Mr. Rooter’s parent company - Waco, Texas-based The Dwyer Group - announced it is actively searching for additional service and repair-based franchisors for possible acquisition.
Rooter’s parent company - Waco, Texas-based The Dwyer Group - announced today it
is actively searching for additional service and repair-based franchisors for
possible acquisition. To aid in the search, the company has launched a new
section of its
websiteto allow franchisors a detailed look at the acquisition strategy and the
criteria they must meet to be considered.
had incredible success with our seven franchise brands, and we are in a
leadership role to grow an additional concept across the country that
complements our network,” saidDina Dwyer-Owens,
chairwoman and CEO of The Dwyer Group.
that expansion is TZP Group, the private-equity firm that acquired The Dwyer
Group in a $150-million transaction last December. Together, TZP and The Dwyer
Group are targeting residential and light commercial repair and maintenance
companies with a proven record of profitability that can deliver additional
services to an already loyal customer base across The Dwyer Group’s existing
“The Dwyer Group’s track record speaks volumes in today’s economy that the
right team and the right systems are in place to turn the right franchise
opportunity into a national leader,” saidSam Katz,
managing partner of TZP Group.
launching Rainbow International in 1981, The Dwyer Group has grown over 30
years to include Mr. Rooter, Aire Serv, Mr. Electric, Mr. Appliance, Glass
Doctor and The Grounds Guys. Today, the Dwyer Group is one of the world’s
largest franchising organizations with more than 1,260 North American-based
franchisees, some 280 franchisees operating through international master
licenses and more than 35 company-owned glass stores under the brand name
Dwyer Group is interested in specific industries such as moving services,
pest-control services, pool cleaning, maid services, painting services and
roofing among sectors for growth. Companies must have a minimum EBITDA of $2
Mr. Rooter Parent Launches National Acquisition Search
March 8, 2011