Metairie-based RED Group has been acquired by Charlotte’s Falfurrias Capital Partners and merged with Industrial Design Solutions (IDS), based in Phoenix. The deal, closed in late October 2026, positions RED CEO Carl Fangue to lead the combined entity, ensuring local leadership remains intact.
As part of the acquisition, RED Group’s founder Kyle Remont will stay on the board, maintaining a connection to the Metairie headquarters. Though financial terms remain undisclosed, the merger is described as a growth investment set to enhance the capabilities and reach of the industrial automation and control systems platform.
The new platform, combining RED Group and IDS, aims to expand its operational footprint across Gulf South, serving sectors like manufacturing, energy, maritime, and data centers. This move signals a potential uptick in demand for industrial real estate in the region, though specifics on hiring or facility changes are yet unconfirmed.
For Metairie, the involvement of a private equity backer like Falfurrias could stimulate local job growth and regional projects. With headquarters in Jefferson Parish, the development might influence nearby industrial spaces, shops, and offices, aligning with ongoing trends in industrial services consolidations.
No formal timeline for integrating the newly combined companies has been announced, leaving open questions about potential office consolidations or expansions in the Metairie area. Future developments in this realm will largely depend on upcoming decisions by the combined company’s leadership.
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