April 20, 2024

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MEMPHIS, TN – Redwood Expert services (“Redwood”), a newly recognized home providers company focused on investing in primary HVAC, plumbing and electrical providers corporations in increasing U.S. markets, now declared it has partnered with Rite Way Heating, Cooling & Plumbing (“Rite Way”).

Ceremony Way is one of Southern Arizona’s major and most successful residential HVAC firms and presents a selection of cooling, heating, plumbing, drinking water and air high quality services to home owners in the location. For additional than 60 years, Rite Way has served the Tucson metro place and has crafted a track record of having care of both clients and workers.

As a regarded leader in the business, Rick Walter, president of Ceremony Way, retains a major possession stake and he and his staff will carry on to run and manage the business under the Ceremony Way banner and name. Redwood options to guidance Ceremony Way strategically with money and sources to improve Rite Way’s progress as the leading employer and supplier of essential house companies in the Tucson area.

“An expenditure in Rick Walter’s vision for Rite Way demonstrates Redwood’s mission of partnering with persons-targeted home expert services firms. We are honored to have the prospect to enable Rite Way reach the future chapter of progress, although guarding the company’s loaded lifestyle, brand name and legacy,” mentioned Richard Lewis, CEO of Redwood Solutions. “From our initially conversations with Rick and his group, we were impressed with the lifestyle, 60+ yr keep track of history in the Tucson market, shared enthusiasm for individuals and focus on client support. We picked a fantastic husband or wife in Rite Way and glimpse forward to supporting the full group underneath the management of Rick and Typical Manager Chris Sundin.”

“We’re energized to associate with Redwood Expert services on a collective vision of developing Ceremony Way,” reported Rick Walter, president of Rite Way. “Redwood’s recognition and support of our folks-targeted culture is a driving distinction that makes this partnership a fantastic healthy for us. Our employees, consumers and the Tucson community will benefit from an even much better operational framework which will allow us to continue on to supply the very best expert services and products.”

With additional than 11,000 lively shoppers, Ceremony Way has an A+ Superior Enterprise Bureau rating and 4.9-star score on Google with about 2,000 critiques. Rite Way, which has a developing group of more than 140 associates, was named a “Tucson Favorite Employer” by the Arizona Day-to-day Star.

This is the 1st system financial commitment for Redwood. Burch Porter Johnson LLP served as Redwood’s legal advisor, and Rusing Lopez & Lizardi, P.L.L.C. represented Ceremony Way and its principal stockholder, Rick Walter.

Founded in 2020 by Richard Lewis, Redwood Services is constructing a household of folks-run dwelling services corporations dedicated to improving the home owner expertise and is actively investing in vital property products and services organizations in the HVAC, plumbing and electrical trades all over the United States. For a lot more details, visit RedwoodServices.com.

Launched in 1959, Rite Way Heating, Cooling & Plumbing is a folks-focused heating, air-conditioning and plumbing corporation. Ceremony Way is one of the biggest Residential HVAC support vendors in Tucson, currently serving around 11,000 energetic residential consumers with a lot more than 140 team customers. For a lot more details, check out RiteWayAC.com.

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