Secret Site Map
Sunday, May 26, 2013

Home News Terminix Announces 2012 Year-End Acquisitions

Terminix Announces 2012 Year-End Acquisitions

News Coverage

Company closes six deals in December with aggressive strategy set for 2013.

| January 22, 2013

MEMPHIS, Tenn. – Terminix 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 (PCO’s) 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.

•    Pestmaster Services
Corporate operations in Lancaster, Bishop, Bakersfield, Sacramento, Ridgecrest and Newark, Calif.

•    Pestmaster Services
Franchise operations in Grover Beach, Calif.

•    BioGuard Pest Control
Operations in Boise, Idaho; Salt Lake City, Utah; Nashville, Tenn.; and Virginia Beach, Va.

•    Springer Professional Home Services
Operation in Davenport, Iowa

•    Foothills Pest Control
Operation in Chandler, Ariz.
 

Top news

The Pros and Cons of Mosquito Spraying

An article in last week’s Wall Street Journal reviews the pros and cons of calling in professionals to spray for mosquitoes.

NCPMA Releases Bed Bug Booklet

The North Carolina Pest Management Association released a booklet designed to educate North Carolinians about preventing the spread of bed bugs.

ServiceMaster Reports First Quarter Financials

The parent company of Terminix reported operating revenue of $608 million, a decline of 7.1 percent compared to the same period in 2012.

Video: Allen Fugler on Conehead Termite Eradication Efforts

Fugler, EVP of the FPMA, discusses effort to secure funding to help the industry eradicate the invasive conehead termite.

Marathon Data Systems Introduces Smartphone App

PestPac Mobile 2.0 is the company’s newest mobile offering.