Vuelo Investments acquires Northern Colorado Air Inc.

FORT COLLINS — A Northern Colorado investment group has acquired Northern Colorado Air Inc., a heating and air conditioning services company in Fort Collins. 

NCA will continue to operate as usual under the ownership of Vuelo Investments, according to a news release.

Roy Griffin and Joyce Griffin founded the residential, industrial and commercial air service company in 1992. 

“I know the long-term well-being of the employees was their primary consideration as they pursued a sale of the business,” NCA General ManagerJeff Richard said in the release. The Griffins “spent years growing this business and we all couldn’t be more thrilled to find a local buyer in Vuelo Investments. Vuelo has long demonstrated an unwavering commitment to employees as well as the community, and there is confirmation that the company and employees are in great hands.”

Vuelo, a collaboration between Waypoint Real Estate and Poudre Bay Capital, claims to help businesses scale and drive growth. The firm focuses on real estate acquisitions and partnering with service-based businesses in Colorado and Wyoming. 

Josh Guernsey, managing partner of Vuelo, said in the release: “Northern Colorado Air is built on such a solid foundation, earning a reputation for doing things the right way. We couldn’t be more excited to carry forward the legacy that Roy and Joyce Griffin have crafted. With a talented team at NCA, their business is a perfect complement to Vuelo’s growing family of companies.”

Terms of the deal were not disclosed.

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