DALLAS — Airtron Heating & Air Conditioning, a portfolio company of Gamut Capital Management, has named Steve Margolius as CEO and Adnan Mughal as CFO. The company said the new leadership will guide its next phase of growth as Airtron continues to expand its national footprint in residential new-construction HVAC installation and home services.
According to Gamut Partner Michael Hanigan, the appointments come at a pivotal time for the organization following a series of recently completed acquisitions. He said the executives bring experience leading large-scale residential construction and home services platforms, which will support Airtron’s plans to strengthen operations and customer partnerships nationwide.
Margolius said he looks forward to advancing Airtron’s position as a national provider of HVAC installation services for the residential new-construction market. He noted that the company is focused on reinvesting in its operations and pursuing strategic acquisitions under Gamut’s ownership.
Before joining Airtron, Margolius served as CEO of Artisan Design Group and held leadership roles across building products distribution and installation services, including positions at Distribution International, HD Supply, Arrow Electronics, and GE. Mughal most recently served as CFO at Cherry Coatings and previously held the same role at Service Experts Heating & Air Conditioning, along with senior finance positions at BrightView Landscapes, SunEdison, and GE.
Since being acquired by Gamut in September 2024, Airtron has expanded through several acquisitions of regional operators. In 2025, the company added Sierra Air Conditioning in March, Viccarone Heating & Air Conditioning in April, and Sonoran Mechanical Systems in May. Airtron now operates 19 locations across the United States.
Learn more at www.airtron.com.
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