Current events in the Structural Pest Control Industry
ServiceMaster today announced that it has entered into an agreement with Roark Capital to sell ServiceMaster Brands for $1.533 billion. Upon consummation of the transaction, which is expected in the next 30 to 60 days, ServiceMaster Global Holdings will change its name to Terminix.
The Potomac Company is pleased to announce the acquisition of its client, Decatur Pest Control, by ServiceMaster. The business of Decatur will largely be integrated into the business of Inspect All Services, a former client of Potomac that was acquired by ServiceMaster.
We’ve heard reports on the ground that New York and Pennsylvania are both allowing pest control firms to operate as an essential service amid widespread business shutdown.
Given the movement in the markets and the constant requests that we are receiving, Potomac will be providing a brief daily update for the time being on the pest control public and private market news.
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