#USA #HVAC Services #Plantation #Chapter 11 #Air Pros Solutions

Air Pros Solutions Enters Chapter 11 to Facilitate Business Sales

Air Pros Solutions, LLC, a company renowned for its diverse portfolio in heating, ventilation, air conditioning (HVAC), electrical, and plumbing services across the United States, has announced a strategic step to sell all its business units. This decision comes amid significant operational restructuring, as the company filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Northern District of Georgia.

Overview of the Sales Strategy

On March 17, 2025, Air Pros Solutions unveiled that it has entered six asset purchase agreements aimed at selling its operational units as going concerns. By choosing to do so, the firm aims to ensure a seamless transition for its customers and stakeholders during a challenging phase. CEO Andrew Hede emphasized that the strategic review of the company’s alternatives led to this path being deemed the best for all involved, particularly for customers and employees.

Commitment to Customer Service

Importantly, Air Pros Solutions is committed to maintaining uninterrupted service to its existing customers throughout the sales process. Each business unit is set to operate normally as the sales take place, with the company’s primary focus being the continuity of reliable HVAC, electrical, and plumbing services.

This operational assurance is pivotal, given that customer support will remain robust even amidst the ongoing transitions. Air Pros recognizes its responsibility and dedication to its established customer base, ensuring comfort and trust during this fluctuation.

Financing and Bankruptcy Court Proceedings

To facilitate these transactions smoothly, Air Pros has secured a substantial commitment of $20 million in new financing (DIP Financing) to support its ongoing operations. This financial cushion is expected to provide ample liquidity and resources as the company navigates through the bankruptcy proceedings.

The asset sales will proceed in accordance with section 363 of the U.S. Bankruptcy Code, conducted as part of a court-supervised auction process. As stakeholders, potential buyers will be allowed to place bids during this structured sale, which is subject to higher offers and Bankruptcy Court approval.

Potential Impact on Employees and Operations

As part of the bankruptcy filing, Air Pros has also applied for court authorization to continue paying employee wages and benefits, allowing personnel to carry on with normal operations. The company aims to ensure that all employees and vendors are compensated for their contributions post-filing, which reflects its commitment to sustaining workforce morale and operational integrity.

The measures taken by Air Pros indicate the firm’s proactive stance in tackling the challenges posed by the current financial environment while maintaining a focus on clarity and communication with its stakeholders.

Conclusion and Next Steps

As Air Pros Solutions embarks on this crucial phase of transformation, it remains dedicated to its mission of delivering quality HVAC and related services across key U.S. markets. Interested parties seeking more details about the proceedings can visit www.airprosrestructuring.com for updates, while additional details on claims processes can be found at the designated claims agent site from Verita.

In this transitional phase, the support from partners and efficient management of ongoing operations will play a significant role in the future of Air Pros Solutions, setting the stage for improved opportunities post-restructuring.