Selling a C Corporation — Stock Deals Have Returned to the Pest Control Industry

While we haven’t seen them for over a decade, today’s competitive M&A market has driven Orkin, Terminix and Rentokil to consider stock purchase transactions — and in some instances actually do them.

Rollins, the parent-company of Orkin, purchased the stock of a C corporation in December of 2012 — a roughly $4 million transaction. Additionally, two of Potomac’s sell-side clients currently have Letters of Intent on the table from all three of the national acquirers, and most of the offers are for stock purchase treatment. [Read more…]