Private equity firm buys area HVAC business

St. Petersburg-based Air Quality Control changes hands after nearly 40 years in business.

By Business Observer Staff
| 2:14 p.m. September 18, 2019
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Emery Ellinger is the CEO of Aberdeen Advisors, the M&A firm that negotiated the sale of Air Quality Control. Courtesy photo.

Tampa Bay-Lakeland

ST. PETERSBURG — Aria Capital Investments Inc., based in Lutz, is the new owner of Air Quality Control, continuing a trend of private equity firms investing in HVAC companies.

Based in St. Petersburg, Air Quality Control was founded nearly 40 years ago by Joe Renda and his late brother, Larry Renda. The company is a Carrier Factory Authorized dealer and a TECO People’s Gas contractor, according to a press release about the deal, which was negotiated by St. Pete-based Aberdeen Advisors.