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Deal closed Jan 2021 · Tucson, AZ Verified

Redwood Services Acquires Rite Way

Redwood Services acquired Rite Way, a Tucson-based HVAC company, the year before buying Rice's business. Under Redwood, Rite Way's annual revenue grew from $30 million to around $70 million.

“Rite Way, a larger Tucson-based HVAC operation that Redwood acquired the year before.”

Entities

HVAC Sentiment: Positive

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.