Redwood Services News

The HVAC market is forecasted to grow at a projected compound annual growth rate (CAGR) of 3.9%, with a prediction to reach $370 billion by 2030. But in reality, the HVAC and plumbing industry is changing rapidly, with operators facing new challenges like never before. Whether it’s rising costs, the uncertain economy, increasing competition, or the workforce shortage, there’s no doubt the HVAC and plumbing market is evolving. So how do you adapt? That’s the key question. My t...

Redwood Services (“Redwood”), a home services firm focused on investing in leading residential HVAC, plumbing and electrical services companies in growing U.S. markets, has announced it has invested in Best Care Home Services (“Best Care”). Best Care was founded in 2009 by Brian Reed. The business has nearly 90 full-time employees serving the metro areas of both Memphis, TN, and Huntsville, AL, with a customer base that has grown to over 40,000 home owners. Investment i...

Redwood Services, a home services firm focused on investing in residential HVAC, plumbing, and electrical services companies in growing U.S. markets announces it has invested in Apollo Heating, Cooling, and Plumbing (Apollo). Apollo was founded in 2004 to serve homeowners in Northeast Ohio. The business has more than 60 employees and 4,500 active customers. Apollo provides heating and cooling, as well as plumbing, sewer, and drain services to residents across Greater Akron. Strong revenue grow...

Redwood Services (Redwood), a renowned home services firm that is focused on investing in major residential HVAC, plumbing and electrical services companies, in growing U.S. markets, has announced it has invested in Arlinghaus Plumbing, Heating and Air Conditioning (Arlinghaus). Based in the Greater Cincinnati area, Arlinghaus has been offering plumbing, heating and air conditioning services to home owners throughout much of the US States of Kentucky, Indiana and Ohio, since 2008. Arlinghaus P...

Redwood Services (“Redwood”), a home services firm focused on investing in residential HVAC, plumbing, and electrical services companies in growing U.S. markets announced that John Conway, a recognized pioneer in the industry, has joined Redwood as its Chief Operating Officer to help guide and direct Redwood’s strategy of identifying, acquiring and growing partner companies. Nexstar experience Mr. Conway was most recently a part of the member-owned Nexstar Network, one of the...