PCE Investment Bankers, a leading financial services firm specializing in mid-market companies, is pleased to announce the sale of Simpson Air ("Simpson Air") to Del-Air Plumbing, Air Conditioning and Electric ("Del-Air"), a premier provider of indoor comfort solutions since 1983. PCE acted as the exclusive advisor to Simpson Air, a trusted brand in the Tampa area, offering air conditioning and heating services across Florida’s Sun Coast for more than 23 years.
This transaction marks a significant expansion for Del-Air. The partnership will allow Simpson Air’s builders and customers to benefit from Del-Air’s extensive range of home services, including air purification and filtration, air conditioning, heating, and comprehensive household ventilation and ductwork services.
Rick Rogers, CEO of Del-Air, commented, "The collaboration between Del-Air and Simpson Air is not just about expanding services; it's about enhancing the construction and home service experience for residents and businesses in Hillsborough, Pinellas, Pasco, Hernando, Manatee, and Sarasota counties. We are forging a future where our combined Simpson Air clients have seamless access to comprehensive home start-up, warranty, air quality, and ongoing maintenance solutions."
Founded in 1999, Simpson Air rapidly became the air conditioning and heating contractor of choice for Florida homebuilders, local homeowners, and remote landlords. Paige Simpson, representing Simpson Air, stated, "Our new alliance with Del-Air signifies an evolution in our commitment to customers and employees. It's a perfect partnership of shared values, augmenting our capabilities for all our homebuilders and homeowners while upholding our strong dedication to total customer satisfaction. We are immensely grateful for the expertise and guidance provided by PCE throughout this process. Their team's deep understanding of our industry, coupled with their strategic insights and meticulous attention to detail, were instrumental in navigating the complexities of this transaction. Their professionalism and dedication were evident in every step, making them not just advisors but invaluable partners.”
Michael Poole of PCE remarked on the transaction, "Working with Simpson Air throughout this acquisition process has been an extraordinary journey. Our objective was to find a partner that not only matched Simpson Air's commitment to excellence but also could enhance their service offerings. The synergy between Simpson Air and Del-Air exemplifies the success of this partnership, and we eagerly anticipate the impact of this collaboration on the home services landscape in Florida."
About Simpson Air: A leading air conditioning and heating service provider based in Tampa, FL, Simpson Air serves homebuilders, homeowners, and businesses across Hillsborough, Pinellas, Pasco, Hernando, Manatee, and Sarasota counties.
About Del-Air: Established in 1983, Del-Air has been providing Florida residents, businesses, and homebuilders with top-quality air conditioning, heating, plumbing, and electrical products and services. Del-Air’s warranty programs, including the flagship Precise Comfort Plan, offer regular professional maintenance for all household plumbing, air conditioning, and electrical systems.