Rentokil Acquires Heron Home & Outdoor

Rentokil North America has broadened its footprint in the Southeastern US through the acquisition of Heron Home & Outdoor based in Apopka, Florida.

Heron, founded in 2002, is largely a lawn care business (over 2/3 of total revenue is lawn, tree and shrub). The firm has continued to experience rapid growth (20%+ per year) since inception. In 2010, Heron generated $6,651,184 in total revenue growing to over $20 million at the time of the closing.

While you may find it a curious acquisition for Rentokil given that it’s largely a lawn care business, Rentokil didn’t have much of a footprint in Florida and if you’re going to be in the state of Florida, the conventional wisdom is that you have to do lawn as well.

The terms of the transaction were not disclosed.

 

Rentokil Acquires Allgood Pest Solutions

Rentokil Initial has acquired Allgood Services of Georgia, Inc (which trades as “Allgood Pest Solutions”), headquartered in Atlanta, Georgia, and which also operates in Tennessee.  It generated annualized revenues for the 12 months prior to acquisition of $26m (#29 in the PCT magazine list of the largest pest control companies in the USA). [Read more…]

Anticimex / American Pest Acquires Greenstar Termite and Pest Control

american-pest-acquires-greenstaranticimex-acquires-greenstar-pest-potomacWe’re pleased to announce that Anticimex of Stockholm, Sweden, through its US subsidiary, American Pest, has acquired our client, GreenStar Termite & Pest Control based in the DC metro area.

The transaction will increase Anticimex’s growing footprint in the US. [Read more…]

Rentokil Steritech Acquires Isotech Pest Management

Rentokil Steritech has acquired Isotech Pest Management, Covina, Calif. rentokil-steritech-acquires-isotech-pest-management-of-californiaIsotech was founded in 2004 and this transaction expands Rentokil’s pest control footprint in the southern California and Las Vegas, Nev., areas. [Read more…]

Anticimex Acquires American Pest Control

Anticimex Acquires American Pest

Anticimex of Sweden has acquired American Pest Control of Fulton, MD, marking its second acquisition in the United States.

American Pest was founded by Paul Calvert Cissel as the American Disinfectant Company in 1925.  The American Disinfectant Company was purchased from Mr. Cissel’s widow on November 23rd, 1983, by Robert Byrne, William Roll, Robert Wells, and Jay Nixon.

Anticimex’s entry into the United States has continued to exert upward pressure on transaction multiples in the Unites States pest control industry. The US market now has six large, well-capitalized acquirers: Rollins, ServiceMaster, Rentokil, Massey, Arrow and Anticimex.

Anticimex will utilize American Pest as a regional platform for growth in the Mid-Atlantic region.

Rollins Acquires Scientific Pest Management

Rollins Acquires Scientific Pest Managment AustraliaOrkin Acquires Austrial Scientific Pest Management

Rollins, Inc., the parent company of Orkin, has acquired Scientific Pest Management, which provides pest control service throughout Australia through owned, franchise and partner companies. This acquisition gives Rollins brands nationwide Australian coverage.

[Read more…]

Orkin Canada Acquires Lloyd Pest Control Services of Ontario

Orkin Acquires Lloyd Pest Control CanadaOrkin Canada Acquires Lloyd Pest - PotomacThe Potomac Company is pleased to announce that its client, Lloyd Pest Control Services Ltd of Oshawa, Ontario was acquired by Orkin Canada. Founded in 1975, Lloyd provides commercial and residential pest control services in Ontario, Canada. This transaction will allow Lloyd’s shareholders, Lorne and Nancy Collins, to retire while providing significant growth opportunities for Lloyd’s management team and valued staff. [Read more…]

Anticimex Acquires Clean-Environ Pest Management of Singapore

Anticimex Acquires Clean Environ Pest Management Singapore - Potomac

The Potomac Company is pleased to announce that its client, Clean-Environ Pest Management of Singapore, was acquired by Anticimex of Sweden. Founded in 1991, Clean-Environ Pest Management provides commercial and residential pest control services [Read more…]

Anticimex Enters US Market with Acquisition of Bug Doctor Pest Control

Anticimex of Stockholm, Sweden has entered the US market with its acquisition of Bug Doctor Inc. of Paramus, New Jersey.

Bug Doctor, founded in 1992, provides high quality pest management services to both its commercial and residential clients. Since 1992 Bug Doctor has provided nationwide services to clients who desire humane and effective solutions to complex bird and pest control problems.

Stuart Aust, President and CEO of Bug Doctor, said: “When our family decided that the time was right to sell our company, we searched globally for a buyer who shared our dedication to growth, our dedication to quality and our dedication to our people and our clients. Anticimex, a leading specialist in preventive pest control, was our clear choice. They are committed to creating exciting new opportunities for our employees and our family while maintaining the focus on high quality service that our clients have come to expect.”

Jarl Dahlfors, CEO and President, Anticimex Group, commented: “Bug Doctor is a great fit for us, and their culture of excellence toward their people and clients aligns naturally with the culture of Anticimex, where we combine our decades of experience with the latest technological innovations to provide our customers with the peace of mind that comes from long-term, sustainable solutions to their needs. Our vision is to be the global leader in preventive pest control: there are more high-quality pest control companies in the US than anywhere else in the world, and we are excited about our continued growth prospects in this important market.”

[Read more…]

Rentokil Acquires Hoban Services

Rentokil Acquires Hoban Pest ControlHoban Services Merges With Rentokil

The Potomac Company is pleased to announce that Rentokil North American has acquired substantially all of the assets of our client Hoban Pest Control of Avon, OH. [Read more…]