The Riverside Company has invested in 1-Tom-Plumber to enhance its EverSmith Brands portfolio, targeting growth in the commercial plumbing services sector.

Target Company Overview

The Riverside Company has recently invested in 1-Tom-Plumber, a rapidly growing franchisor specializing in emergency plumbing and drain cleaning services. This acquisition represents the sixth addition to Riverside's platform, EverSmith Brands, which focuses on a diverse range of franchised concepts targeting the B2B sector. Founded in 2018, 1-Tom Plumber has achieved a significant nationwide presence, distinguished by its unique brand identity, effective digital marketing strategies, and strong support systems for franchisees. Currently, their operations span 37 franchisees across 57 territories in 22 states.

The brand's appeal is particularly strong among experienced small business owners, many of whom come from backgrounds in restoration services, reinforcing the company’s growth and franchisee satisfaction. Loren Schlachet, Managing Partner at Riverside, stated, “As the newest addition to EverSmith, 1-Tom Plumber enhances our mission to build a multi-brand franchisor of commercial-focused business services. The company has created a powerful brand and an exceptional value proposition for franchisees, and we look forward to supporting continued expansion.”

Industry Overview

In the United States, the plumbing industry has shown resilience and growth in recent years, driven by a surge in renovations and an increasing focus on commercial facilities. As businesses continue to invest in infrastructure improvements, the