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MEMPHIS, TN — (World NEWSWIRE) — Redwood Expert services (“Redwood”), a home products and services firm concentrated on investing in leading residential HVAC, plumbing and electrical services providers in increasing U.S. markets, today introduced it has made an investment in Plumbing & A/C Medic (“Plumbing Medic”).
Plumbing Medic was founded in 2006 by Colby and Dannielle Julian and has grown to become a foremost provider of residential plumbing and sewer services in Gilbert, AZ with far more than 45 staff members serving 6,000 lively buyers.
“We are fired up to guidance Colby, Dannielle and the Plumbing Medic workforce in their future phase of expansion,” explained Richard Lewis, CEO of Redwood Providers. “Phoenix is a significant market place for HVAC and plumbing firms, and Plumbing Medic has differentiated alone as a supplier and employer of option in its market place. We’re thrilled to welcome Plumbing Medic into the Redwood family.”
As part of the expenditure, Colby and Dannielle Julian, co-founders of Plumbing Medic, will retain a sizeable minority possession stake. The Plumbing Medic team, led by Colby as President and Dannielle as Basic Manager, will continue to run and regulate the small business under the Plumbing Medic banner and title, although Redwood presents operational, strategic and economical support to increase the company’s development in the Arizona market place.
“At Plumbing Medic, we are passionate about bringing people today into trades and leading an authentic group committed to providing superb support to our customers,” mentioned Colby Julian, President at Plumbing Medic. “Redwood allows us to develop devoid of uprooting our society and people. They consider in what we are accomplishing and have re-energized us as we continue to be a lengthy-term household services company for our community.”
Plumbing Medic marks Redwood’s sixth platform expenditure total, following the company’s expenditure in Indianapolis-primarily based Service Moreover within just the past month. Redwood formerly introduced investments in Cincinnati-primarily based Arlinghaus, Fresno-based Allbritten, D.C.-centered John C. Flood, and Tucson-primarily based Ceremony Way.
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