Summit Park has led the recapitalization of United Air Temp, a prominent HVAC service provider, to enhance growth opportunities and expansion in the competitive home services sector.

Information on the Target

United Air Temp, Air Conditioning and Heating LLC (UAT) is a prominent provider of residential HVAC (heating, ventilation, and air conditioning) services, headquartered in Lorton, Virginia. With a strong operational presence in Washington D.C. and the adjacent areas of Northern Virginia and Maryland, UAT also extends its services to regions such as North Carolina, Georgia, and Florida. The company has cultivated a loyal customer base, attributed to its exceptional service quality, rapid responsiveness, and the expertise of its skilled technicians.

Gabe Ivanescu, the former majority owner of UAT, expressed confidence in the company's commitment to delivering top-notch service and creating an exemplary work environment for its employees. He anticipates that the collaboration with new partners will enhance the company's legacy of excellence.

Industry Overview

The HVAC industry in the U.S. has witnessed significant growth, driven by rising demand for energy-efficient heating and cooling solutions, particularly in residential settings. This increase is influenced by factors such as the ongoi