Chad Barton, an operator with Astara Capital Partners and chairman of the Del-Air Board of Directors, said, "The Astara team is thrilled to add Del-Air to our portfolio. With a few key additions to management, we have assembled a leadership team that has a proven track record of growing both HVAC residential new construction and HVAC home services businesses. Together we will build upon Del-Air's position as the premiere HVAC platform in the Florida market." 

Del-Air has deepened its management team by adding new positions and recruiting experienced leaders from the industry who have over 100 combined years of trades experience. These individuals include Rick Rogers (CEO), Faizzy Saghir (COO), Nicole Lemieux (CHRO), and Greg Faris (VP Residential New Construction Business Development). 

"We are excited to join and lead a company with such a great legacy. Del-Air has exceptional brand awareness, employee tenure, customer focus and growth potential," said Rogers. "As a result of Astara's investment, Del-Air will be debt free and have the liquidity to invest in its people, fleet, and systems. Importantly, we will invest in and substantially grow both the new construction and the home services divisions of the company."

"Our leadership team's focus on employee training and development will position Del-Air to continue to be the employer of choice," said Faizzy Saghir, COO of Del-Air Heating and Air Conditioning. "Our deep history of success in the residential HVAC industry, combined with investments in systems and capabilities to serve our customers, will allow us to provide a best-in-class experience to our customers."

"It's refreshing to see Del-Air's impressive employee tenure and engagement. Our goal is to build on this great foundation," Lemieux added.

"We will add resources to expand our ability to serve our builder customers and pave the way for Del-Air to capture an even larger share of the Florida HVAC residential new construction market," said Faris.

Details of the transaction were not disclosed.