Redwood Announces Equity Investment from Altas Partners
Deal News | May 08, 2025 | Debevoise & Plimpton
Debevoise & Plimpton LLP is advising Redwood Services, an essential home services platform, in securing a substantial equity investment from Altas Partners. Redwood, previously supported by Union Main Group, aims to leverage this strategic investment to further its business operations nationwide. The legal advisory team from Debevoise, led by M&A experts Jonathan Levitsky and Spencer Gilbert, is supporting this collaboration. This investment showcases Altas Partners' commitment to partnering with companies involved in essential business services.
Sectors
- Home Services
- Private Equity
- Legal Services
Geography
- United States – Redwood Services operates nationwide in the U.S. home services market.
- Canada – Altas Partners, the investing private equity firm, is based in Toronto, Canada.
Industry
- Home Services – Redwood Services operates within the essential home services industry.
- Private Equity – Altas Partners is a private equity firm making a strategic investment in Redwood Services.
- Legal Services – Debevoise & Plimpton LLP provides legal advisory services regarding the investment deal.
Financials
- Significant equity investment – Altas Partners' investment in Redwood Services is described as significant, although specific figures are not provided.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Redwood Services | Target | Company | A platform in the essential home services industry. |
| Altas Partners | Bidding Company | Company | A private equity firm making a strategic investment in Redwood Services. |
| Union Main Group | Selling Company | Company | A long-term holding company supporting Redwood Services. |
| Debevoise & Plimpton LLP | Legal Advisor | Company | Legal firm advising Redwood Services in the investment deal. |