AIR Control Concepts

AIR Control Concepts (AIR) is a prominent global platform specializing in HVAC, electrical, and controls companies. The firm partners with and supports leading commercial HVAC solutions providers, connecting local expertise with the extensive resources and disciplined approach of a larger organization. They focus on enabling their operating companies to deliver unparalleled service, safety, and solutions to local partners across North America, with plans for expansion into Europe, the Middle East, and Africa. AIR provides ongoing investments and a wide array of shared resources, including safety protocols, HR support, finance and accounting, technical training, information technology, network security, and marketing strategies, all aimed at enhancing local operations.

Originally known as Hobbs & Associates, the company was founded in 1984. It has grown significantly through strategic partnerships and acquisitions, evolving into a major player in the commercial HVAC industry. In July 2024, funds managed by Blackstone's private equity strategy made an equity investment in AIR, joining existing investors Madison Dearborn Partners (MDP) and AIR's management team. By January 2026, Blackstone acquired MDP's remaining equity stake, becoming AIR's sole institutional investor and deepening its partnership with the management team to support continued growth.

AIR Control Concepts has a robust portfolio of operating companies, including Advanced Thermal Solutions, Airetech Corp, Bay Associates Group, Inc., C.G. Wood Company, Engineered Building Systems (EBS), Energy Transfer Solutions (ETS), Etairos HVAC, Faulkner Haynes, Hobbs & Associates, Insight Partners, Jobe Industrial, Klima New Jersey, Klima New York, and The Kirkman Oliver Company (TKO). Recent acquisitions include Technical Air Systems, Inc. (January 2026), Building Controls & Services (March 2026), and Fluid Equipment Solutions of New England (September 2025). The firm's leadership, including Founder, President, and CEO Brad Hobbs, emphasizes preserving the independent cultures and core values of its partner businesses while fostering collaboration and long-term growth.

The firm's team comprises experienced professionals across engineering, service, controls, and operations, bringing technical depth and a shared commitment to excellence. They are dedicated to building smarter, more efficient spaces, reducing energy use, improving reliability, and driving long-term value for clients. Their expertise spans commercial and industrial environments, including educational institutions, healthcare facilities, military structures, multi-family housing, and data centers, where they deliver scalable cooling solutions and advanced building controls.