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Genesis Park Invests In Conditioned Air Company

Dec 18, 2023over 1 year ago
NaplesConsumer Services

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.

Company Information

Company

Conditioned Air Company, LLC

Location

Naples, Florida, United States

About

At Conditioned Air, we've been serving Southwest Florida since 1962. Our goal is to keep your home or business comfortable year-round. Whether you’re looking for routine air conditioning service & repair for your home, installation of a new air conditioning system in a large commercial property, or anything in between, our team is eager to help. We provide HVAC service in Bradenton, Fort Myers, Naples, Sarasota, Cape Coral, and the surrounding areas.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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