Flow Service Partners Acquires Altman Air Conditioning, Expanding Commercial HVAC Capabilities in South Florida
The Quad-C-backed HVACR and plumbing platform adds a 40-year-old South Florida commercial mechanical contractor to its growing Florida footprint.
LAKE PARK, Fla. and NASHVILLE, Tenn., Aug. 25, 2026. Flow Service Partners, an HVACR and plumbing services platform backed by Quad-C Management, Inc., announced it has acquired Altman Air Conditioning Co., Inc., a commercial HVAC and mechanical services provider serving South Florida. Terms of the transaction were not disclosed.
Founded in 1985, Altman provides air conditioning, mechanical service, equipment replacement, repair and maintenance to commercial customers across South Florida. The company will continue operating under its existing name while gaining access to Flow's capital, technology and operational support. The deal complements the operations of Cortez, Flow's existing Florida platform company.
"Altman is a natural fit for Flow and an important addition to our growing presence in Florida," said Daniel Youman, CEO of Flow Service Partners. "The team has built a strong reputation by providing dependable service and developing lasting customer relationships."
"Altman represents the qualities we value in a partnership: an experienced team, a strong market position and a proven history of serving complex commercial customers," said Jack Walker, Partner at Quad-C.
"For more than 40 years, our employees have worked hard to build Altman into a company our customers can depend on," said Bruce Cropp, President of Altman Air Conditioning. "Flow shares our commitment to our employees, our customers and the quality of service we provide."
Flow Service Partners was formed in 2021 and is headquartered in Nashville, Tennessee. Quad-C Management, a Charlottesville, Virginia-based middle-market private equity firm founded in 1989, announced its investment in Flow in November 2024. Quad-C has invested $5.3 billion across 92 platform companies since its founding.