Mr. Rooter parent company acquired by private equity firm The Riverside Co.
The Dwyer Group Inc. acquired by The Riverside Company.
The Dwyer Group Inc., parent company of Mr. Rooter and other trades service brands, announced it has been acquired for the second time by The Riverside Co., a private equity fund with locations in North America, Europe and Asia. Terms of the deal were not disclosed.
Waco, Texas-based The Dwyer Group serves as a holding company for seven residential and commercial franchise service brands. The franchise network includes more than 1,600 franchisees operating in the United States and seven other countries. In addition to its franchise concepts, The Dwyer Group also owns and operates 35 full-service glass stores in Maine, Vermont and New Hampshire. Combined, the service brands account for almost $1 billion in annual system-wide revenues.