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Majority stake · Closed Aug 2014

The Riverside Co. re-acquires The Dwyer Group from TZP Group

Relationship map

Relationship map for The Riverside Co. re-acquires The Dwyer Group from TZP Groupparent ofThe Riverside Company: Pe FirmThe Riverside CompanyAire Serv: Operating CompanyAire Serv
Operating CompanyPe Firm

Parties

Acquirer
The Riverside Company
Pe Firm
Target
Aire Serv
Operating Company

Market signals

Summary

Private equity firm The Riverside Co. acquired franchise holding company The Dwyer Group (parent of HVAC brand Aire Serv) for the second time, taking majority ownership back from TZP Group, with reinvestment from Dwyer's executive team and brand presidents. Terms undisclosed.