NorthCurrent Partners Completes Acquisition of Belle Air
NEW YORK, July 22, 2021 /PRNewswire/ — NorthCurrent Partners (“NorthCurrent”) is pleased to announce the acquisition of Belle Air, a leading HVAC service provider in Florida. Belle Air is NorthCurrent’s second platform for residential services.
Founded in 2010 by Luis en Maritza BurbanoBelle Air takes a customer-centric approach and has shown strong organic growth throughout its history. NorthCurrent worked with one of its industry executives, Jason Wall, to evaluate several HVAC companies in the Southeast before selecting Belle Air for the strong cultural fit and meaningful growth opportunities ahead for the company. Jason Wall will serve as president of Belle Air to help drive the company’s continued expansion and success.
Jason Wall, NorthCurrent operating partner and now president of Belle Air, said: “We are delighted to be working with Luis and Maritza, and the talented and loyal team they have built over the years. Our goal is to accelerate the growth of Belle Air are committed to maintaining Belle Air’s strong team culture, which has been a key ingredient to Belle Air’s success under Luis and Maritza.”
NorthCurrent managing partners Buck Marshall and Alex Brown will join Belle Air’s board of directors as they seek additional acquisition opportunities in the residential services and HVAC space.
Luis Burbano, founder of Belle Air, said: “We are delighted to partner with NorthCurrent. Their approach throughout the sales process helped them set themselves apart. They are the right partners to take our business to the next level, while remaining loyal and committed continue to our employees and our customers. They worked quickly and were true to their word. I look forward to seeing Belle Air’s continued growth in the years to come under their leadership.”
About Belle Air
Belle Air is headquartered in Orlando, Florida and sells, installs, and services residential HVAC systems and other products. The company was founded in 2010 by Luis and Maritza Burbano. Belle Air takes a customer-centric approach and has shown strong growth in its company history.
About NorthCurrent Partners
NorthCurrent Partners, based in New York City, is a private investment firm committed to partnering with and growing companies in the United States. Backed by family office capital, NorthCurrent provides security and flexibility in structuring transactions and investment partnerships. NorthCurrent focuses on business services, consumer services and niche manufacturing. More information about NorthCurrent can be found at: www.northcurrentpartners.com.
SOURCE Northern current partners