Union Main Group
VerifiedPe Firm
Founding backer of Redwood Services (2020); retains minority stake after the Altas investment.
Ownership
- Redwood Services backed by Union Main Group Verified
Related news
- Altas Corporation (via Public) / Redwood Services Announces Strategic Investment from Altas PartnersVerifiedebs.publicnow.com· May 8, 2025
Redwood Services, a national platform in the essential home services sector, announced a significant equity investment from Altas Partners. The transaction is expected to close in the second quarter of 2025 pending regulatory approvals and marks the expansion of Redwood's investor group alongside founding backer Union Main Group. Terms were not disclosed.
- markets.financialcontent.com· May 8, 2025
Redwood Services announced a significant equity investment from Altas Partners, expected to close in Q2 2025 pending regulatory approvals. The investment expands Redwood's investor group alongside founding backer Union Main Group. Terms were not disclosed. The article focuses on Redwood and its backers, not on Union Main Group as a separate deal.
- businesswire.com· May 8, 2025
Redwood Services, a national platform in the essential home services sector, announced a significant equity investment from Altas Partners. The transaction is expected to close in the second quarter of 2025 pending regulatory approvals and marks the expansion of Redwood's investor group alongside founding backer Union Main Group. Terms were not disclosed.
- Former Cardinal Group Executives Launch Echelon Energy with Growth Investment from Union Main GroupVerifiedfinance.yahoo.com· Nov 3, 2021
Former Cardinal Group executives Richard Randall and Jason Kosena launched Echelon Energy, a technology-enabled service provider that designs and manages custom infrastructure retrofits to reduce utilities consumption for commercial real estate owners. The launch was supported by a growth investment from Union Main Group, whose CEO Adam Hanover will serve as Chairman of the Board for Echelon. The article states that Union Main Group's capital and operational expertise will help Echelon grow with its clients.
- hvacinformed.com
The article is a directory listing of HVAC and home-services companies. It includes a listing for Redwood Services, stating that its mission is to support local partners with shared resources, access to capital, and operating systems. It notes that Redwood Services was founded in 2020 with the backing of Union Main Group and is actively investing in mission-critical home services companies including HVAC, plumbing, and electrical.
- moeheatingcooling.ca
Redwood Services announced a significant investment by Atlas Partners, expected to close in the second quarter pending regulatory approvals. The investment expands Redwood's investor group alongside founding backer Union Main Group. Redwood supports over 2,500 employees and generates more than $500 million in annual revenue. The investment will strengthen Redwood's infrastructure, expand strategic partnerships, and accelerate acquisitions across the U.S.
- 'Our secret sauce': Inside the operations of fast-growing Memphis investment firm Redwood ServicesVerifiedbizjournals.com
The article profiles Redwood Services, a Memphis-based investment firm that makes majority investments in HVAC, plumbing, and electrical services businesses. It is backed by Union Main Group, a private investment holding company. Redwood acquires 75% of a business, leaving 25% with the original owner, and provides operational support and coaching to help partner companies grow. The article details Redwood's strategy, leadership, and plans for measured expansion.
- streetinsider.com
Redwood Services announced a significant equity investment from Altas Partners, expected to close in the second quarter of 2025 pending regulatory approvals. The transaction marks the expansion of Redwood's investor group alongside founding backer Union Main Group. Terms were not disclosed. The investment will enable Redwood to strengthen infrastructure, expand strategic partnerships, and accelerate tuck-in acquisitions across the U.S.
- Union Main Group - HomeVerifiedunionmain.us
Union Main Group is a Memphis, Tennessee-based owner and operator of businesses focused on essential home services, health care, and water/energy efficiency, employing nearly 2,300 people across the United States. The article lists its founders and team members but does not discuss any specific deal or transaction.
- pemarket.com
This article is a 2023 guide listing top private equity firms in Tennessee, including Dobbs Equity Partners, LFM Capital, Gen Cap America, Graham Healthcare Capital, and Council Capital. It does not mention Union Main Group or any specific deal involving the company.
- Debevoise Advises Redwood Services in Connection with a Strategic Investment from Altas PartnersVerifieddebevoise.com· May 8, 2025
Debevoise & Plimpton LLP is advising Redwood Services in connection with a significant equity investment from Altas Partners. Redwood is a nationwide platform in the essential home services industry backed by Union Main Group.
- homepros.news· May 8, 2025
Redwood Services, an HVAC, plumbing, and electrical platform, is set to receive a majority investment from Altas Partners, valuing the company at around $1.1 billion. The company is backed by Union Main Group, along with William Conway Jr. The article does not state that Union Main Group is the linked company or deal, but rather that it is a current backer of Redwood Services.