Aberdeen Advisors represented the family-owned mainstay in the sale to Aria Capital Investments, Inc.
St. Petersburg, Fla. (Sept. 16, 2019) – Almost 40 years after starting Air Quality Control, co-founder Joe Renda has sold the company he and his late brother Larry built into one of the Tampa Bay area’s leading HVAC specialists. Aria Investments is the new owner of the business, which, which is one of the area’s select Carrier Factory Authorized dealers.
“I feel very good handing off Air Quality Control to this new ownership team, and I’m confident the company will continue to offer the highest level of expertise and customer service,” Renda said.
Aberdeen Advisors, a leading St. Petersburg-based mergers and acquisitions firm, represented Air Quality Control in the deal.
Air Quality Control is known for outstanding service for air conditioning, water heaters and generators. As a TECO People’s Gas contractor, the company has installed more than a thousand tankless water heaters as well as home generators and piping for ranges, pool heaters and other natural gas products.
The company has distinguished itself by never using subcontractors for projects in new and existing homes. Each installation and service technician is an Air Quality Control employee, which means they have a proven record of expertise and responsible, courteous customer service.
“We are proud to have worked with Joe and his team at Air Quality Control, a solid company with a stellar reputation among its thousands of repeat customers,” said Emery Ellinger, Aberdeen Advisors CEO. “We are pleased they trusted us with the company into which so many poured their blood, sweat and tears.”
Brothers Rick Vassallo and Victor Pagano of Aria Capital Investments plan to build on the stellar relationships that Air Quality Control has maintained with its customers.
“As a full-service mechanical company, we plan to grow in all facets of the business while maintaining the exceptional quality that our customers have come to expect,” said Rick Vassallo. Commitment to the community will continue under this new management team as they expand the family that is Air Quality Control.
About Aberdeen Advisors: Aberdeen Advisors is a St. Petersburg-based mergers and acquisition firm that helps business owners sell their companies. It leverages extensive knowledge and experience to match buyers and sellers of businesses that range in annual revenues from $10 million to $100 million. Aberdeen’s areas of expertise include manufacturing, medical, distribution, healthcare, technology, and service industries.
The Company was founded in 2008 by Emery Ellinger, after he sold his marketing firm that he built from the ground up into a company with $7 million in annual revenues. Each member of the Aberdeen Advisors team has personally owned and managed a business. More information is available at AberdeenAdvisors.com.