Innovative Pest Management, a PCT Top 100 Firm, Acquired by American Pest, an Anticimex Company

The Potomac Company is pleased to announce the acquisition of its client, Innovative Pest Management (“IPM”), by American Pest (“American”), an Anticimex Company.

IPM was founded 14 years ago by Dr. Richard Kramer, Luke Krikstan and Joshua Kramer. What began as a small, three-man operation quickly grew to become one of the largest privately held pest control businesses in the DC metro area, a recent newcomer to the PCT Top 100 list and the Best of DC winner for three of the last four years.

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Pest Control M&A Weekly Commentary – January 8, 2019 – Over a Half Billion Dollars in Deals in 75 Days, Rollins Acquires Clark Pest Control, Gotta Kick Up Some Tribute to Uncle Paulie

In November, I “officially” called the top for the pest control M&A market for this cycle and in July I said that you would see over a half billion dollars of pest control transactions close by the end of the year. I undershot volume by at least $100 million and missed the timing by a month or so, but I was close.

December and January were extremely active months in the US pest control industry.

  • Rollins has officially entered into a purchase agreement to acquire Clark Pest Control of California, which is the 8th largest pest control company in the United States
  • Rentokil was busy in the US in the fourth quarter, which we’ll be talking about more later this month with an announcement.
  • Finally, the Anticimex crew caused me a lot of eye rolls from the wife with a New Years Eve closing, which we’ll discuss next Monday when I get back to my normal writing routine.

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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…]

ServiceMaster to Acquire Assured Environments

ServiceMaster has entered into a purchase agreement to acquire Assured Environments, a leading commercial pest control company based in New York City. The company is best known for providing effective pest control services to property management, hospitality, retail, education and food processing facilities and its leadership in urban pest management. Assured provides pest control services to many of New York’s best-known buildings, including Rockefeller Center, Madison Square Garden, and the 9/11 Memorial Museum.

This is a potentially risky move for ServiceMaster in that Assured Environments is a union shop.

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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…]

SOLitude Lake Management Acquires Aquatic Environments

SOLitude Lake Management, a leading environmental firm specializing in lake, pond, wetland and fisheries management, and related environmental services, has expanded its national presence to the western United States by uniting with Aquatic Environments, Inc. based in the San Francisco Bay Area.

Aquatic Environments is California’s largest full-service lake and water feature maintenance contractor active in the fields of aquatic and terrestrial vegetation control, lake and fountain construction, hydraulic and mechanical dredging, mosquito management and flood mitigation. Established in 1998, Aquatic Environments is known for client-focused services and embracing its role as an environmental steward. The company serves a wide variety of customers ranging from State and Federal government entities to homeowners associations and wineries in California and Nevada. Virtually all Fortune 500 companies located in the Bay Area, including major technology, refining, and defense contractors rely on Aquatic Environments to protect their critical infrastructure and beautify their aquatic resources.

SOLitude and Aquatic Environments find common ground in their ability to serve clients with a variety of premier aquatic management solutions. The strategic alignment of the two companies forges an unprecedented level of industry expertise, increased tools, equipment and technologies, broadened training and development efforts, and new informational offerings for stakeholders in California, Nevada and the western United States.

Roughly 50 technicians, biologists, engineers and qualified permitting specialists are based in Aquatic Environments’ Benicia, California, headquarters. The team boasts extensive working knowledge of a complex regulatory environment to create sustainable aquatic management solutions that promote healthy and vibrant ecosystems. The acquisition will provide a foundation for SOLitude to expand in the west and to provide clients across the region with the high level of customer service and performance they have come to know.

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…]

Clyde King Joins The Potomac Company

Clyde King – Director of M&A

Philadelphia, PA – The Potomac Company today announced that Clyde King has joined its Pest Control Group as director of M&A, with a special focus on family businesses.

Based in Orlando, Clyde comes to Potomac after serving as the Director of Acquisitions for Massey Services for 19 years where he helped transform Massey from a Florida pest control business to a $250 million regional powerhouse. [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…]