Global private equity and venture capital news and research

Riverside reacquires Dwyer Group from TZP

19 Aug 2014

dollarThe Riverside Company has reacquired its former portfolio company The Dwyer Group from fellow private equity firm TZP Group.

Dwyer owns seven franchise businesses focused on residential and commercial services. These companies include Aire Serv, Glass Doctor, The Grounds Guys, Mr. Appliance, Mr. Electric, Mr. Rooter and Rainbow International.

In addition to that, Dwyer owns and operates glass shops in New England under the Portland Glass brand name.

Since 2010 when TZP bought a majority stake in Dwyer from Riverside the company has seen its EBITDA surge 690 per cent.

Riverside’s other recent deals include the acquisition of Tennessee-based software-as-a-service company Censis Technologies.

Copyright © 2014 AltAssets


Legals & Terms of UsePrivacy Policy

AltAssets is registered as a trademark of Investor Networks Limited (06695690).
Registered Office: Zetland House, 5-25 Scrutton St, London EC2A 4HJ
Content is © AltAssets 2000-2015