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Majority stake · Closed Aug 2014 Verified

The Riverside Co. Acquires The Dwyer Group from TZP Group

Relationship map

Relationship map for The Riverside Co. Acquires The Dwyer Group from TZP Groupbacksparent ofTZP Group: Pe FirmTZP GroupThe Riverside Company: Pe FirmThe Riverside CompanyNeighborly (formerly Dwyer Group): FranchisorNFNeighborly (formerly …
FranchisorPe Firm

Parties

Acquirer
The Riverside Company
Pe Firm
Sponsor
TZP Group
Pe Firm

Market signals

Summary

The Riverside Co. has acquired The Dwyer Group, a holding company for seven franchise service brands including HVAC brand Aire Serv, from TZP Group LLC. This marks the second time Riverside has owned the company, having previously held it from 2003 to 2010. The deal includes reinvestment from the executive team and brand presidents.

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