The Dwyer Group (parent of Mr. Rooter) to merge with PE firm The Riverside Company, going private at $6.75/share

The Dwyer Group, parent of Mr. Rooter, entered a merger agreement with private equity firm The Riverside Company. Stockholders would receive $6.75 cash per share and the company would become privately held, with Riverside owning the majority.

“The Dwyer Group, parent company of Mr. Rooter, recently entered into a merger agreement with The Riverside Co., a private equity firm with offices in New York, Cleveland, Dallas and San Francisco. Under the terms of the agreement, Dwyer’s stockholders will receive $6.75 in cash for each share of common stock they own.”

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