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BRAND NEWS
At MulcahyReeves, we follow with interest brand news of our clients, contacts and friends. If you would like your company to be featured or would like to suggest an interesting brand development, email us at info@mulcahyreeves.com.
The Dwyer Group:
Private Ownership Helps Clean Up
As a diversified home services provider, the Dwyer Group faced the inevitable quarterly challenges of most publicly held corporations and wondered if there was a way to keep a consistent focus on the long-term rather than the shorter term expectations of its stockholders.
Working with The Riverside Company, a private equity finance partner, the Dwyer Group went private, a move that has restored its traditional approach to longer time horizons. “This has been a tremendous benefit for us as a franchisor to have the solid financial backing, due diligence capability and strategic advice of a private equity partner who really understands the needs of the franchise business,” said Dina Dwyer-Owens, Chairman & CEO, who explained that the company now benefits from a partner who provides both business coaching and strong banking relationships yet allows the company to direct its operations and culture.
The Dwyer Group owns and operates companies including Rainbow International® Restoration & Cleaning, Mr. Rooter® Corporation (Drain Doctor® in the UK), Aire Serv® Heating & Air Conditioning, Mr. Electric®, Mr. Appliance® and Glass Doctor®.
