Dwyer Group take-private completed via management buyout at 59% premium

Dwyer, formerly a Nasdaq public company, became privately held by Riverside and other stockholders including the Dwyer family and senior management. Riverside paid $6.75 per share, a ~59% premium over the pre-announcement price.

“Riverside paid $6.75 per share to Dwyer's public stockholders who were not participating in the management buyout, which represented a premium of approximately 59 percent over the $4.25 closing price on May 9, 2003, the last trading day before the announcement of the transaction.”

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