Royal House Partners, a holding company of CPS Capital, has acquired Tiffany Air, LLC, doing business as Metro Service Company. Generational Equity advised MSC on the sale.

MSC is a provider of air conditioning and heating contracting with a focus on commercial and residential projects. The firm has operated for over 30 years with strong customer relationships and specializes in HVAC, plumbing and electrical services.

The deal follows CPS’ strategy of partnering with private companies that are looking for liquidity or growth capital. The firm looks to provide business owners with a unique structure that is differentiated from traditional or strategic investors.

“This is an excellent example of building out a footprint of a larger established operator by acquiring a smaller well-established company, serving both long time commercial and residential customers,” commented Fred Phillips, M&A advisor at Generational Equity. “It is a win-win for both parties.”