Divestiture Sep 2014 · USA Verified
Riverside's 2003 buyout and 2010 sale of Dwyer Group to TZP Group
Riverside first bought Dwyer Group in 2003 (privatizing it) and sold it to TZP Group in 2010; the new deal returns majority ownership from TZP to Riverside.
“Riverside first purchased The Dwyer Group in 2003, electing to privatize the public company. After seven years of growth, the firm sold The Dwyer Group to TZP Group LLC in 2010. The new Riverside purchase transfers majority ownership from TZP back to Riverside, along with a significant reinvestment from The Dwyer Group executive team, and an investment from each brand president within The Dwyer Group companies.”
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Source: www.achrnews.com
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