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Altas Partners

Verified

Pe Firm

Altas Partners logo
Toronto, ON, CA Website

Announced majority investment in Redwood Services May 8 2025 (~$1.1B valuation, ~17x EBITDA). CORRECTION: prior research naming Greenbriar Equity Group as Redwood's sponsor was WRONG.

Headquarters: Toronto, ON, CA (outside the US map).

Ownership map

Ownership links are documented, evidence-gated edges, shown as reported by their sources. Naming a company is not an accusation against it. See our methodology and legal notes.

Ownership map for Altas Partnersbacked bybacked byparent ofparent ofrolled up intoAltas Partners: Pe FirmAltas PartnersBrothers Plumbing, Heating & Electric: Operating CompanyBrothers Plumbing, He…Guaranteed Service: Operating CompanyGSGuaranteed ServiceJohn C. Flood: Operating CompanyJohn C. FloodRedwood Services: PlatformRSRedwood ServicesRite Way: Operating CompanyRWRite WayRite Way Heating, Cooling & Plumbing: Operating CompanyRite Way Heating, Coo…Sierra Air Conditioning and Plumbing: Operating CompanySierra Air Conditioni…Sierra Platform: PlatformSPSierra Platform
Operating CompanyPe FirmPlatform

Ownership

Ownership links are documented, evidence-gated edges, shown as reported by their sources. A verified mark denotes an independently corroborated edge; links shown as reported are drawn as their sources record them and are not independently corroborated. Naming a company is not an accusation against it. See our methodology and legal notes.

Market signals

Acquisition history

Acquisition timeline202520262025 · Majority stake → Redwood Services2026 · Add-on acquisition → Hendrick Heat, Air & Plumbing
2 recorded deals, 2025–2026verifiedunverified

Acquisition footprint

US acquired companies by state Alaska: no recorded acquired companies Alabama: no recorded acquired companies Arkansas: no recorded acquired companies Arizona: no recorded acquired companies California: no recorded acquired companies Colorado: no recorded acquired companies Connecticut: no recorded acquired companies District of Columbia: no recorded acquired companies Delaware: no recorded acquired companies Florida: no recorded acquired companies Georgia: no recorded acquired companies Hawaii: no recorded acquired companies Iowa: no recorded acquired companies Idaho: no recorded acquired companies Illinois: no recorded acquired companies Indiana: no recorded acquired companies Kansas: no recorded acquired companies Kentucky: no recorded acquired companies Louisiana: no recorded acquired companies Massachusetts: no recorded acquired companies Maryland: no recorded acquired companies Maine: no recorded acquired companies Michigan: no recorded acquired companies Minnesota: no recorded acquired companies Missouri: no recorded acquired companies Mississippi: no recorded acquired companies Montana: no recorded acquired companies North Carolina: no recorded acquired companies North Dakota: no recorded acquired companies Nebraska: no recorded acquired companies New Hampshire: no recorded acquired companies New Jersey: no recorded acquired companies New Mexico: no recorded acquired companies Nevada: no recorded acquired companies New York: no recorded acquired companies Ohio: no recorded acquired companies Oklahoma: 1 acquired companies Oregon: no recorded acquired companies Pennsylvania: no recorded acquired companies Rhode Island: no recorded acquired companies South Carolina: no recorded acquired companies South Dakota: no recorded acquired companies Tennessee: 1 acquired companies Texas: no recorded acquired companies Utah: no recorded acquired companies Virginia: no recorded acquired companies Vermont: no recorded acquired companies Washington: no recorded acquired companies Wisconsin: no recorded acquired companies West Virginia: no recorded acquired companies Wyoming: no recorded acquired companies
  1. 1. Oklahoma 1
  2. 2. Tennessee 1
1–4 5–14 15–39 40–79 80+ no recorded acquired companies
Where the brands Altas Partners acquired are headquartered, by US state. A count of targets, not a market-share claim.

Deals

Add-on acquisition New Jul 2026

Redwood Services acquires Hendrick Heat, Air & Plumbing

Redwood Services → Hendrick Heat, Air & Plumbing
Majority stake May 2025

Redwood Services acquired by Altas Partners for ~$1.1B

Altas Partners → Redwood Services
$1.1B reported total consideration · approximateas reported by academia.edu

Related news

  • Altas Partners News Page (Pye-Barker Fire & Safety employee ownership program)Verified
    altas.com Aug 19, 2025

    The article reports that Pye-Barker Fire & Safety, a portfolio company of Altas Partners, launched the 'ALL In' employee ownership program, granting incentive awards to all eligible full-time team members. The program is supported by lead investors Altas Partners and Leonard Green & Partners. Altas managing partner Scott Werry expressed confidence in the initiative, stating it will empower and align the team as the company continues to grow.

  • Sedgwick Announces Strategic Partnership with Altas PartnersVerified
    altas.com Sep 12, 2024

    Sedgwick announced a strategic partnership with Altas Partners, with Altas committing $1 billion of equity. The transaction implies a total enterprise value of approximately $13.2 billion. The deal is expected to close in the fourth quarter of 2024, subject to customary conditions.

  • Altas Partners will acquire Tecta AmericaVerified
    nrca.net Oct 30, 2018

    Altas Partners, a Canadian long-term private equity firm, has agreed to acquire Tecta America Corp., a U.S. commercial roofing contractor, from ONCAP, the mid-market arm of Onex Corp. The article states that Tecta America was created in 2000 from the merger of 10 roofing companies and operates through 60-plus locations. President and CEO Mark Santacrose said Altas Partners will help the company pursue organic and M&A growth opportunities, and Altas Partner David Brent noted the acquisition is an 'excellent fit' with the firm's long-term strategy.

  • Redwood Announces Investment by Altas Partners | ACHR NewsVerified
    achrnews.com

    Redwood Services, a national platform in the home services sector, announced a significant investment by Altas Partners. The transaction is expected to close in the second quarter pending regulatory approvals and marks the expansion of Redwood's investor group alongside founding backer Union Main Group. The investment will enable Redwood to strengthen its infrastructure, expand strategic partnerships, and accelerate acquisitions across the U.S.

  • Redwood Services Announces Strategic Investment from Altas PartnersVerified
    altas.com

    Redwood Services announced a significant equity investment from Altas Partners, expected to close in Q2 2025 pending regulatory approvals. The investment will help Redwood strengthen infrastructure, expand partnerships, and accelerate tuck-in acquisitions. Terms were not disclosed.