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