MEMPHIS, TN — Redwood Services, a home services firm focused on investing in residential HVAC, plumbing, and electrical services companies in growing U.S. markets, announced its investment in Allbritten Plumbing, Heating, and Air Conditioning Services.
Founded in 1932, Allbritten offers plumbing, heating, and air conditioning services to homeowners in the Fresno area of California. Jerry Unruh, president of Allbritten, will retain a significant minority ownership stake and become a company advisor. The Allbritten team, led by General Manager and Incoming President Andrea Johnson, will continue to operate and manage the business under the Allbritten banner and name. Redwood will support Allbritten operationally, strategically, and financially.
Allbritten represents the third platform investment for Redwood, following the company’s investment in Tucson-based Rite Way Heating, Cooling, and Plumbing in December 2020 and D.C.-based John C. Flood of Virginia in June 2021. With the investment in Allbritten, Redwood expands its reach from the Southwest U.S. and East Coast to the West Coast as it seeks to build out a national network of home services companies.
"Over the course of their 90 years in operation, Allbritten has developed a proud reputation for outstanding customer service and trustworthy performance thanks to their commitment to putting people first,” said Richard Lewis, CEO of Redwood Services. “We know that commitment will propel the business into a new era of growth and we look forward to helping Andrea, Jerry, and the entire Allbritten team achieve it as we welcome them into our Redwood family.”
“Here at Allbritten, we prioritize hiring true professionals who share our dedication to going above and beyond for our customers. We then work tirelessly to take care of those employees so they feel that we invest in them as much as they invest in us,” said Andrea Johnson, general manager and incoming president of Allbritten.
“Unlike other companies that have approached us about a partnership over the years, we saw Redwood as a like-minded partner with those same people-focused values, plus a wealth of operational and strategic expertise that will support us in taking our business to the next level," Johnson added. "The biggest beneficiaries of this partnership will be our employees, who will have another trusted team in their corner, and Central Valley homeowners, who will have a reliable and affordable service provider for years to come.”
Report Abusive Comment