Acquisitionverified
Leap Partners enters Tampa Bay with Cool Wizard Air Conditioning
What happened. Nashville-based Leap Partners acquired Cool Wizard Air Conditioning Services, a Tampa Bay residential HVAC company founded in 2008 by Pino and Barbara Mastrota. CEO John Cerasuolo said 'the Cool Wizard focus on superior customer service is exactly what we look for in a partner'; Pino Mastrota cited Leap's 'experience, support, and vision for the future.' Cool Wizard kept its name and operational standards, with the Mastrotas continuing to lead. Leap described the deal as its 28th acquisition across eight states in three and a half years. Terms were not disclosed.
Parties
- Company
- Cool Wizard Air Conditioning Services · Tampa, Hillsborough County
- Buyer
- Leap Partners
- Capital
- Concentric Equity Partners
- Price
- Not disclosed
The name on the truckCool Wizard Air Conditioning Services
Tampa, Hillsborough County
Operating ownerLeap Partners
Nashville, TN
Capital behind it
Concentric Equity Partners
Chicago, IL
Other Tampa Bay brands under Leap Partners: Air Hawk Heating & Cooling.
What this kind of deal tends to mean for customers and staff: pricing · sales pressure · technicians · the exit clock.
Sources Verified — primary document
- PR Newswire (2025-07-29) — press release. Primary announcement with founders, brand retention and deal count
- PrivSource (2026-09-09) — other. Deal database entry
See something wrong? Request a correction — we publish our corrections log.
Loading comments…