***Updated 9/6/2012 at 11:45 a.m.***
ORLANDO, Fla. — Harvey L. Massey, chairman and CEO of Fla.-based Massey Services, announced the purchase of Myers Services, a pest management firm headquartered in the Dallas, Texas area.
“We are pleased to welcome Myers Services team members and customers to the Massey Services organization,” said Massey. “Our expansion into Texas, with a company that has a similar company culture as our own, provides us with an excellent opportunity for growth. Like Massey, Myers has established a strong customer base as a result of its commitment to quality service.”
Massey Services was founded in 1985 by Harvey L. Massey, a 49-year veteran of the pest management and landscape services industry. The company is currently the largest family-owned business in the pest management industry, ranking 5th on the 2012 PCT Top 100 list.
Myers Services, based in Bedford, Texas, was founded in 1981 by current owner and president Danny Myers. The company services more than 50,000 households and thousands of businesses in the Dallas/Fort Worth Metroplex. Myers ranked #65 on the 2012 PCT Top 100 list with $9 million in revenues.
Myers told PCT that he and Harvey Massey began having discussions earlier this summer. “It was the right decision for me and my people. Massey’s culture and my culture were just a good fit. Massey is people-focused and people-driven. They are all about taking care of their teammates and their customers,” said Myers, who added that Massey Services also liked that Myers Services was heavily involved in commercial work. According to Myers’ Top 100 listing, 72% of the company’s business is commercial.
The acquisition also gives Massey Services a platform in Texas. “The union of Myers and Massey just made good sense,” Myers said.
Myers added that it has yet to be determined whether or not he will stay on board with Massey Services.
Tullius Partners represented and acted as the exclusive financial advisor to Myers Services in the sale.
Additional reporting by Brad Harbison.