Aquila Investment Group
Sarasota, FL · Formed 2014 · CEO Rebecca Cassel
How it operates
Investor group formed by Rebecca Cassel, a former Direct Energy/Clockwork Home Services executive, together with her husband Lon Cassel and a group of SGI member-contractors and employees, to buy Success Group International out of Direct Energy in 2014. The stated thesis was returning the member organization to independent, member-and-employee-aligned ownership rather than corporate-utility ownership. Sarasota headquarters and existing staff were retained.
Tampa Bay brands (1)
Deal history in the region
Capital events
Recapitalizations, sponsor changes, debt raises, bankruptcies and exits at the platform level. These set the clock that local brands live on.
- new sponsor — Acquired Success Group International (including AirTime 500) from Direct Energy; terms not disclosed. [source]
People
- Rebecca Cassel — platform ceo. Former Direct Energy and Clockwork Home Services executive who, with her husband Lon Cassel and a group of member-contractor and employee investors, formed Aquila Investment Group to buy Success Group International out of Direct Energy in April 2014 and keep it headquartered in Sarasota.
Frequently asked
Who owns Aquila Investment Group?
We have not confirmed an outside investor behind Aquila Investment Group; see sources.
Which Tampa Bay companies does Aquila Investment Group own?
Does Aquila Investment Group keep the local brand names?
1 of 1 Tampa Bay brands we track still operate under their original names.
Is Aquila Investment Group private equity?
We classify Aquila Investment Group as family office.
Sources Reported — credible press
- Contractor Magazine (2014-04-25) — trade press. Identifies Aquila Investment Group as Rebecca Cassel's vehicle.
- ACHR News (2014-05-19) — trade press. Describes the buyer group as executive and member investors.
Researcher notes: Formation year inferred from the transaction date; no source read here states an incorporation date. Website unknown.
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