The acquisitions extend Arrow’s service in Florida and expand it into Georgia.
SARASOTA, Fla. – Arrow Environmental Services has purchased 15 pest control companies in the past year, extending its reach throughout Florida, while also moving the company into Georgia for the first time.
The largest transaction in the group, a $2.25-million September acquisition of Bay Area Termite & Pest Control, dramatically grows Arrow’s presence in the Tampa Bay area, adding $1.9 million in annual revenue and 15 employees. Combined with other 2013 acquisitions, Arrow has added a total of 18 new employees in the Tampa Bay area.
Meanwhile, Sarasota-based Arrow has also acquired companies that provide entry into Naples (adding 10 employees), Lakeland (adding 15 employees), Crystal River (adding 5 employees), and Atlanta, Ga. (adding 41 employees). Overall, the acquisitions, combined with healthy organic growth, are expected to move Arrow into the group of the 60 largest U.S. pest control companies, based on the most recent rankings by PCT magazine. Arrow now has over $18-million in annual revenues.
In all, Arrow has purchased 15 companies since December 2012. Here are the companies, with the month in which each transaction was completed:
- Bruce Pest Control, Lakeland – December 2012
- Polk County Termite & Pest, Lakeland – December 2012
- Bell’s Quality Pest, Sarasota – January 2013
- ServiceMax USA, Naples – February 2013
- Executive Pest Control & Lawn, Brandon – May 2013
- Pest Terminator, Naples – June 2013
- Penny Pest Control, Valrico – June 2013
- Aaction Pest Control, Sebring – July 2013
- Arrest-a-pest, Tampa – July 2013
- Total Pest Management, St. Cloud – August 2013
- Aero Pest Control, Crystal River – September 2013
- Bay Area Termite & Pest Control, Tampa – September 2013
- Stanley’s Pest Solutions, Sarasota – September 2013
- JR’s Lawn & Shrub, Homosassa – October 2013
- Skyline Pest Solutions, Atlanta – October 2013
As Arrow continues to make acquisitions, the company also continues to focus on organic growth and customer retention, keys to continued success. “We are making sure we have systems in place to successfully handle our growth, tied to training that ensures that our quality will remain at high levels,” said Arrow Chairman George Pickhardt.
It’s also important to find like-minded business owners to merge operations with, said Arrow CEO Bill Hurd. “We only talk to potential partners who are as obsessive about customer service as we are,” he said.
For more information about Arrow visit www.arrowservices.com.