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…]

Rollins Enters United Kingdom with Acquisition of Safeguard Pest Control

Rollins Acquisition of Waltham Services Pest ControlRollins Acquires Safeguard UK

Rollins, Inc. the parent company of  Orkin, has acquired the stock of Safeguard Pest Control and Environmental Services Limited, operating in greater London and Southeastern England. The acquisition closed June 30 and is Rollins’ first company-owned operation in the United Kingdom. [Read more…]

Environmental Pest Control Acquires Piper Pest Control

Environmental Pest Control Inc. (EPC), a leader in pest control services in Southern Ontario, has announced that it has acquired Piper Pest Control. Together, they bring forth a combined 60 years of experience. EPC and Piper Pest Control will continue to offer their respective quality solutions for pest control.

Piper Pest Control has delivered effective pest control since 1981 in the Simcoe Region. Guy Harris, President of Piper Pest Control, will now be working under the EPC brand with Paul Terhart, President of Environmental Pest Control. “We’re excited to deliver exceptional service to Piper’s clients and to have Guy join the EPC team, sharing his 35 years of experience servicing the Barrie, Stayner and Collingwood areas.” says Terhart of working with Harris.

We’re excited to deliver exceptional service to Piper’s clients and to have Guy join the EPC team, sharing his 35 years of experience servicing the Barrie, Stayner and Collingwood areas.

Paul Terhart, President

Piper’s will now be making use of EPC’s expansive services and resources (like their fleet of boats for cottage pest control), advanced technologies and Green Pest Management System.

EPC assures all clients that there will be no change to their or Piper Pest Control’s existing regularly scheduled services and that they can all continue to expect exceptional customer service.

About Environmental Pest Control (EPC):

Since its establishment in 1988, Environmental Pest Control has provided high-quality pest control solutions to their customers throughout southern Ontario and GTA.  Serving all types of properties, including cottages, island properties, country, commercial, residential, and hospitality, EPC prides itself on delivering safe, environmentally responsible, and effective pest control with impeccable customer service.

 

[Read more…]

Forbes Magazine on Pest Control M&A

Alterra Forbes Potomac

In the May 31, 2016 print edition of Forbes, the magazine discussed the recent acquisition of our client Alterra by Terminix as well asPotomac Company Forbes Magazine transaction multiples in the industry. Karsten Strauss, in his Forbes article said:

“After three and a half years in operation Alterra shot to $75 million in revenue–at just the right time. In recent years consolidation in the$7.8 billion U.S. pest-control industry has been pushing valuations as high as 2.5 times revenue, twice the usual multiple. That’s been fueled partly by a string of U.S. acquisitions by Rentokil, a U.K. company. Last year Royce hired Paul Giannamore, a pest-industry specialist with the Potomac Co., a boutique investment bank, to negotiate a sale to Terminix, this one for an estimated $135 million. “He couldn’t have timed the market better if he’d tried,” Giannamore says.” [Read more…]

Potomac Announces Strategic M&A Transaction for Catseye to Fund Future Growth of the Brand

Catseye USA Team

The Catseye USA team (Catseye Pest Control’s parent / media company). I am in the mix as well. They say a camera adds 10 pounds to you, apparently they had 3 or 4 cameras on me.

Well, the cat’s out of the bag…(sorry, that’s something my father would say while the rest of us would just roll our eyes… I guess I’m getting old) ServiceMaster is now the proud owner of certain assets of the Catseye family — a PCT Top 100 pest control company.

To the outside world, this looks like a simple transaction. [Read more…]

Massey Acquires EcoShield Texas, Completes Largest Deal Since Middleton Acquisition

Massey Acquires EcoShield Pest Control

The Potomac Company is pleased to announce that its client, EcoShield Pest Control, a Top 25 US pest control company, has sold its Dallas, Houston and San Antonio, Texas operations to Massey Services. This acquisition represents Massey’s largest transaction since it acquired Sunair / Middleton almost seven years ago. [Read more…]

Rentokil Aquires Abadi Hygiene Services of Malaysia

Rentokil Acquires AbadiRentokil Initial Pest Control Acquisitions Malaysia
Rentokil has acquired Abadi Hygiene Services. Founded 1997, Abadi is one of the largest Malaysian companies specializing in washroom hygiene, femicare, IT sanitizing, general pest control, fumigation, and termite control. [Read more…]

Rentokil North America Has Acquired the Oliver Exterminating Group

Rentokil Acquires Oliver ExterminatingOliver Exterminating Group, based in Miami, Florida, and with operations in Florida, Arizona, Puerto Rico, and the Dominican Republic, was acquired by Rentokil North America.  Oliver, with annual revenues over $30 million, was ranked number 24 in the PCT Top 100 in 2015. [Read more…]