RIVER EDGE, N.J. — Excel Pest Services, headquartered in River Edge, N.J., has acquired Regent Pest Control, Union, N.J. The merger was announced by The Aust Group, which represented Regent Pest Control as the exclusive financial advisor on this transaction. The transaction closed on Dec. 18, 2020 and terms were not disclosed.
In 1988, Richard Pavone formed Regent Pest Control, a pest control business servicing Union County, Morris County, and surrounding counties. As a member of National Pest Management Association (NPMA) and New Jersey Pest Management Association (NJPMA), Regent has served its customers for more than 30 years. Regent provides general pest control and rodent control programs to more than 1,000 residential homes and commercial businesses throughout New Jersey.
Richard Pavone said, “When we sold our pest control company, The Aust Group proved to be an outstanding advisor. They were detail-oriented and decidedly experienced in mergers and acquisitions. Every step of the way, The Aust Group skillfully facilitated the transaction between our company and the buyer.”
Sam Hagopian, president and CEO of Excel Pest Services, said, “The strategic acquisition of Regent Pest Control allows us to more rapidly build customer density and scale in one of our premium markets.”
The acquisition of Regent Pest Control marks Excel’s second acquisition of 2020.