Dean’s Home Services, a leading HVAC and plumbing company serving the Minneapolis-St. Paul area, has partnered with Redwood Services, a national home services firm. This investment marks Redwood’s fifteenth platform acquisition, further expanding its portfolio of top-performing residential service companies.
Dean’s Home Services, established in 1996, offers a comprehensive range of services including HVAC, plumbing, electrical, sewer, and drain solutions. With a team of over 120 employees, Dean’s serves more than 10,000 customers annually, demonstrating its strong market presence and commitment to customer satisfaction. Redwood Services, known for its strategic investments in the residential HVAC, plumbing, and electrical sectors, recognized Dean’s exceptional growth and operational excellence.
Richard Lewis, CEO of Redwood Services, praised Dean’s consistent growth and adaptability. He highlighted the leadership of owners Stephanie Olson and Jeremy Shepard, emphasizing their dedication to employee well-being and strong community reputation. Redwood is committed to providing Dean’s with comprehensive operational, strategic, and financial support to fuel further expansion.
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From left to right: Chance Dye, David Katz, Richard Lewis, Jeremy Shepard, Stephanie Olson, Scott Brinkley, John Conway, Shaun Hardick, Sandra Koblas. The leadership teams of both Dean’s Home Services and Redwood Services gather to celebrate the new partnership.
Shepard and Olson will retain significant minority ownership and continue to lead the Dean’s team under the existing brand name. This partnership allows Dean’s to leverage Redwood’s industry expertise and resources to enhance its operational efficiency and expand its service offerings. Shepard expressed his long-standing relationship with Redwood’s team and his confidence in their ability to foster a best-in-class operation. He anticipates collaborating with industry leaders to drive Dean’s continued success.
Redwood Services, founded in 2020 and headquartered in Memphis, focuses on building a network of people-focused essential home service companies. With operations in numerous states including Arizona, California, Kentucky, and New York, Redwood is solidifying its national presence. This strategic partnership with Dean’s Home Services reinforces Redwood’s commitment to investing in high-performing companies and expanding its reach in key markets. The collaboration brings together two industry leaders with shared values and a dedication to providing exceptional service to homeowners. Dean’s strong local presence and Redwood’s national resources create a powerful combination poised for continued growth and success in the Twin Cities market.
