DENVER, July 15,
2024 /PRNewswire/ -- Bow River Capital, a
Denver-based alternative asset
manager, is pleased to announce its strategic partnership with
Arctic Air Holdings, LLC ("Arctic"), a leading HVAC and plumbing
business based in Sarasota,
Florida serving residential homebuilders and homeowners in
the area. The transaction, which closed on April 1, 2024, marks a significant milestone in
the journey of Arctic, founded and led by Scott Whitaker. Scott will remain the largest
individual shareholder in Arctic and the entire management team
will continue with the business through this next stage of
growth.
Arctic has established itself as a premier provider of HVAC and
plumbing services, known for its commitment to quality, customer
satisfaction, and innovative solutions. By partnering with Bow
River Capital, Arctic is poised to accelerate its growth, expand
its service offerings, and enhance its operational capabilities to
better serve customers in Sarasota
and beyond.
Scott Whitaker, Founder and CEO
of Arctic, expressed his enthusiasm for the partnership, stating,
"We are excited to join forces with Bow River Capital. Their
expertise and resources will be invaluable as we continue to expand
our business and deliver top-notch HVAC and plumbing services to
our clients. This partnership will allow us to take Arctic to new
heights while maintaining our unwavering commitment to quality and
customer satisfaction."
"We are thrilled to partner with Arctic and support their next
phase of growth," said Gaurav
Sharma, Managing Director at Bow River Capital. "Scott and
his team have built a remarkable business with a strong reputation
for excellence. Our investment will enable Arctic to capitalize on
new opportunities and further solidify its position as a market
leader in the HVAC and plumbing industry. Importantly, the entire
management team will remain in place, ensuring continuity and a
seamless transition as we work together to achieve our shared
vision."
About Arctic Air:
Arctic Air Holdings, LLC is a Sarasota-based HVAC and plumbing company
dedicated to providing exceptional service and innovative solutions
to residential homeowners and builders. Founded by Scott Whitaker, Arctic Air has built a
reputation for excellence, reliability, and customer satisfaction.
For more information, please visit www.arcticair4me.com.
About Bow River Capital:
Bow River Capital is a private alternative asset manager based
in Denver, Colorado, focused on
investing in the lower and middle market in five asset classes:
defense technology, private credit, private equity, real estate,
and software growth equity. Through its subsidiary Bow River
Advisers, LLC, Bow River Capital also offers a registered mutual
fund – Bow River Capital Evergreen Fund (EVERX) – designed to
provide institutional-quality private market access to a broader
set of investors. Collectively, the Bow River Capital team has
deployed capital into diverse industries, asset classes and across
the capital structure.
Bow River Capital Evergreen Fund is distributed by Foreside
Financial Services, LLC, which is not affiliated with Bow River
Capital or its affiliates.
For more information on Bow River Capital, please visit
www.BowRiverCapital.com .
Contact:
Jenna Schlageter
Phone: (720) 910-4014
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SOURCE Bow River Capital