Click here to download The HomeTeam Deal: A Closer Look at the Numbers
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We have received a lot of calls and emails over the last few days regarding Rollins’ acquisition of HomeTeam Pest Defense, including, do “Do you have a copy of the purchase agreement?” I’ve included in this week’s report the most commonly asked questions and answers.
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Mar. 31, 2008 (Thomson Financial delivered by Newstex) –

ATLANTA (AP) - Rollins Inc. (NYSE:ROL) said Monday it has agreed to buy Centex (NYSE:CTX) Corp.’s pest-control business, HomeTeam Pest Defense, for $137 million.

The exterminator company, which also owns Orkin, PCO Services, Western Pest Services and The Industrial Fumigant Co., expects the deal to close in early April. (more…)

MENOMONEE FALLS, Wis. — Copesan Solutions has added two new Partners with solid pest management backgrounds and history to its network of service providers. JP McHale Pest Management of Buchanan, N.Y., and Viking Termite & Pest Control of Bridgewater, N.J., will join the 70-plus Partners already servicing Copesan clients across North America. (more…)

MENOMONEE FALLS, Wis. — Copesan Services announced that it had initiated the termination of its association with its stockholder Partners J.C. Ehrlich/Rentokil and Presto-X. (more…)