ServiceMaster Acquires Seitz Brothers Exterminating

The Potomac Company is pleased to announce the acquisition of its client, Seitz Brothers Exterminating, Inc. by ServiceMaster.

Founded in 1975, Seitz Brothers grew to be one of the largest, independently owned pest control companies in Eastern Pennsylvania. With over 80 employees, Seitz Brothers covers a large swath of territory from its home-base in Tamaqua, PA up into the Poconos and down in Philadelphia and New Jersey.

[Read more…]

ServiceMaster Acquires Nomor AB as European Entry Acquisition


The Potomac Company is pleased to announce that ServiceMaster, a leading provider of pest control, restoration and cleaning services to residential and commercial customers, has acquired its client Nomor Holding AB, a Stockholm-based pest control company, with operations in Sweden and Norway. Nomor is the fourth largest pest control company in Europe.

You can read the full Commentary on the transaction here

[Read more…]

Pest Control M&A Weekly Commentary – Sept 9, 2019 – ServiceMaster Enters Europe: Now the 4th Largest Pest Control Company in Europe w/ Nomor Acquisition

Left to Right: Paul Giannamore (Potomac), Tony DiLucente (CFO of ServiceMaster), and Svein Olav Stölen (CEO of Nomor).

Stockholm, Sweden
6 September 2019

Today I am writing this Commentary on the plane from Stockholm, Sweden to Geneva, Switzerland. As it was a very busy week last week, this week’s Commentary will once again be a short one… but an important one.

This afternoon we closed on the sale of our client, Nomor Holdings AB (“Nomor” or the “Company”), to ServiceMaster Global Holdings (NYSE: SERV) in what I believe is ServiceMaster’s largest and most important transaction since its IPO in June of 2014. It’s clearly the largest pest control transaction in Europe in recent history and one that will change the competitive dynamics on the continent for years to come.

[Read more…]

ServiceMaster Acquires Inspect-All Services, a PCT Top 100 & Inc. 5000 Company

ServiceMaster (NYSE: SERV), a Fortune 1000 company, through its subsidiary, Terminix International Company LP, has acquired the Atlanta-area pest control division of Inspect-All Services, headquartered in Conyers, Georgia, from siblings Brian and Brandon Lunsford.

[Read more…]

Pest Control M&A Weekly Commentary – December 10, 2018 – Parasitec in Paris, Rentokil Acquires Vermont Pest Control, ServiceMaster Acquires Assured Environments

Potomac at Parasitec Pest Control Conference in Paris // Copyright The Potomac Company, LLC

10 December 2018
Paris, France ==> New York City

This week’s Commentary is going to be very short. I am back in the US and this is the busiest Q4 on record in the industry, so I don’t have much time to write. However, I received over 400 emails on my last two Commentaries with some great questions that I’ll be answering publicly next week (no, not all 400 of them).

I’m writing this on my way out of Paris, where I attended Parasitec, the Pestworld of Europe. For those of you who haven’t been, it’s similar to Pestworld except: (a) the attendees dress nicer, (b) they drink less, (c) there are no 58-year-old chemical reps making out with 30-year-old manufacturer’s reps at the Dolphin bar, and (d) the exhibition hall actually keeps normal hours. Other than that, it’s about the same.  [Read more…]

ServiceMaster to Acquire Copesan for $150 Million

On February 26, 2018, ServiceMaster entered into an agreement to purchase and combine its Terminix national account pest control operations with Copesan Services, Inc., one of the largest national providers of commercial pest management in the country.

The preliminary purchase price of approximately $150 million, comprised of approximately $100 million due at closing and $50 million due on the third anniversary of closing.

This combination would significantly improve Terminix’s capabilities in commercial pest control as Copesan, under its brand, would provide us with significant expertise, reputation and processes for delivering pest management solutions to sophisticated commercial customers. The transaction is expected to close in the next 30 to 45 days, subject to satisfaction of customary conditions and regulatory approval.

 

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…]

Terminix Acquires Alterra Pest Control a Top 15 US Pest Control Company

Terminix Aquires Aterra Potomac Pest Control Acquisitions

Emergent Pest Control Company Provides Further Momentum in Residential Services Market 

The Potomac Company is pleased to announce that Terminix®, the leading provider of termite and pest control services in the United States, has acquired the assets of its client Alterra Pest Control. Founded in 2012, Alterra is one of the 15 largest pest control companies in the U.S. Led by entrepreneur David Royce, the company has been consistently recognized for its success by pest control industry thought leaders and media. Alterra reported $45 million in revenue in 2014 and was generating revenue greater than $70 million at the time of the transaction. [Read more…]

Terminix Acquires Capelouto Termite & Pest Control

Terminix Acquired Capelouto Pest and Termite of FloridaTerminix Pest Control Acquisition Florida

 

 

Terminix has acquired substantially all of the assets of Capelouto Termite & Pest Control of Tallahassee, FL.

Founded in Tallahassee by the late Reuben Capelouto in 1964 as a one-man, one-truck operation, Capelouto has served the Tallahassee area for over 50 years. [Read more…]

Terminix Acquires Team Too Termite & Pest Control

Terminix has acquired substantially all the assets of Team Too Termite & Pest Control of Corona, California.

Team Too was founded in 1978 by Bill Houtchens and operated by his son, Team Too President Will Houtchens. Team Too has five offices in California and specializes in commercial termite and pest control. [Read more…]