The Potomac Company is pleased to announce the acquisition of its client, Bugs-B-Gone, by Waynes, an Anticimex company. This move is expected to make significant changes in the industry dynamics allowing Waynes to leverage Bugs-B-Gone's strengths and reputation for growth in the southern United States.
Bugs-B-Gone has been a reliable pest control provider in Columbus, Mississippi, for over twenty years. Since its start in 2000, the company has built a reputation for delivering effective pest control solutions, specializing in serving communities in Mississippi and Alabama for both residential and commercial clients. Bugs-B-Gone is known for its commitment to its loyal customers offering unparalleled pest protection.
Waynes Pest Control is headquartered in Birmingham, Alabama, and is part of the Anticimex family of companies. With over 150,000 customers across Alabama, Tennessee, and Mississippi, Waynes is a world-class provider of termite, pest, lawn care, and mosquito services.
Owners of Bugs-B-Gone, Daphne Palmer and Everett Pennington, commented, “We are excited about this new chapter for Bugs-B-Gone. Becoming a part of Waynes allows us to take our service to the next level and offer even more effective and eco-friendly solutions for our clients. Our values and commitment to top-notch pest control services align perfectly with Waynes, and we look forward to the future with great enthusiasm.”
Shawn Hollis, President at Waynes, added, "This transaction is a testament to Bugs-B-Gone's dedication and success. Their collaboration with Waynes and Anticimex promises an exciting future, combining strengths and values for even greater pest control excellence. We are excited for the continued growth and success in the industry for both entities.”
Bret Kofsky, Director of M&A at Anticimex, shared his thoughts on the acquisition: "We are thrilled to welcome Bugs-B-Gone into the Anticimex family. This acquisition marks a significant milestone for us as we enhance our capabilities, improve customer service, and broaden our range of pest control solutions to better serve our valued clients. Bugs-B-Gone's commitment to excellence and their exceptional track record align seamlessly with our own values."
Paul Giannamore and Franco Villanueva-Meyer of The Potomac Company acted as exclusive financial advisors to Bugs-B-Gone in this transaction.