DAWGS Acquired by The Riverside Company with New Canaan Funding Support
Deal News | Jul 31, 2025 | New Canaan Funding LLC
New Canaan Funding LLC has provided significant financing support for the acquisition of Door & Window Guard Systems (DAWGS) by The Riverside Company. DAWGS, based in Chicago, is a leading provider of security products for vacant properties across the United States. These products, including steel panels for doors and windows, are designed to deter unauthorized entry and protect residences, commercial entities, and government-owned properties from damage or safety hazards. The acquisition represents the nineteenth investment collaboration between New Canaan Funding and The Riverside Company, reflecting a robust partnership aimed at fostering sustainable growth through strategic investments, operational enhancements, and supplementary acquisitions. This move aligns with Riverside’s broader strategy to work with sellers interested in maintaining a role within their companies while jointly pursuing growth opportunities. New Canaan Funding, with its presence in Naples, New Canaan, and Wheaton, specializes in mezzanine financing targeted at middle-market transactions for private equity sponsors.
Sectors
- Security and Protection Services
- Private Equity
- Financial Services
Geography
- United States – DAWGS is headquartered in Chicago, Illinois, and provides services across the United States. New Canaan Funding and The Riverside Company also operate within the US market.
Industry
- Security and Protection Services – DAWGS operates in the security industry by providing door and window guards to prevent unauthorized entry and property damage.
- Private Equity – The acquisition of DAWGS by The Riverside Company, facilitated by New Canaan Funding, involves significant private equity activities.
- Financial Services – New Canaan Funding provides mezzanine financing, a form of debt capital that gives the lender the right to convert to an ownership or equity interest in the company if the loan is not paid back in time and in full.
Financials
- – The specific financial figures for the transaction or investment were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| DAWGS (Door & Window Guard Systems) | Target | Company | A premier provider of door and window guards securing vacant properties. |
| The Riverside Company | Bidding Company | Company | A private equity firm specializing in long-term growth through operating improvements and add-on acquisitions. |
| New Canaan Funding LLC | Financial Support Provider | Company | A mezzanine firm that provided financing to support the acquisition of DAWGS. |