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
Redwood Services · Acquirer Rite Way · Target
HVAC Sentiment: Positive
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