Home Page  |  Site Map  |  Articles 
 
   
Print This Post Print This Post     
 


Orkin Acquires Crane Pest Control

ATLANTA and SAN FRANCISCO — Rollins, Inc., parent company of Orkin, announced today that it has completed its acquisition of Crane Pest Control.

Crane Pest Control, Inc. was established in 1930 in San Francisco, Calif. The Company with annual revenues exceeding $10 million (which ranked it #50 on PCT’s 2008 Top 100 list) is a leading provider of advanced pest management, serving Northern California and the Reno/Tahoe Basin. Crane Pest Control’s primary service is commercial pest control and its existing business complements the services that Rollins offers through its subsidiary, Orkin. Following the acquisition, Crane Pest Control will operate independently to preserve its successful brand and loyal customers.

“Joining Crane with Rollins is a good cultural fit for both companies,” said Harold Stein, president of Crane Pest Control, Inc. and past president of the National Pest Management Association. “Crane Pest Control is now aligned with one of the premier pest management companies in North America and we look forward to a successful partnership with the Rollins team.”

Glen Rollins, vice president of Rollins, Inc. and president of Orkin, Inc. commented, “I’m a long-time admirer of Hal and Vera Stein and their team at Crane. We aim to provide a comfortable home for their extraordinary coworkers and customers. The purchase of Crane Pest Control represents our second large acquisition in nine months and underscores the outstanding growth prospects available to Rollins.”

Interested in learning more about valuation and mergers & acquisitions in the pest control industry? Subscribe to Potomac Company commentary and research on the Pest Control Industry.


Name:
Email:
Company:
State:
Phone Number:


Related Reading:
Buying a Pest Control Business
Rentokil / Ehrlich Acquires Mountain Pest Control
Selling Without Selling Out: An Interview with Waud Capital Partners
Sunair Services and George Costanza: Negotiating Hard for Less Money
Orkin Acquires Precision Pest Control and Bob’s Termite and Pest Services
Massey Withdraws Offer to Acquire Sunair Services
Massey Acquires Sunair… We’ll Know by Monday
Terminix Acquires 19 Pest Control Companies in First Six Months of 2008
Ehrlich/Rentokil Acquires Shamrock Pest Management
Orkin Announces Acquisition of Five Pest Control Companies
The Orkin / HomeTeam Deal: A Closer Look at the Numbers
Rollins Acquires HomeTeam Pest Defense for $137 Million
The Rollins / HomeTeam Purchase Agreement
Copesan Announces the Addition of Two New Partners
Copesan Initiates Disengagement With J.C. Ehrlich/Rentokil and Presto-X
Potomac Announces Acquisition of Brazilian Pest Control Company
Losing $75K in 7 Seconds: Purchase Price Allocation 101
The Texas Pest Control Association Announced 2008 Election Results
Killing You Softly, Part 1 – Your Pricing
ISS Expanding Into Pest Control in Mexico
Paul Giannamore to Address the Texas Pest Control Association Convention
Sunair: Exterminating Value?
Extortion at Closing
Pest Control Acquisitions and Business Valuation for Pest Control Companies: Potomac Introduces the Potomac Pest Control Weekly
Orkin Acquires General Pest Control
Orkin Acquires Three New Pest Control Companies Across U.S.
Paul Giannamore to Speak at PCT M&A Seminar
Orkin / Western Acquires JRG Pest Control
Consolidation Continues in the Pest Control Industry
Kotler Pest & Termite Control Acquired by Terminix
Wind Point Partners Provides Acquisition Capital to Wilson Pest Control

Tags: , , , , ,

Leave a Reply

You must be logged in to post a comment.


  Home  |  Site Map © 1996-2011 The Potomac Company. All rights reserved. Legal  |  Contact Us  

Powered by Webucast