MONROE, Conn. - Terminix expands with acquisition of ABC Exterminating, based in Monroe, Conn. The acquisition was announced by The Aust Group, which represented ABC as the exclusive financial advisor on the deal.
ABC Exterminating was founded in 1983 by Emmett Lee Sr. as a full-service pest and termite control business. One year after inception, Emmett Lee Jr. joined the family business full time and became the owner of ABC in 2016. Since then, Emmett Lee Jr. grew ABC Exterminating into one of the largest pest control companies in Fairfield County and expanded the company’s service area into New York. Emmett Lee Jr. attributed their success to valuing each customer and focusing on 100% customer satisfaction. ABC Exterminating Inc. has participated in various trade associations such as National Pest Management Association (NPMA), Connecticut Pest Control Association (CPCA), and New York Pest Management Association (NYPMA) and was featured as part of the Sentricon Deader Than Dead Tour.
Emmett Lee Jr., president of ABC Exterminating, said, “When I contemplated selling my business, the most important factor was who should I have in my corner to guide me through this challenging process. After meeting with Stuart and his team, the choice was immediately clear, I felt throughout the entire process like I was dealing with friends and family.”
Stuart Aust, principal of The Aust Group, said, “We’re very excited to share the news on the acquisition of our client, ABC Exterminating to Terminix. Not only has Emmett built an incredible business, but it was a pleasure working alongside him and getting to know his family throughout this process.”
The transaction closed on Nov., and terms of this transaction were not disclosed.
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