Terminix, the nation’s largest pest control provider, today announced
the closing of six asset acquisitions in December 2012. These
transactions contribute strong management teams, additional service
offerings and geographic diversity to the Terminix portfolio, further
highlighting the company’s aggressive growth strategy.
“This most recent round of acquisitions reinforces not only the Terminix
growth strategy, but also the inherent value proposition for the
business lines we are acquiring,” said Chuck Fallon, president of
Terminix. “We approach every deal thoughtfully to do what’s right for
the associates, customers and the company.”
Terminix plans to continue its organic and acquisition growth strategy
in 2013 with a focus on both domestic and international acquisitions to
further expand the company’s geographic footprint. Terminix actively
looks for a variety of pest control operators (PCOs) and, as with the
businesses acquired in December, utilizes different integration models,
from tuck-in to stand-alone operations.
Collectively, the annualized revenue for these recent acquisitions is in
excess of $10 million.
The acquisitions include assets from:
-
McCauley Brothers Termite and Pest Services
Operations in Rohnert and Pittsburg, Calif.
Corporate operations in Lancaster, Bishop, Bakersfield, Sacramento,
Ridgecrest and Newark, Calif.
Franchise operations in Grover Beach, Calif
Operations in Boise, Idaho; Salt Lake City, Utah; Nashville, Tenn.; and
Virginia Beach, Va.
-
Springer Professional Home Services
Operation in Davenport, Iowa
Operation in Chandler, Ariz.
About Terminix
Terminix, a division of the ServiceMaster Company, is the world’s
largest pest control provider. Headquartered in Memphis, Tenn., Terminix
services more than 3 million customers in 47 states and 14 countries.
Terminix provides pest control services and protection against termites,
rodents and other pests threatening human health and/or safety. To learn
more about Terminix, visit their website at www.Terminix.com.
About ServiceMaster®
With a global network of more than 6,900 company-owned, franchised and
licensed locations, Memphis-based ServiceMaster is one of the world's
largest residential and commercial service networks. The company's
high-profile brands are Terminix, TruGreen, American Home Shield,
ServiceMaster Clean, Merry Maids, Furniture Medic and AmeriSpec. Through
approximately 21,000 corporate associates and a franchise network that
independently employs over 31,000 additional people, the ServiceMaster
family of brands provided services and products to approximately 8.1
million customers during the last twelve months. Our market-leading
brands provide a range of residential and commercial services including
termite and pest control; lawn, tree and shrub care; home warranties and
preventative maintenance contracts; furniture repair; home inspections;
home cleaning; janitorial services; and disaster restoration. Go to www.servicemaster.com for
more information about ServiceMaster or follow us at twitter.com/ServiceMaster or facebook.com/TheServiceMasterCo.
Valerie Middleton
901-597-1383
or
Members of the media only, contact:
U.S. Media Relations
James Robinson
+1-901-597-7521
or
International Media Inquiries
Antonio Hernandez
+1-901-597-8381
or
ServiceMaster
Media Hotline:
+1-866-397-7921