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Majority stake Announced Apr 2025

Redwood Services partners with Cardinal Heating, Cooling, Plumbing, & Electric

Parties

Acquirer
Redwood Services
Platform

Market signals

Summary

Redwood Services has partnered with Cardinal Heating, Cooling, Plumbing, & Electric, marking Redwood’s 18th platform investment. The Ouimette family will retain a significant minority stake while Cardinal continues under its existing brand with Redwood providing operational and financial support to accelerate growth in the Madison, Wisconsin market.

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