Redwood Services Partners with Cardinal Heating, Cooling, Plumbing & Electric
April 7, 2025
Redwood Services has partnered with Cardinal Heating, Cooling, Plumbing, & Electric, marking Redwood’s 18th platform investment. The Ouimette family (founders/owners) will retain a significant minority stake while Cardinal’s team continues to operate under its existing brand as Redwood provides operational and financial support to accelerate growth in the Madison, Wisconsin market.
- Buyers
- Redwood Services
- Targets
- Cardinal Heating, Cooling, Plumbing, & Electric
- Sellers
- Rick Ouimette, Sharon Ouimette, Craig Ouimette, Keith Ouimette
- Platforms
- Redwood Services
- Industry
- HVAC & Mechanical
- Location
- Wisconsin, United States
- Transaction Type
- Addon
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