Redwood Services

March 03, 2023

Redwood Services (“Redwood”), a dwelling services agency targeted on investing in primary residential HVAC, plumbing and electrical products and services providers in increasing U.S. markets, right now introduced it has invested in Ideal Care Residence Companies (“Best Care”).

Greatest Treatment was launched in 2009 by Brian Reed. The small business has virtually 90 complete-time workers serving the metro areas of equally Memphis, TN, and Huntsville, AL, with a shopper base that has grown to more than 40,000 home owners.

“Best Care has promptly recognized a highly effective existence in the Memphis and Huntsville markets, with a strong, knowledgeable workforce that supports the company’s quickly growing client foundation,” claimed Richard Lewis, CEO of Redwood Companies. “Demonstrating an uncompromising commitment to finding prime talent and giving top-quality assistance, Brian and his workforce have demonstrated by themselves to be entirely aligned with the substantial expectations that distinguish all Redwood Associates. We are happy to welcome Most effective Treatment to the Redwood family members and look forward to supporting the company’s continued significant-expansion trajectory.”

Brian Reed will retain a significant minority possession stake as portion of the financial investment. Redwood will offer you operational, strategic and financial aid to boost the company’s development, when the Most effective Treatment staff will continue to run and manage the enterprise underneath the Best Care banner and name.

“From my earliest conversations with the Redwood group, it was obvious that they regarded and appreciated the business values we’ve recognized at Finest Care,” reported Brian Reed, founder and CEO of Most effective Care. “Our drive to support and coach crew users has been a sizeable component in our achievement. With Redwood, we have a Lover that will set our people initially and spend to speed up our expansion as we meet the higher expectations of our colleagues and communities.”

Very best Treatment is Redwood’s ninth system investment, adhering to investments in Kent, OH-based mostly Apollo, Jackson, MS-dependent Atmosphere Masters, Phoenix-based mostly Plumbing Medic, Indianapolis-centered Provider Moreover, Cincinnati-based Arlinghaus, Fresno-centered Allbritten, D.C.-based John C. Flood, and Tucson-based Ceremony Way.

About Redwood Companies
Founded in 2020, Memphis-based Redwood Expert services is building a household of people today-targeted necessary house service corporations, actively investing in the HVAC, plumbing and electrical trades all through the United States. Redwood operates brand names in the Arizona, D.C., Maryland, Virginia, California, Kentucky, Indiana, Mississippi, Ohio, Tennessee and Alabama markets as it carries on to construct out a countrywide house services system.

For much more details, visit RedwoodServices.com.

November 28, 2022

Redwood Solutions (“Redwood”), a home solutions firm focused on investing in top household HVAC, plumbing and electrical services organizations in rising U.S. markets, now announced it has invested in Apollo Heating, Cooling and Plumbing (“Apollo”).

Apollo was launched in 2004 to serve homeowners in Northeast Ohio. The organization has much more than 60 workforce and 4,500 lively consumers. Apollo supplies heating and cooling, as perfectly as plumbing, sewer and drain providers to residents across Greater Akron.

“Apollo has shown robust earnings development and they are just having started out,” reported Richard Lewis, CEO of Redwood Services. “Throughout the Redwood household, we have noticed Partners’ accomplishment crafted on persistently providing superior-quality, wholistic answers to the citizens in their communities. Nick and his staff personify that determination, which offers us great self-assurance that they are a fit for the Redwood family and we are a fit for them.”

As element of the expense, Nicholas Leisinger will retain a considerable minority possession stake. The Apollo group will continue to function and manage the small business under the Apollo banner and name, while Redwood provides operational, strategic and financial help to enrich the company’s development.

“At Apollo, we truly feel partnering with Redwood will only develop our growth and people today-centric method to small business. They have already started helping us in operational places throughout the enterprise as nicely as connecting us with other Companions within the Redwood household,” stated Nicholas Leisinger, President of Apollo. “In a subject that is continually innovating with technologies to boost services offerings, Redwood’s deep experience and network can join us to sellers who have the very best products and solutions to evolve and grow our enterprise.”

Apollo is Redwood’s eighth platform financial commitment, following investments in Mississippi-primarily based Setting Masters, Arizona-based mostly Plumbing Medic, Indianapolis-primarily based Services Plus, Cincinnati-dependent Arlinghaus, Fresno-dependent Allbritten, D.C.-based John C. Flood, and Tucson-based Ceremony Way.

About Redwood Solutions

Founded in 2020, Memphis-based Redwood Providers is developing a family of persons-centered crucial household support corporations, actively investing in the HVAC, plumbing and electrical trades all through the United States. Redwood operates brands in the Arizona, D.C., Maryland, Virginia, California, Kentucky, Indiana, Mississippi and Ohio markets as it continues to develop out a countrywide home companies system. For more data, take a look at RedwoodServices.com.