United Air Temp has completed the recapitalization of Bullseye Home Services to enhance its plumbing services in Florida, reflecting a strategic move to strengthen its market presence.

Information on the Target

United Air Temp, Air Conditioning and Heating (UAT), a portfolio company of Summit Park, has successfully completed a recapitalization of Bullseye Home Services (Bullseye), a prominent provider of residential plumbing, heating, ventilation, and air conditioning (HVAC) services. The investment involves collaboration with Bullseye’s owner, Allen Crick, and his wife, Melissa, who currently serves as President of Bullseye and will maintain her role in the organization moving forward. The existing management team will also continue in their respective positions.

Based in Osprey, Florida, Bullseye offers a comprehensive range of plumbing and air conditioning services to residential customers across Southwest Florida. These services include pipe re-lining, jetting and milling, drain cleaning, water treatment, as well as maintenance and replacement of air conditioning systems and duct repair.

Industry Overview in the Target’s Specific Country

The HVAC industry in the United States, particularly in Florida, has experienced substantial growth in recent years, driven by rising demand for energy-efficient solutions and increased awareness of