EPS’s State Pest Control Acquires ProForce Pest

State Pest Control, a subsidiary of Environmental Pest Service, announced it has acquired ProForce Pest Control’s Raleigh metro branch. The deal expands State’s presence in east and central North Carolina and adds approximately $3 million in recurring revenues, 14 employees and more than 7,000 new customers. 

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Rollins Enters into Purchase Agreement to Acquire Clark Pest Control

Rollins, Inc. (NYSE: ROL), a premier global consumer and commercial service company, announced today that it has agreed to acquire Clark Pest Control of Stockton, Inc. located in Lodi, CA. Clark Pest Control is a leading pest management company in California and the nation’s 8th largest pest management company according to PCT 100 rankings. Geotech Supply is included in the acquisition and will continue to expand its current operations, maintaining a commitment to quality service delivery. Rollins expects to close in the first quarter 2019 subject to regulatory approvals. [Read more…]

Rentokil Steritech Acquires Vermont Pest Control

Vermont Pest Control’s HQ in Middletown Spring, VT

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

Founded in 1991 by Art and Chere Tournet, Vermont Pest Control has grown to be one of the largest pest control operations in the state of Vermont. Vermont Pest Control operates in the territory between Albany, NY and Burlington, VT and is an important strategic acquisition for Rentokil. All of Vermont Pest Control team members will be joining Rentokil, while the sellers will remain with Rentokil until throughout the integration period. [Read more…]

Anticimex / American Pest Acquires Triple S Pest Services

Potomac is pleased to announce the sale of its client, Triple S Services —a family-owned pest control firm with locations serving D.C., Maryland, and Virginia — to American Pest, an Anticimex portfolio company.

Triple S Pest Services, a PCT Top 100 company for many years, was founded in 1981 and has a solid reputation among its clients for offering reliable, low-risk pest control services for local, state and government institutions, private businesses, and residential homes. [Read more…]

Rentokil North America Acquires Hudson Valley’s Liberty Pest Control

The Potomac Company today announced the sale of its client, Liberty Pest Control, to Rentokil North America.

Founded in 1959 and operating from Albany, NY to Scranton, PA, Liberty is one of the oldest and largest pest control operations in New York’s Hudson Valley.

Potomac is pleased to have had the opportunity to advise the management and shareholders of Liberty in a competitive, strategic sale process.

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Modern Pest Services, An Anticimex Company, Acquires Guaranty Pest Elimination

The Potomac Company has announced that its client, Guaranty Pest Elimination of Danielson, CT, has been acquired by Modern Pest Services, an Anticimex Company. This is Anticimex’s largest acquisition in New England since the acquisition of its platform, Modern Pest Services.

Guaranty Pest Elimination has been providing both residential and commercial services in Connecticut, Massachusetts, Rhode Island, and New York since 1989. Known as a customer-centric pest control solutions provider, Guaranty brings a strong brand and industry-leading client service to the Modern family. The Company was founded by Andy Kacavich in the 1980s. [Read more…]

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…]

Orkin Acquires Banks Pest Control

Potomac is pleased to announce the sale of its client, Banks Pest Control, of Bakersfield, CA, to Rollins, Inc., the parent company of Orkin.

Banks Pest Control was founded by Orland Banks in 1969. What began as a one-man shop grew to a company of over 40 employees and one of the largest privately held pest control companies in the southern region of the San Joaquin Valley.

The terms of the transaction were not disclosed.

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…]

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…]