United Air Temp Recapitalizes Bullseye Home Services
United Air Temp, Air Conditioning and Heating (“UAT”), a portfolio company of Summit Park, is pleased to announce it has completed a recapitalization of Bullseye Home Services (“Bullseye”), a provider of residential plumbing and heating, ventilation and air conditioning (“HVAC”) services. The investment was made in partnership with Bullseye’s owner, Allen Crick and his wife, Melissa. Melissa serves as President of Bullseye and will continue in that capacity going forward. The rest of the management team will also be staying on in their current roles.
Headquartered in Osprey, Florida, Bullseye provides a range of plumbing and air conditioning services to residential customers throughout Southwest Florida, including pipe re-lining services, jetting and milling services, drain cleaning services, water treatment services, air conditioner maintenance and replacement, and duct repair.
UAT, headquartered in Lorton, Virginia, is a leading provider of HVAC maintenance and replacement services to residential homeowners. The company operates in five states throughout the Mid-Atlantic and Southeast, including Virginia, Maryland, North Carolina, Georgia, and Florida, as well as the District of Columbia. Bullseye represents the fifth acquisition as UAT continues its growth in the Mid-Atlantic and Southeast.
Stephen Stites, Vice President at Summit Park, said, “Bullseye is an excellent complement to our existing presence in Florida. We’ve been strategically focused on growing our plumbing capabilities and this acquisition is a meaningful step in that direction. We are excited to partner with Melissa, Allen and the Bullseye team and energized by the prospect of what we can accomplish together.”
Allen Crick said, “As we thought about recapitalizing the company, we had a lot of potential partners from whom to choose. From our first meeting with the UAT and Summit Park team, we felt their collaborative approach set them apart as the ideal partner for us.” Melissa Crick added, “We’ve never been more excited about the future prospects of the company and look forward to working with our new partners to take the business to new heights.”
Mike Giordano, CEO of UAT, added, “We are thrilled to welcome Bullseye to the UAT family of companies and look forward to supporting the business in its continued growth. Bullseye provides the same level of industry leading customer service that we strive for across our company and is a great fit with our existing businesses.”
About United Air Temp, Air Conditioning and Heating
United Air Temp, Air Conditioning and Heating LLC is a leading provider of residential heating, ventilation, and air conditioning (“HVAC”) services. Headquartered in Lorton, Virginia, UAT provides HVAC maintenance and replacement services to residential homeowners. Its primary operations are in Washington D.C, with additional operations in Maryland, Virginia, North Carolina, Georgia, and Florida. UAT has built a large, loyal customer base through its best-in-class service and responsiveness, as well as consistent, high-quality work from its skilled technicians. For more information, visit www.unitedairtemp.com.
Interested in Learning More?Contact Us