DREES

What DREES does

Drees Co. (DREES) is a family-owned mechanical contractor headquartered in Carroll, Iowa, founded in 1933 and currently in its fourth generation of family ownership. The company operates as a multi-trade contractor delivering HVAC, plumbing, electrical, mechanical, refrigeration, building automation, security, appliance retail/installation, and water treatment (EcoWater) services to residential, commercial, and light-industrial customers across West-Central Iowa within an approximately 180-mile service radius. With 70+ employees, the company is staffed by certified technicians across multiple trades and supports both new construction/retrofit installation and ongoing service, repair, and maintenance work.

The business model is service- and project-based, generating revenue through a mix of installation contracts, time-and-materials service work, preventative maintenance agreements, product sales (appliances, EcoWater systems), and controls/security installations. Diversification across multiple trades and adjacent product lines (appliances, water treatment, building automation) creates cross-sell potential within an existing regional customer base. Geographic focus is intentionally constrained — the 180-mile radius around Carroll positions DREES as a regional incumbent rather than a statewide or national operator, leveraging local brand equity and response-time advantages for service-heavy work.

Under its multi-generational ownership structure, the company has expanded its service portfolio incrementally — broadening from core plumbing/HVAC into electrical, refrigeration, building automation, security, and retail appliances. Leadership transitioned to fourth-generation operators (Alex and Derek Drees) in 2021, indicating continuity of family control rather than external investor involvement. No public filings, funding events, or M&A activity are disclosed in available materials.

Name

DREES

Legal name

Drees Co.

Website

https://dreesco.com

Company type

Private

Founded year

1933

Operating status

Operating

Headcount range

51–100 employees

Short description

Family-owned multi-trade mechanical contractor based in Carroll, Iowa, serving West-Central Iowa within a 180-mile radius with HVAC, plumbing, electrical, refrigeration, building automation, security, appliance, and water treatment services.

Ownership category

akta.pro rank

Product category

Mechanical Contracting & HVAC Services

NAICS

Plumbing, Heating, and Air-Conditioning Contractors (23822), Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance (811310)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Electrical Work (1731)

akta.pro industry

PRIMARYIMAFALAB

HVAC & Refrigeration Contracting

Industrials, Manufacturing & Construction/Construction & Civil Engineering/Specialty Trade Contractors (MEP, HVAC, Plumbing, Electrical)

SECONDARYHSAOAJAM

Emergency Refrigeration Service (24/7)

Home & Personal Services/Plumbing, Electrical & HVAC Services/Refrigeration & Walk-In Cooler Service

Keywords

• HVAC services
• Plumbing services
• Electrical contracting
• Home appliance sales
• Building automation systems

Headquarters

HQ city

Carroll

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Appliance Sales: The company sells home appliances (refrigerators, washers, dryers, dishwashers) from brands including Maytag, KitchenAid, GE, Amana, Bosch, Whirlpool, Cafe, and Speed Queen through their showroom in Carroll, Iowa. Sales include delivery, installation, and old appliance disposal services.
2. HVAC Systems Sales and Service: Sales and installation of HVAC systems from Goodman and Bryant brands, along with repair and maintenance services. The company sells, services, and guarantees everything they sell.
3. Electrical Services: Electrical installation, inspection, maintenance, and repair services for residential and commercial properties. Also includes Generac generator sales and installation.
4. Plumbing Services: Plumbing installation and repair, drain cleaning, remote video inspection, backflow testing and certification, water softener installation and repair, and water heater services.
5. Mechanical Services: HVAC piping, sheet metal design and build, medical gas piping installations for medical offices, clinics, and hospitals. Services include 24-hour emergency service.
6. Building Automation Systems: Design, animation, programming, installation and maintenance of Honeywell building automation systems for HVAC control. Systems allow remote monitoring and control of building equipment.
7. Refrigeration Services: Sales of refrigeration units and related services for residential kitchens.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Drees Co. sells, installs, services, and repairs home appliances, HVAC systems, plumbing, electrical, mechanical/building automation, security, refrigeration, and water treatment systems for residential and commercial customers across West-Central Iowa. Operations are anchored by a Carroll, Iowa retail showroom and field service teams that travel up to 180 miles for installation, maintenance, and emergency repair work.

Product overview

Drees Co. is a multi-service mechanical contractor offering a portfolio of interconnected home and building services centered on comfort, efficiency, and infrastructure. The core offerings span Appliance Sales & Service (featuring Maytag, KitchenAid, GE, Bosch, Whirlpool, Amana, Cafe, and Speed Queen brands), Building Automation Systems (using Honeywell and Alerton controls), HVAC Systems (Goodman and Bryant brands), Electrical Services (including Generac generators), Plumbing Services, Mechanical Services (HVAC piping, sheet metal, medical gas), Security Systems, and Refrigeration. Supporting sub-products include Furnace Services, Water Heater Services, and Air Conditioning Maintenance. The company operates as a single unified service organization rather than a platform-plus-modules architecture, providing sales, installation, maintenance, and repair across all categories from its Carroll, Iowa headquarters with a 180-mile service radius.

