Rentokil Acquires Isotech Pest Management

Rentokil Acquires Isotech Pest Management

Acquisition helps Rentokil expand its presence in California, particularly in the commercial sector. Under the leadership of owners Mike Masterson and Kevin Alden, Isotech grew into a $12.6 million company that ranked #58 on this year's PCT Top 100 list.

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October 31, 2016

READING, Pa. — Rentokil has acquired Irwindale, Calif.-based Isotech Pest Management, a $12.6 million company that ranked #58 on this year's PCT Top 100 list. The deal closed on Oct. 3. Terms were not disclosed.

“We really like [Isotech’s] vision for how commercial service should be handled,” John Myers, CEO of Rentokil North America, told PCT. “They very much focus on high dependency commercial accounts, and they are very selective about the types of accounts they would sell. They want customers that really respect and understand the value of pest control.”

In 2009, Isotech’s visibility was raised when it became the subject of the reality television show “Verminators.” This media involvement helped spur growth, and in 2010 and 2011 Isotech made Inc. Magazine’s list of 5000 Fastest Growing Privately Held Companies. More recently, Isotech recorded 11% revenue growth from 2014 to 2015.

Myers said Rentokil was attracted to the fact Isotech is very growth-oriented, noting, “The more growth-oriented people you can bring into an organization the more likely you are going to have that become the culture of your organization.” 

In 2012, Rentokil acquired Western Exterminator, a $94 million pest control business based in Anaheim, Calif., and serving all of California, as well as Nevada and Arizona. Myers said that Rentokil has no immediate plans to roll Isotech into the Western business because Isotech is almost exclusively involved in the commercial market, whereas Western is heavily concentrated in the residential sector.

Myers said Masterson and Alden’s immediate plans are to remain with Isotech/Rentokil and have an ongoing role in the business, “which is what we want. Both of them have really great customer contacts. It would be a bad business decision not to continue that relationship.”