ServiceMaster Announces Acquisition of Gregory Pest Solutions

The acquisition of Gregory Pest Solutions, a $26.5 million firm based in Greenville, S.C., greatly expands Terminix's presence in the Southeast.


***Updated on Oct. 22, at 3 p.m. with additional information on Gregory Pest Solutions***

MEMPHIS – ServiceMaster, parent company of Terminix, announced the acquisition of Gregory Pest Solutions, a $26.5 million firm based in Greenville, S.C., that ranked #30 on the most recent PCT Top 100. Last week, PCT reported that ServiceMaster had closed on the acquisition of Chicago area-based McCloud Services, which ranked #31 on the PCT Top 100. These acquisitions greatly expand ServiceMaster’s footprint in the Southeast and Midwest, respectively.

“We continue to deliver on our commitment to build an industry-leading commercial pest business, starting with our Copesan acquisition in 2018, and followed by the acquisitions of other Copesan providers such as Assured Environments and Cooper Pest Control,” Nik Varty, CEO of ServiceMaster, said in a press release. “We are excited to continue our progress by welcoming two additional providers in Gregory and McCloud. These acquisitions are helping us build a multi-brand service network while strategically adding incredible commercial talent and capabilities to differentiate ourselves in the eyes of our customers, and to take advantage of having the most recognized and preferred brands in the commercial sector.”

Varty added, “The Gregory and McCloud acquisitions accelerate this commercial journey. By adding extremely talented industry experts with strong capabilities in a variety of commercial sectors such as farm-to-table and multifamily housing, we add to our previous capabilities in the areas of national accounts management, bed bug treatments, and urban pest solutions.”

Phil Gregory, founder and CEO of Gregory Pest Solutions, said in the press release, “We firmly believe that it’s been our core value of taking care of people, both the employees and our customers, that has made Gregory Pest Solutions the success it is today. As a Copesan partner, we had the opportunity to experience how ServiceMaster conducts its business. It is because of the shared commitment to caring that we chose to partner with ServiceMaster.”

ServiceMaster will retain the management teams and brands of both organizations as it looks to strengthen its focus on integrated commercial pest management. Ben Walker will continue to be president of Gregory Pest Solutions. In addition to this responsibility, he will be the Southeast area leader of commercial pest operations, reporting to Greg Rutherford, president of Terminix Commercial. This follows the recent announcement that Andrew Klein, former CEO of Assured Environments, will serve as Northeast area leader of commercial pest, reporting to Rutherford. Stephanie and Chris will also continue in their leadership roles for McCloud Services, which will take a leading position as part of our Midwest division. The management teams of both businesses will also have continuing roles in the respective divisional management teams.

McCloud Services was advised by Lance Tullius of LR Tullius, Inc.

Source: Servicemaster

 
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