Scroll Top

NEWS

ACS, A PORTFOLIO COMPANY OF HIDDEN HARBOR CAPITAL PARTNERS, MAKES INVESTMENT IN HOWELL CHASE HEATING & AIR CONDITIONING

Covington, Georgia, January 9, 2024 – Air Conditioning Specialist, Inc., (“ACS”), a Hidden Harbor Capital Partners portfolio company that provides Heating, Ventilation, & Air Conditioning (“HVAC”) and Plumbing installation and services, today announced its acquisition of Howell Chase Heating & Air Conditioning (“Howell Chase”).

Headquartered in Bluffton, S.C. Howell Chase is one of the most well-respected providers of HVAC services, serving residential and light commercial customers in the Hilton-Head, S.C. and Savannah, G.A. with a reputation of providing high-quality service to their customers.

“We are very excited to be partnering with Howell Chase. This partnership further expands our growing footprint in South Carolina, and we look forward to continuing the high-level service and customer satisfaction that Howell Chase has provided,” said Pat Hayes, President of ACS.

“Finding a partner that shares our core values was critical. Meeting Pat and the ACS team has made me very excited about the tremendous opportunities to come as Howell Chase continues to serve the Hilton-Head and broader Southeast Market,” said Tim Wilhite of Howell Chase.

Kilpatrick Townsend & Stockton served as legal advisor to HHCP. Capital Southwest and funds managed by First Eagle Alternative Credit provided financing for the transaction.

About Air Conditioning Specialist, Inc.

Air Conditioning Specialist, Inc. is a Heating, Ventilation, & Air Conditioning (“HVAC”) and Plumbing company focused on the residential and commercial sectors in the southeast United States. ACS customers have the advantage of dealing with highly trained and specialized staff that provide complete HVAC and plumbing sales, engineering, installation, and service. Founded over 50 years ago, we provide 100% satisfaction guarantee and offer emergency services, same-day appointments, two-hour response times, and dedicated call center. For more information, visit https://www.theairconditioningspecialist.com/

About Hidden Harbor Capital Partners

Hidden Harbor Capital Partners is a private equity firm which helps create business success stories by building teams focused on execution. We believe that great companies are built on a strong group of people as their foundation, and that businesses succeed when they are intensely focused on executing a small set of well-defined objectives. Hidden Harbor currently manages over $800 million of equity capital and is investing out of its second fund, a $450 million vehicle. To learn more, visit www.hh-cp.com and our page on LinkedIn.

Media Contact

Julia Bennett: (904) 534-4468 / jbennett@hh-cp.com