Alphi Capital has partnered with RedBlue HeatPumps & Refrigeration, a growth-focused HVAC service provider, to accelerate its expansion in the Canadian market.

About the Target: RedBlue HeatPumps & Refrigeration

Founded in 2013 by Jordan Owen and Marshal Mason, RedBlue HeatPumps & Refrigeration is a reputable provider of HVAC, plumbing, and electrical services, catering to both residential and commercial clients. Headquartered in Victoria, British Columbia, the company has established itself as a key player in the Greater Victoria area of Vancouver Island, known for its reliable and high-quality service.

Over the years, RedBlue has built a strong reputation based on trust and commitment to customer satisfaction. The leadership team, comprising Owen and Mason, has worked diligently to foster a loyal clientele along with a dedicated workforce, setting a solid foundation for future expansion and service improvement.

Industry Overview in Canada

The HVAC industry in Canada has shown substantial growth over the recent years, driven by an increasing focus on energy efficiency and sustainability. With rising temperatures and

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Alphi Capital

invested in

RedBlue HeatPumps & Refrigeration

in 2025

in a Other Private Equity deal

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