Secret Site Map
Thursday, October 23, 2014

Home News First Rate Solutions Acquires Pestermite Exterminating

First Rate Solutions Acquires Pestermite Exterminating

Comings & Goings

The acquisition helps First Rate towards its goal of expanding by acquiring established pest control companies to grow its market share in NYC.

| March 12, 2013

NEW YORK — First Rate Solutions finalized its acquisition of Pestermite Exterminating on Feb. 2, 2013 from John Zegarelli. Since its inception in 1996, First Rate Solutions has concentrated on expanding its customer base organically, but has recently looked into acquiring established pest control companies to grow its market share in NYC.

“Pestermite Exterminating was a perfect choice as our first acquisition,” said Sam Soto, owner of First Rate Solutions. “Pestermite has a strong customer base in NYC and we were looking to expand in areas where we already have established routes, but could still grow our market share by adding new customers and condensing territories to become more efficient without sacrificing quality. We are extremely excited about the excellent opportunity for growth this acquisition provides us.”

The owner of Pestermite Exterminating, John Zegarelli, said, “I agreed to the acquisition because I trust Sam and his crew will take care of my customers the way I did. Both companies strive for exemplary customer service and are passionate about how customers and employees are treated.”

Top news

ScottsMiracle-Gro Signs Definitive Agreement to Acquire Action Pest Control

The Scotts Miracle-Gro Company announced that its subsidiary EG Systems, Inc., doing business as Scotts LawnService, has signed a definitive agreement to acquire the assets of Action Pest Control, Evansville Ind., which ranked 56th on the 2014 PCT Top 100 list, with annual revenues of $11.6 million. The transaction, which is expected to close by January 2015, would mark Scotts’ first acquisition of a structural pest control business.

WCBB Raising Funds to Help Injured Industry Professional

Trade group Wildlife Control Business Builders (WCBB) is raising funds to help ECO Wildlife Solutions' Susan Sims, who suffered serious injuries as a result of a ladder fall.

Study Examines Disease Potential of NYC's Rats

Columbia University researchers spent a year collecting 133 rats in Manhattan. They found that the specimens were carrying food-borne illnesses like salmonella, as well as fever-inducing illnesses.

NPMA Looks to the Future During PestWorld Opening Ceremony

More than 3,000 industry professionals from 80-plus countries have traveled to Orlando, Fla., for PestWorld ’14. The Opening Ceremony, sponsored by Bayer, featured musical act Rhythm Extreme.

West Nile Virus Update — October 2014

As of October 14, a total of 47 states and the District of Columbia have reported West Nile virus infections in people, birds, or mosquitoes, CDC reports.

x