Orkin Acquires Your Pest Control Company of Fort Worth, Texas

The Potomac Company is pleased to announce the acquisition of its client, Your Pest Control Company, by Orkin. Founded in Fort Worth, Texas, in 1997, by David and Dorene Norris, Your Pest Control Company is one of the fastest-growing commercial pest control companies in the DFW metro area.

David and Dorene commented: “Clearly, as business owners, valuation is important, but equally so is our people and our customers. We chose to sell our business to Orkin because they made us feel very comfortable that our business would continue to run standalone and provide the same quality of service to our customers as we always had. They’ve lived up to their commitments to our team, our customers and us, and we are confident that we made the right decision.” [Read more…]

Rentokil Steritech Acquires Innovative Pest Management of North Carolina

The Potomac Company is pleased to announce the acquisition of its client, Innovative Pest Management, by Rentokil Steritech.

Innovative was founded by Ronnie and Rhonda Caldwell in 1999 and has grown to be one of the largest privately held pest control businesses in the Lake Norman area, north of Charlotte, NC. [Read more…]

Rollins / Orkin Enters Singapore with Acquisition of Aardwolf Pestkare

As Elaine once famously quipped on Seinfeld’s The Contest:  “… and then there were three.” Similarly, there are now three major players in the Singapore pest control industry and transaction multiples are on the rise.

Rentokil has been in Singapore for years (the dominant player), Anticimex took the plunge in late 2015 / early 2016, and now the new kid on the block is Rollins, the parent company of Orkin.

On July 2nd, Rollins acquired the stock of the third largest pest control business in Singapore, Aardwolf Pestkare. [Read more…]

HomeTeam Acquires Stout Pest Control

HomeTeam Pest Defense, a division of Rollins (NYSE: ROL), has acquired Stout Pest Control of San Antonio, TX.

Founded in 1989 by Russell Stout, the Company focuses on providing pest and termite control services to the residential market in San Antonio metro. Russell and his wife Linda will be retiring and all of the Stout employees will be joining HomeTeam’s San Antonio operations. [Read more…]

Rentokil Acquires Advanced Pest Management, a PCT Top 100 Company

Potomac is pleased to announce the acquisition of its PCT Top 100 client, Elkton, Maryland-based Advanced Pest Management (APM) — $6.9 million in revenue — by Rentokil Steritech. The acquisition further expands Rentokil Steritech’s density in the Northeastern U.S. market. Terms of the deal were not disclosed.

Established in 1964 by the Kreer family, APM  was sold to Jeremy and Nam Kreer, President and Regional Account Executive of APM respectively, in 2003. The business has built a long-standing reputation as a provider of outstanding customer service to homeowners and businesses from southern New Jersey through Delaware to Baltimore, Maryland. [Read more…]

Anticimex Acquires Killingsworth Environmental

The Potomac Company is pleased to announce the acquisition of its client, Killingsworth Environmental (“Killingsworth”) in North Carolina, by Anticimex. Headquartered in Charlotte, N.C., Killingsworth operates in South and North Carolina and has a strategic position in one of U.S. fastest-growing geographies. With the acquisition of Killingsworth, Anticimex further strengthens its market position on the U.S. east coast as well as creates a platform for further long-term growth in the Carolinas. Killingswoth has 180 employees and is a $21 million firm. [Read more…]

Environmental Pest Control Acquires Advance Pest Control Service

 

Environmental Pest Control, leader in safe and reliable pest control in Southern Ontario since 1988 has acquired Advance Pest Control Services, located in Orangeville, Ontario. Bringing together their combined 60+ years of experience, Environmental Pest Control (EPC) and Advance Pest Control Services (Advance) will continue to offer exceptional customer service and eco-friendly pest control solutions for bed bugs, cluster flies, mice, rats, ants, cockroaches, boxelder bugs, pineseed bugs, Asian lady beetles, spiders, pantry pests, millipedes, centipedes, earwigs, mosquitoes, ticks, wasps and hornets. [Read more…]

Anticimex Acquires Turner Pest Control

Anticimex continued expansion in U.S. with the acquisition of Turner Pest Control.

Headquartered in Jacksonville, Fla,  with offices throughout the state, Turner is a leading pest management firms in northeast Florida, ranking 48th on last year’s PCT Top 100, with reported 2016 year-end revenue of $16.8 million. [Read more…]

ServiceMaster to Acquire Copesan for $150 Million

On February 26, 2018, ServiceMaster entered into an agreement to purchase and combine its Terminix national account pest control operations with Copesan Services, Inc., one of the largest national providers of commercial pest management in the country.

The preliminary purchase price of approximately $150 million, comprised of approximately $100 million due at closing and $50 million due on the third anniversary of closing.

This combination would significantly improve Terminix’s capabilities in commercial pest control as Copesan, under its brand, would provide us with significant expertise, reputation and processes for delivering pest management solutions to sophisticated commercial customers. The transaction is expected to close in the next 30 to 45 days, subject to satisfaction of customary conditions and regulatory approval.

 

Rentokil Acquires Leading Vector Disease Control Company

The Potomac Company is pleased to announced the acquisition of its client, Vector Disease Control, LLC (“VDA”), North America’s largest provider of mosquito control services, by Rentokil North America. This acquisition is Rentokil’s largest US acquisition since it acquired Steritech in late 2015.

Headquartered in Little Rock, Arksansas, VDA operates from 52 offices in 32 states and the Caribbean and generates over $47 million per year in revenue. [Read more…]