The Grounds Guys' Elmore expects continued growth with parent company's acquisition


Posted: August 27th, 2014

Category: The Wire

Private equity firm The Riverside Co. acquired The Dwyer Group from TZP Group. It’s the second time Riverside has owned the Waco, Texas-based parent company of landscape maintenance franchisor The Grounds Guys.

Terms of the deal were not disclosed.

Riverside first purchased The Dwyer Group in 2003, taking the company private. After seven years, the firm sold The Dwyer Group to another private equity investor, TZP Group, in 2010.

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