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Service Brands is Biggest Purchase Yet for Dwyer Group


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CEO Mike Bidwell said Dwyer Group would ramp up acquisitions after last year’s purchase of the franchisor by The Riverside Co. Looks like he meant it: Waco, Texas-based Dwyer bought Service Brands International this week, a multi-concept system that includes Molly Maid, Mr. Handyman and ProTect Painters.

Systemwide sales at Service Brands are $283 million, and it’s the largest purchase in Dwyer’s history.

“This is a pinnacle moment for Dwyer Group,” Bidwell said in a statement. Dina Dwyer-Owens, co-chair of Dwyer Group, called David McKinnon, chairman of Service Brands, an “incredible pioneer for franchising and for the service trades.”

Through the acquisition, McKinnon becomes an equity stakeholder in Dwyer and a senior adviser to the board. The acquisition adds maid services and handyman services for the first time to the Dwyer lineup, which also includes Glass Doctor, The Grounds Guys, Five Star Painting and others.

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The latest news, opinions and commentary on what's happening in the franchise arena that could affect your business.

Laura MichaelsLaura Michaels is editor of Franchise Times. She can be reached at 612.767.3210, or send story ideas to lmichaels@franchisetimes.com.
 
Beth EwenBeth Ewen is senior editor of Franchise Times. She can be reached at 612.767.3212, or send story ideas to bewen@franchisetimes.com.
 
Nicholas UptonNicholas Upton is restaurants editor at Franchise Times. He can be reached at 612.767.3226, or send story ideas to nupton@franchisetimes.com.
 
Mary Jo LarsonMary Jo Larson is the publisher of Franchise Times Magazine and the Restaurant Finance Monitor.  You can find her on Twitter at
 twitter.com/mlarson1011.
 

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