Orkin expanded its employee base in Roslyn, N.Y., with the acquisition of Evins Pest Control. The business will move to Orkin’s New Hyde Park branch, but will continue to operate as Evins.

Evins Pest Control services southern Westchester County, New York City’s five boroughs (Manhattan, Brooklyn, Staten Island, the Bronx and Queens), Nassau and western Suffolk Counties. Read the rest of this entry »

Copesan Services and Western Exterminator Company, Anaheim, Calif., have announced the termination of their business relationship.

Copesan Partners learned of the disengagement of Western from Copesan on Friday afternoon (May 4). A press release was sent out by Copesan on Sunday morning (May 6). Read the rest of this entry »

EQT VI has acquired the Anticimex Group, a provider of pest control, food safety and adjacent services, from Swedish listed private equity firm Ratos for an enterprise value of approximately SEK 2.9 billion ($0.4 billion). Anticimex was founded in 1934 in Sweden.
Read the rest of this entry »

Senske Pest Control has acquired the Las Vegas-based Guardian Pest Defense to strengthen its residential pest control customer base and achieve its long-term goal of operating in the metro Las Vegas area.

“As a result of family demands, I needed to spend more time with my family at this stage of my life. I searched for company with exceptional customer service who will maintain the quality my customers and employees have come to expect. After carefully considering several options and selecting a company that aligned with my guarantees, ethics, reliability and reputation, I am excited to announce that Senske Pest Control will be caring for my customer’s properties in the future,” said Ammon Hartner, former owner of Guardian Pest Defense in Las Vegas.

Hartner indicated he would continue to be involved in the Chicago Guardian Pest Defense location as in the past, but also added, “It was a very good experience working with Senske. They offered a fair price and it only took 35 days from our first conversation to closing the deal.”

Senske, a company with 65 years of experience in the pest control business, had been on the search for an anchor in the Las Vegas market they could build on.

“Guardian Pest Defense was just what we were looking for in a company to help us launch the Las Vegas operation” said Chris Senske, President of Senske Pest Control.

In the last 12 months, Senske has acquired three companies in the pest control and lawn care industry building a stronger presence in the central and south Intermountain West region. Senske operations now span a service area throughout the Intermountain West region.

“We will focus on continuing to give great service to Guardian’s customers and develop even stronger customer loyalty by offering a host of new services supported by a highly trained team of pest control experts. We look forward to servicing even more Western communities as we grow and develop the Senske brand in these new market territories” said Senske.

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.

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Question: I called a business broker who handles pest control companies and he said the buyer will pay his fee. How can he represent me, but get paid by the buyer?
 Jeff (from Florida)

Answer: The short answer is: he can’t. The reality is, he will be representing neither you nor the acquirer in the transaction. He will be representing his own interests and will be selling your business to the buyer who is willing to pay him the most. Not a good situation to find yourself in if you are selling your life’s work.

 Brokers who act as finders provide absolutely no value whatsoever to a seller. In fact, in a lot of ways, they cost a seller a tremendous amount of money. Read the rest of this entry »