READING, Pa. — Rentokil Steritech, a Rentokil North America company, announced the acquisition of Johnson Pest Control of Sevierville, Tenn. The acquisition further expands Rentokil Steritech’s footprint in the Tennessee market. The acquisition was finalized in May.
Johnson Pest Control was founded by Ray and Tammy Johnson in 1984 and provides professional, quality residential and commercial pest control services to customers in the eastern Tennessee market. Johnson offers general pest control, termite, mosquito, and bed bug services. Ray Johnson is a past NPMA president (2011-2012).
Johnson's employees will all remain on board with Rentokil Steritech.
"Tammy and Ray have built a world-class company that has an incredible reputation for delivering high-quality pest control services with a special caring touch that comes from a family-run operation," said John Myers, president and CEO of Rentokil North America. "We are excited to welcome the Johnson Pest Control team to our North American organization, and look forward to continuing the tradition of community involvement that Tammy and Ray have established and to bringing an expanded range of services to Sevierville-area home and business owners."
In commenting on the decision to sell to Rentokil Steritech, Ray Johnson said, “In seeking out a partner, we looked for just the right sort of organization that shared our core values including a commitment to our customers, colleagues, technical expertise and a well-earned reputation. We feel that Rentokil Steritech was the right fit.”
Johnson added, “After 40 years of marriage, and 35 years in business, it was time for us to start thinking about retirement. We look forward to spending more time with our special needs son Grant in the future. “
PCO M&A Specialists (a division of PCO Bookkeepers) acted as exclusive financial advisor to Johnson Pest Control.
Are you exploring the possibility of a sale, currently in the market for acquisitions or laying the groundwork for succession planning? If so, the sixth annual PCT Mergers & Acquisitions Virtual Conference is for you.
The event provides expert advice from some of the industry’s leading authorities on mergers and acquisitions and family business issues. And one of the most valuable aspects of this event is that it is virtual, meaning attendees will learn from the comfort of their home or office.
The event takes place on Aug. 21 from 11:00 a.m. to 4:00 p.m. Enjoy PCT’s Virtual M&A Conference from the comfort of your home or office for only $99. Register today by visiting http://manda.pctonline.com.
Here's a look at this year's speakers and topics.
An M&A Guide for Small- and Medium-Sized Companies
Rand Hollon, Licensed Broker, Preferred Business Brokers; Owner, Brick City Pest Control
Customer Retention: The Key to Building Value
Kemp Anderson, President, Kemp Anderson Consulting
Mergers & Acquisitions from a Global Perspective: Why It’s Important to Understand the Big Picture
Paul Giannamore, Managing Director, The Potomac Pest Control Group
Developing a Business Exit Strategy
Dan Gordon, Managing Director, PCO M&A Specialists; and John Corrigan, Partner, Corrigan, Baker & Levine
Practical Tips for Driving Business Growth to Position Your Company for Sale
Greg Clendenin, President, The Clendenin Consulting Group
HOLMDEL, N.J. — WorkWave announced that its CEO, Marne Martin, has been recognized in The Software Report’s 2019 list of Top 50 SaaS CEOs. Together with her role leading WorkWave, Marne also serves as President of IFS’s Service Management Business Unit.
Martin’s leadership skills and extensive service experience has further enabled WorkWave to empower service-oriented companies to reach their full potential through scalable, SaaS software solutions.
“It is an honor to be recognized in The Software Report’s 2019 list of Top 50 SaaS CEOs,” said Martin. “This recognition would not have been possible without my outstanding team and dedicated employees whose passion drives WorkWave to continue to create powerful and versatile SaaS solutions for our customers.”
Under Martin's leadership, WorkWave continues to strengthen its ability to deliver digital transformation and enable new revenue models for its 7,000+ customers. Her vision and strong business orientation has led to significant increases in WorkWave’s topline organic growth and EBITDA as she powerfully leads WorkWave into its next stages of growth and market expansion. Her passion for learning and development also allows her to be a mentor to others within the company, as well as an advocate for STEM education for girls and women.