# Redwood Services

Redwood Services is an Asset Manager based in Memphis, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Memphis, United States
- **Region:** North America
- **Address:** Memphis, TN, United States
- **Founded:** 2020
- **Assets under management:** Undisclosed
- **Website:** redwoodservices.com
- **LinkedIn:** https://www.linkedin.com/company/redwood-services-llc

## Regulatory record

- **Reports private funds:** No

## About

Redwood Services supports home service companies in HVAC, plumbing, and electrical sectors. It offers investments, coaching, and practice sharing to partner companies serving the residential home services market, excluding new construction. Founded in 2020, the company is based in Memphis, Tennessee.

## Sectors

- Industrial Tech
- Real Estate

## People

- John Conway — CEO
- Richard Lewis — Co-Founder & Partner
- David Kyle — Co-Founder & Partner

## Questions

### Who runs investment decisions at Redwood Services?

John Conway as CEO leads the partnership evaluation and acquisition strategy, working with co-founders Richard Lewis and David Kyle. The firm evaluates potential partner companies based on owner character, market position, and cultural fit rather than purely financial metrics. Day-to-day portfolio company oversight falls to the operations team, not a centralized investment committee.

### How does Redwood Services source proprietary deal flow?

Redwood sources deals through industry trade networks, HVAC and plumbing manufacturer relationships, and direct outreach to business owners approaching retirement. The firm avoids auction processes that attract competing financial buyers. Many introductions come from existing partner operators who recommend peers in adjacent geographies.

### Which sectors does Redwood Services explicitly avoid?

Redwood focuses exclusively on the essential residential trades — HVAC, plumbing, and electrical — and avoids discretionary home improvement, new-construction-dependent trades, and commercial-service models. The firm has consistently declined to enter roofing, landscaping, or other weather-dependent verticals where revenue visibility is lower.

### Does Redwood Services participate in fund commitments or only direct acquisitions?

Redwood deploys capital exclusively through direct majority acquisitions of operating companies. It does not invest as a limited partner in third-party funds, make minority investments, or pursue add-on acquisitions that sacrifice the original brand identity of partner companies.

## Related profiles

- [Paradigm](https://altss.com/profile/paradigm-operations-lp)
- [JR Holding](https://altss.com/profile/jr-holding)

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Last updated: 2026-06-03T20:00:00.000Z

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