Dwyer Group gets bought, employees to split $1 million - KXXV-TV News Channel 25 - Central Texas News and Weather for Waco, Temple, Killeen |

WACO

Dwyer Group gets bought, employees to split $1 million

WACO, TX (KXXV) - The Dwyer Group is being acquired by The Riverside Company, and employees are set to split $1 million as part of the sale.

Terms of the deal for the Waco based company were not disclosed, but The Dwyer Group says all of their associates will share in $1 million as part of the sale, according to a release from the group. 

The Dwyer Group serves as a holding company for seven residential and commercial franchise service brands. Riverside first purchased The Dwyer Group in 2003, then sold The Dwyer Group to TZP Group LLC in 2010. This sale transfers majority ownership from TZP back to Riverside

“We're extremely excited to welcome The Dwyer Group back to The Riverside Company and to become involved once again with franchisees and associates dedicated to a strong Code of Values,” said Sarah Roth, a partner based at The Riverside Company's Dallas office. “The executive team remains fully committed to the business, and The Dwyer Group service brands are well positioned for more expansion.”

The entire executive team at The Dwyer Group will remain in place and will work with Riverside.
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