Redwood Services

Verified

Platform

Memphis, TN, US Founded 2020

HvacPlumbingElectrical

Minority-recap model (founders retain meaningful equity); 19+ partner companies. Altas Partners majority (May 2025); Union Main Group founding minority.

Ownership

Redwood Services backed by Altas Partners Verified
Redwood Services backed by Union Main Group Verified
Rite Way Heating, Cooling & Plumbing rolled up into Redwood Services Verified
Sierra Platform rolled up into Redwood Services Verified
John C. Flood rolled up into Redwood Services
Allbritten rolled up into Redwood Services
Arlinghaus Plumbing, Heating and Air Conditioning rolled up into Redwood Services
Service Plus Heating, Cooling & Plumbing rolled up into Redwood Services
Environment Masters rolled up into Redwood Services
Best Care Home Services rolled up into Redwood Services
Keefe's A/C, Heating & Electrical rolled up into Redwood Services
Parks Heating Cooling Plumbing & Electrical rolled up into Redwood Services
Dean's Home Services rolled up into Redwood Services
Cardinal Heating, Cooling, Plumbing & Electric rolled up into Redwood Services

Deals

Add-on acquisition May 2026

Redwood Services acquires the Sierra Platform from S|E|Capital

Redwood Services → Sierra Platform

$220M reported

Recapitalization May 2025

Verified

Altas Partners majority investment in Redwood Services

Altas Partners → Redwood Services

$1.1B reported

Related news

Kirkland Advises Altas Partners on Investment in Redwood ServicesVerified
kirkland.com· May 8, 2025
Kirkland & Ellis advised Altas Partners on a significant equity investment in Redwood Services, a national platform in the essential home services sector. The transaction was announced May 8, 2025 and is expected to close in the second quarter of 2025 pending regulatory approvals. The deal expands Redwood's investor group alongside founding backer Union Main Group. Terms were not disclosed.