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Star Group, L.P. delivers home comfort solutions, primarily through retail distribution of heating oil and propane. The company also provides comprehensive HVAC equipment installation, maintenance, and repair services for residential and commercial customers. This operational model emphasizes reliable delivery and expert service across its expansive regional network.
Established in October 1995, Star Group was founded by Irik Sevin and a team of energy executives. Their core insight focused on consolidating the fragmented home energy distribution market. This strategic approach facilitated the systematic integration of various regional operations, ensuring consistent growth and broad market presence.
The company serves a substantial customer base, including homeowners and businesses across the Northeast, Mid-Atlantic, and parts of the Midwest. Star Group’s vision is to sustain its position as a trusted provider of integrated energy and home services, continually meeting the evolving comfort requirements of its diverse clientele.
Star Group has 1 tracked investment across 1 company. The latest tracked deal is $178.0M Pre-Series C in Ucommune in August 2017.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 7, 2017 | Ucommune | $178.0M Pre-Series C | Beijing Aikang Group, Beijing Capital Land, Prosperity Holdings, Star Group | Noah Holdings, Sequoia Capital, Sinovation Ventures, ZhenFund |
