The Potomac Company provided valuation advisory services to Mountain Pest Control in connection with its acquisition by Rentokil / JC Ehrlich. (more…)

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Many of you are currently wrestling with the following questions: What do I do about my loyal management team or my children who are working in the business, they don’t have enough capital to buy it from me? I’d like to diversify my wealth, which is largely locked up in my company, but I don’t want to sell my business now, what can I do? What most of you probably don’t realize is, there is a way for you to sell your business and still participate in future growth…. Or sell your business to your management team even if they do not have the necessary capital to do the deal on their own. (more…)

Download Massey / Sunair Services Purchase Agreement

This deal reminds me of the Seinfeld episode when George and Jerry were trying to sell their sitcom pilot to NBC and George took control of the negotiation process. George began by telling the NBC executive who championed their show that the network’s offer for the pilot episode was far too small and that he and Jerry have agreed to pass. Only to come back in a matter of days and beg for whatever NBC would pay. (more…)

ATLANTA – Orkin, Inc., acquired Precision Pest Control, Inc., Syracuse, N.Y., and Bob’s Termite and Pest Services, Woodbridge, Va., just prior to the end of 2008.

“We welcome the opportunity to expand our customer service areas in these growing markets,” said Bob Hines, director of acquisitions for Orkin. “We look forward to increasing our local presence in Syracuse and Woodbridge with the help of each location’s tenured employees.” (more…)

The Board of Directors of Massey Services is tired of waiting around and finally withdrew the offer on Sunair Services after Sunair announced its intent to pursue a formal sale process. Here is a copy of the withdrawal letter: (more…)