Differentiator

Problem solved

Functional benefit

Brands

• Drees Co. EcoWater Systems: Water treatment and filtration systems offered as part of the company's services

Products and services

• Appliance Sales & Service Sales, delivery, installation, disposal, and repair of home appliances including refrigerators, washers, dryers, and dishwashers from brands such as Maytag, KitchenAid, GE, Bosch, Whirlpool, Amana, Cafe, and Speed Queen. Targeted at residential homeowners in West-Central Iowa via the Carroll showroom and BrandSource financing.
• Building Automation Systems Design, animation, programming, installation, and maintenance of Honeywell and Alerton building automation and HVAC control systems for commercial buildings, enabling remote monitoring and control to optimize comfort and energy cost.
• Electrical Services Electrical installation, inspection, maintenance, and repair for residential and commercial properties, including wiring, switchboards, lighting, and Generac home standby generator sales and installation.
• HVAC Systems (Sales & Repair) Sales, installation, repair, and maintenance of heating and cooling systems for residential and commercial buildings. Offers Goodman and Bryant brand systems along with air conditioners, furnaces, water heaters, and ventilation systems.
• Mechanical Services Mechanical contracting services including HVAC piping, sheet metal design and build, and medical gas certified installations for medical offices, clinics, and hospitals. Includes 24-hour emergency service capability for complex projects.
• Plumbing Services Full-service plumbing for residential and commercial properties including installation, repair, drain cleaning, remote video inspection, backflow testing and certification, water softener installation and repair, and water heater services.
• Security Systems Security system installation and monitoring services for residential and commercial properties.
• Refrigeration Sales and service of refrigeration units including kitchen refrigerators, French-door models, built-in options, and smart refrigerators with advanced energy efficiency features for residential kitchens.
• EcoWater Systems (Water Treatment) Water treatment products including water softeners and filtration systems sold, installed, maintained, and repaired by Drees Co. as an authorized EcoWater dealer.

Quantifiable outcome

• HVAC systems can account for 30%-40% of total electricity consumed; high-efficiency systems can reduce energy bills by one-third
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Seven partnerships are on record, tiered core, major and secondary.

• HoneywellcoreTechnology or IntegrationDrees Co. represents Honeywell control product lines for building automation systems. They design, animate, program, install, and maintain Honeywell building automation systems for HVAC control, enabling remote monitoring and control of building equipment to optimize comfort at lowest possible cost.
• GoodmancoreTechnology or IntegrationDrees Co. sells and installs Goodman brand HVAC systems. Goodman is described as a leading HVAC brand providing heating and cooling solutions for residential and commercial buildings.
• BryantcoreTechnology or IntegrationDrees Co. sells and installs Bryant brand HVAC systems. Bryant is described as a trusted HVAC brand providing heating and cooling solutions.
• GeneraccoreTechnology or IntegrationDrees Co. sells and installs Generac home standby generators to keep customers prepared for power outages. Generac generators automatically restore power when the grid fails due to storms, equipment failures, or overworked power grids.
• BrandSourcemajorChannel Partner/ Reseller/ DistributorDrees Co. has partnered with BrandSource to provide financing options for customers purchasing appliances. BrandSource is a financing program that allows customers to create their dream home with financing, with credit applications and account management available through Citibank Online.
• EcoWater SystemscoreChannel Partner/ Reseller/ DistributorDrees Co. offers EcoWater Systems products as part of their water treatment services. They provide water softener installation and repair services using EcoWater products to address hard water issues.
• AlertonsecondaryTechnology or IntegrationDrees Co. works with Alerton building automation systems in addition to Honeywell controls, providing comprehensive building automation solutions for HVAC systems.

Scale indicators4 records

Recent moves8 records

Expansion highlights3 records

Direct peers

• Baker Group: Iowa-based multi-trade mechanical and electrical contractor serving commercial, industrial, and institutional customers across the Midwest. Closest direct comparable to Drees in scope (HVAC, plumbing, electrical, mechanical contracting) and regional footprint.
• Waldinger Corporation: Iowa-headquartered mechanical and electrical contractor with commercial HVAC, plumbing, sheet metal, and service operations across the Midwest. Comparable to Drees in scale, multi-trade scope, and regional Midwestern geography.
• Service Legends: Des Moines-area HVAC, plumbing, and electrical home services company. Comparable regional mechanical services peer with similar residential and light-commercial focus in Iowa.
• Modern Mechanical HVAC & Plumbing: Iowa mechanical contractor offering HVAC, plumbing, and mechanical services for residential and commercial customers. Overlapping service mix and Iowa footprint make it a direct comparable peer.

Broad incumbents

• ARS / Rescue Rooter: National HVAC, plumbing, and sewer services platform with a broad branch network across the U.S. Larger and broader than Drees but operates in the same residential and commercial HVAC/plumbing service category.
• Roto-Rooter: Nationally franchised plumbing and drain services company with broad geographic coverage. Comparable on plumbing service delivery even though it does not overlap Drees' HVAC and electrical lines.
• Trane Technologies: Global manufacturer of HVAC and building systems (Trane and Thermo King brands) with a broad authorized dealer and service network. Comparable as the upstream equipment brand whose products Drees installs and services.
• Lennox International: Manufacturer of residential and commercial HVAC and refrigeration equipment with a national dealer network. Adjacent comparable as the source of HVAC equipment that regional mechanical contractors like Drees install and service.

Emerging players

• One Hour Heating & Air Conditioning: National franchised HVAC service brand focused on residential heating and cooling. Competes with Drees in residential HVAC service, with brand-driven marketing reach that a single regional operator cannot match.
• Mr. Rooter Plumbing: Nationally franchised plumbing services brand under the Neighborly umbrella. Competes with Drees' residential and commercial plumbing line using franchise-driven marketing and standardized pricing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/dreescompany

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about DREES