment fund, GP Capital Partners, LP, is pleased to announce its recent investment in Conditioned Air Company ("Conditioned Air" or the "Company") to support Conditioned Air's addition of A/C Designs of St Augustine ("A/C Designs") to its platform. The companies' combined operations cover some of the fastest growing areas of Florida, with the combined enterprise representing one of the largest organizations focused on residential HVAC service in Florida. Genesis Park provided a debt and equity investment alongside Gemini Investors and Cambridge Savings Bank, company management, and other investors to support the transaction.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers