Consolidation trend Aug 2014
Riverside grew Dwyer Group via brand acquisitions during prior ownership
During its 2003-2010 ownership, Riverside took Dwyer Group private and accelerated growth through acquiring new brands, illustrating a PE-driven roll-up strategy in trade-service franchising. The article also traces the ownership chain Riverside (2003) -> TZP Group (2010) -> Riverside (2014).
“Riverside first purchased The Dwyer Group in 2003, taking the company private and working with company management to accelerate growth through acquisitions of new brands, expanding facilities at corporate headquarters, and aggressive development of existing franchise brands. After seven years of growth, the firm sold The Dwyer Group to TZP Group LLC in 2010 where the franchise network continued to prosper.”
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Source: www.achrnews.com
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