The Riverside Co. re-acquires The Dwyer Group from TZP Group

PE firm The Riverside Co. acquired franchise holding company The Dwyer Group for the second time, transferring majority ownership back from TZP Group LLC, with reinvestment from the Dwyer executive team and brand presidents. Dwyer owns HVAC brand Aire Serv.

“Private equity firm The Riverside Co. recently acquired The Dwyer Group Inc. for the second time. The Dwyer Group, based in Waco, Texas, is a holding company for seven residential and commercial franchise service brands, including Aire Serv, a heating and cooling brand.”

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